Global Areca Nut Market 2025

Areca Nut Market Size

For the fifth year in a row, the global areca nut market recorded growth in sales value, which increased by 2.2% to $X in 2022. Over the period under review, consumption, however, continues to indicate a resilient expansion. Global consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Areca Nut Production

In value terms, areca nut production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 74%. Global production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

India (X tons) remains the largest areca nut producing country worldwide, accounting for 57% of total volume. Moreover, areca nut production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tons), fourfold. Myanmar (X tons) ranked third in terms of total production with an 8% share.

From 2012 to 2022, the average annual growth rate of volume in India totaled +8.0%. In the other countries, the average annual rates were as follows: Bangladesh (+3.3% per year) and Myanmar (+2.3% per year).

In 2022, the global average areca nut yield fell to X tons per ha, declining by -5.5% against the previous year's figure. In general, the yield continues to indicate a mild decrease. The pace of growth was the most pronounced in 2015 with an increase of 7.1% against the previous year. Over the period under review, the average areca nut yield reached the peak level at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of areca nuts were harvested worldwide; which is down by -2.6% compared with the previous year's figure. Overall, the total harvested area indicated measured growth from 2012 to 2022: its figure increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, areca nut harvested area increased by +53.4% against 2014 indices. The pace of growth was the most pronounced in 2020 when the harvested area increased by 20%. The global harvested area peaked at X ha in 2021, and then fell in the following year.

Areca Nut Exports

Exports

Global areca nut exports fell significantly to X tons in 2022, shrinking by -26.9% against 2021 figures. Overall, total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of X tons, and then fell remarkably in the following year.

In value terms, areca nut exports contracted sharply to $X in 2022. In general, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 75%. The global exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Indonesia was the largest exporter of areca nuts in the world, with the volume of exports resulting at X tons, which was approx. 49% of total exports in 2022. Thailand (X tons) held the second position in the ranking, followed by Myanmar (X tons), India (X tons) and Sri Lanka (X tons). All these countries together took approx. 48% share of total exports. Singapore (X tons) held a minor share of total exports.

Indonesia experienced a relatively flat trend pattern with regard to volume of exports of areca nuts. At the same time, India (+37.2%), Myanmar (+31.9%), Thailand (+5.3%) and Sri Lanka (+4.6%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +37.2% from 2012-2022. By contrast, Singapore (-12.3%) illustrated a downward trend over the same period. Myanmar (+15 p.p.), India (+8.6 p.p.) and Thailand (+3.3 p.p.) significantly strengthened its position in terms of the global exports, while Singapore and Indonesia saw its share reduced by -9.8% and -18% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest areca nut supplier worldwide, comprising 47% of global exports. The second position in the ranking was held by Myanmar ($X), with a 17% share of global exports. It was followed by Thailand, with a 12% share.

In Indonesia, areca nut exports expanded at an average annual rate of +8.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Myanmar (+39.8% per year) and Thailand (+7.0% per year).

Export Prices by Country

In 2022, the average areca nut export price amounted to $X per ton, picking up by 11% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, areca nut export price increased by +120.4% against 2012 indices. The growth pace was the most rapid in 2014 when the average export price increased by 46%. 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+14.7%), while the other global leaders experienced more modest paces of growth.

Areca Nut Imports

Imports

In 2022, supplies from abroad of areca nuts increased by 48% to X tons, rising for the third year in a row after five years of decline. Over the period under review, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 102%. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, areca nut imports soared to $X in 2022. In general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 87% against the previous year. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Thailand (X tons) and India (X tons) represented the major importers of areca nuts in 2022, amounting to near 39% and 30% of total imports, respectively. China (X tons) ranks next in terms of the total imports with a 9.9% share, followed by Bangladesh (7.2%). The following importers - Iran (X tons), Pakistan (X tons) and Singapore (X tons) - together made up 11% of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +90.3%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported areca nuts worldwide, comprising 40% of global imports. The second position in the ranking was held by Thailand ($X), with an 18% share of global imports. It was followed by Iran, with a 17% share.

From 2012 to 2022, the average annual growth rate of value in India amounted to +40.1%. In the other countries, the average annual rates were as follows: Thailand (+98.7% per year) and Iran (+1.2% per year).

Import Prices by Country

The average areca nut import price stood at $X per ton in 2022, reducing by -7.5% against the previous year. Overall, the import price, however, saw mild growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 94% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Iran ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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