We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report MERCOSUR - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

MERCOSUR: Areca Nut Market 2024

Areca Nut Market Size in MERCOSUR

The MERCOSUR areca nut market amounted to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Areca Nut Production in MERCOSUR

In value terms, areca nut production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 22%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Peru (X tons) remains the largest areca nut producing country in MERCOSUR, accounting for 100% of total volume.

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

Areca Nut Exports

Exports in MERCOSUR

In 2022, shipments abroad of areca nuts increased by 94% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, showed a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 1,049%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, areca nut exports soared to $X in 2022. In general, exports, however, saw a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 1,148%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X kg) and Guyana (X kg) prevails in exports structure, together committing 96% of total exports. Brazil (X kg) took a minor share of total exports.

From 2017 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Brazil (with a CAGR of +48.0%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Peru ($X) remains the largest areca nut supplier in MERCOSUR, comprising 85% of total exports. The second position in the ranking was held by Brazil ($X), with a 9.6% share of total exports.

In Peru, areca nut exports declined by an average annual rate of -65.5% over the period from 2017-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+106.5% per year) and Guyana (0.0% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, declining by -33.4% against the previous year. Overall, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in 2020 an increase of 101% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Guyana ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+39.5%).

Areca Nut Imports

Imports in MERCOSUR

In 2022, approx. X tons of areca nuts were imported in MERCOSUR; jumping by 11,811% compared with the previous year. In general, imports showed significant growth. The pace of growth was the most pronounced in 2014 when imports increased by 39,347% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, areca nut imports surged to $X in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 41,659%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Colombia represented the largest importer of areca nuts in MERCOSUR, with the volume of imports finishing at X tons, which was near 66% of total imports in 2022. It was distantly followed by Argentina (X tons), creating a 33% share of total imports.

Imports into Colombia increased at an average annual rate of +1.1% from 2012 to 2022. At the same time, Argentina (+23.9%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +23.9% from 2012-2022. Colombia (+65 p.p.) and Argentina (+32 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest areca nut importing markets in MERCOSUR were Colombia ($X) and Argentina ($X).

In terms of the main importing countries, Argentina, with a CAGR of +29.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, falling by -47.1% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 217% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while Colombia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+4.3%).

Source: IndexBox Platform

This report provides an in-depth analysis of the areca nut market in MERCOSUR. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in MERCOSUR, split by region and country
  • Trade (exports and imports) in MERCOSUR
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Argentina
    • Brazil
    • Chile
    • Colombia
    • Ecuador
    • Guyana
    • Paraguay
    • Peru
    • Suriname
    • Uruguay
    • Venezuela

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

Recommended reports

Asia - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 591

This report provides an in-depth analysis of the areca nut market in Asia.

U.S. - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 757

This report provides an in-depth analysis of the areca nut market in the U.S..

China - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 883

This report provides an in-depth analysis of the areca nut market in China.

EU - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 466

This report provides an in-depth analysis of the areca nut market in the EU.

World - Areca Nuts - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 7379

This report provides an in-depth analysis of the global areca nut market.

Free Data: Areca Nuts - MERCOSUR
Table
Areca Nuts - MERCOSUR - Table
Dashboard
Areca Nuts - MERCOSUR - Dashboard
Report
Areca Nuts - MERCOSUR - Report