The 2023 data reveals India's dominant position in the global areca nut market, with a substantial 74.96% share in gross production. Bangladesh and Myanmar follow, contributing 12.84% and 7.65%, respectively. Over the past five years, India's market share has been characterized by robust growth, with a high CAGR, whereas China and Taiwan saw slight declines. In 2023, notable growth was observed in India, Myanmar, Sri Lanka, and Bhutan, indicating upward trends, whereas China and Taiwan experienced minor contractions.
Looking ahead, continued expansion is expected for nations like India and Myanmar, with growth potentially driven by increased domestic consumption and exports. Monitoring agricultural innovations, trade policies, and economic conditions will be crucial in predicting future shifts in the global distribution of areca nut production.
Top countries in Areca Nuts Gross Production Share by Country (Thousand US Dollars PPP = 2004–2006)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 74.96 | 2023 | +15.52% | +20.7% | View data |
| 2 | 2 Bangladesh | 12.84 | 2023 | +4.86% | +11.12% | View data |
| 3 | 3 Myanmar | 7.65 | 2023 | +2.16% | +18.53% | View data |
| 4 | 4 Sri Lanka | 3.67 | 2023 | +11.91% | +13.8% | View data |
| 5 | 5 China | 3.2 | 2023 | -2.54% | -2.39% | View data |
| 6 | 6 Taiwan | 3.2 | 2023 | -2.54% | -2.39% | View data |
| 7 | 7 Indonesia | 2.31 | 2023 | +0.18% | +1.13% | View data |
| 8 | 8 Thailand | 1.31 | 2023 | -0.77% | -0.58% | View data |
| 9 | 9 Bhutan | 0.87 | 2023 | +7.69% | +16.32% | View data |
| 10 | 10 Nepal | 0.44 | 2023 | +2.22% | -2.14% | View data |
