Report Update May 1, 2025

Greece - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Areca Nut Market 2025

Areca Nut Market Size in Greece

After three years of decline, the Greek areca nut market decreased by -96.8% to $X in 2022. Overall, consumption saw a perceptible descent. The pace of growth appeared the most rapid in 2018 when the market value increased by 0.5% against the previous year. Areca nut consumption peaked at $X in 2021, and then reduced sharply in the following year.

Areca Nut Exports

Exports from Greece

In 2022, areca nut exports from Greece surged to X kg, picking up by 75% compared with the year before. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, areca nut exports declined significantly to $X in 2022. In general, exports, however, recorded a sharp shrinkage. The exports peaked at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Romania (X kg) was the main destination for areca nut exports from Greece, with a approx. 100% share of total exports.

From 2021 to 2022, the average annual growth rate of volume to Romania was relatively modest.

In value terms, Romania ($X) emerged as the key foreign market for areca nuts exports from Greece.

From 2021 to 2022, the average annual growth rate of value to Romania was relatively modest.

Export Prices by Country

In 2022, the average areca nut export price amounted to $X per ton, with a decrease of -56.4% against the previous year. Overall, the export price showed a precipitous decline. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then dropped significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2021 to 2022, the rate of growth in terms of prices for Romania amounted to 0.0% per year.

Areca Nut Imports

Imports into Greece

In 2022, supplies from abroad of areca nuts decreased by -95% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, imports recorded a relatively flat trend pattern. The smallest decline of -26.4% was in 2019. Imports peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, areca nut imports dropped rapidly to $X in 2022. In general, imports continue to indicate a abrupt shrinkage. The smallest decline of -18.8% was in 2019. Over the period under review, imports hit record highs at $X in 2021, and then fell dramatically in the following year.

Imports by Country

In 2022, Spain (X tons) was the main supplier of areca nut to Greece, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain was relatively modest.

In value terms, Spain ($X) constituted the largest supplier of areca nuts to Greece.

From 2012 to 2022, the average annual growth rate of value from Spain was relatively modest.

Import Prices by Country

In 2022, the average areca nut import price amounted to $X per ton, reducing by -62.7% against the previous year. In general, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12%. The import price peaked at $X per ton in 2021, and then declined sharply in the following year.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +13.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for areca nuts in the world?

India remains the largest areca nut consuming country worldwide, comprising approx. 54% of total volume. Moreover, areca nut consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh, threefold. The third position in this ranking was occupied by Myanmar, with a 7.8% share.

What are the largest producers of areca nuts in the world?

The country with the largest volume of areca nut production was India, comprising approx. 45% of total volume. Moreover, areca nut production in India exceeded the figures recorded by the second-largest producer, Bangladesh, threefold. Indonesia ranked third in terms of total production with a 10% share.

What are the leading suppliers of areca nuts to Greece?

In value terms, Bulgaria constituted the largest supplier of areca nut to Greece.

What is the average export price for areca nuts in Greece?

The average areca nut export price stood at $0 per ton in 2020, which is down by -100% against the previous year.

What is the average import price for areca nuts in Greece?

In 2020, the average areca nut import price amounted to $0 per ton, waning by -100% against the previous year.

This report provides an in-depth analysis of the areca nut market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 226 - Areca nuts

Country coverage:

Greece

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024