India holds the dominant position in global areca nuts production, reaching 996.32 thousand metric tons in 2023, reflecting a 3.65% increase year-over-year. Bangladesh and Indonesia follow with 348.28 thousand and 151.47 thousand metric tons, growing by 10.05% and 0.37% respectively. Most other countries show moderate to minimal growth, except China and Taiwan, which declined by 1.7%. Notably, Nepal's production dropped by 10.03%. Overall, the last five years observed various fluctuations across countries.
Future trends to watch include:
- Continued growth in India and Bangladesh, driven by domestic demand.
- Potential entry or expansion of production in other Asian countries.
- Sustainability and market dynamics affecting global supply chains.
Top countries in Areca Nuts Production by Country
# | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 India | 996,320 | 2023 | +2.9% | +3.65% | View data |
2 | 2 Bangladesh | 348,280 | 2023 | +4.05% | +10.05% | View data |
3 | 3 Indonesia | 151,470 | 2023 | +0.35% | +0.37% | View data |
4 | 4 Myanmar | 146,740 | 2023 | +1.8% | +1.91% | View data |
5 | 5 China | 94,470 | 2023 | -2.01% | -1.7% | View data |
6 | 6 Taiwan | 94,470 | 2023 | -2.01% | -1.7% | View data |
7 | 7 Sri Lanka | 61,620 | 2023 | +3.11% | +2.41% | View data |
8 | 8 Thailand | 42,240 | 2023 | +1.29% | +1.4% | View data |
9 | 9 Bhutan | 17,370 | 2023 | +3.86% | +8.26% | View data |
10 | 10 Nepal | 8,200 | 2023 | -0.49% | -10.03% | View data |