Netherlands: Kola Nut Market 2024

Kola Nut Market Size in the Netherlands

The Dutch kola nut market fell to $X in 2022, which is down by -7.9% against the previous year. Overall, consumption, however, enjoyed a noticeable increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Kola Nut Production in the Netherlands

In value terms, kola nut production stood at $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 17%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of kola nuts in the Netherlands totaled less than X kg per ha in 2022, remaining constant against the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of kola nuts in the Netherlands was estimated at less than X ha, approximately mirroring the previous year. In general, the harvested area recorded a relatively flat trend pattern.

Kola Nut Exports

Exports from the Netherlands

In 2022, the amount of kola nuts exported from the Netherlands soared to X tons, growing by 19% against the previous year. In general, exports, however, saw a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 43%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, kola nut exports skyrocketed to $X in 2022. Overall, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of 89%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for kola nut exports from the Netherlands, accounting for a 49% share of total exports. Moreover, kola nut exports to Germany exceeded the volume sent to the second major destination, Sweden (X kg), fourfold. Belgium (X kg) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at -21.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-20.8% per year) and Belgium (-30.3% per year).

In value terms, Germany ($X) remains the key foreign market for kola nuts exports from the Netherlands, comprising 48% of total exports. The second position in the ranking was held by Sweden ($X), with a 12% share of total exports. It was followed by Belgium, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to -6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-7.6% per year) and Belgium (-25.9% per year).

Export Prices by Country

The average kola nut export price stood at $X per ton in 2022, increasing by 27% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Kola Nut Imports

Imports into the Netherlands

In 2022, kola nut imports into the Netherlands fell markedly to X tons, with a decrease of -25.6% on the previous year. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 42,124% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, kola nut imports soared to $X in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by 41,304% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of kola nut to the Netherlands, accounting for a 89% share of total imports. Moreover, kola nut imports from France exceeded the figures recorded by the second-largest supplier, Nigeria (X kg), more than tenfold. Germany (X kg) ranked third in terms of total imports with a 0.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Nigeria (+96.8% per year) and Germany (-63.8% per year).

In value terms, France ($X) constituted the largest supplier of kola nuts to the Netherlands, comprising 93% of total imports. The second position in the ranking was held by Nigeria ($X), with a 1.1% share of total imports. It was followed by Germany, with a 0.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +45.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Nigeria (+76.9% per year) and Germany (-60.5% per year).

Import Prices by Country

In 2022, the average kola nut import price amounted to $X per ton, picking up by 64% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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