Report Update: May 1, 2024

Austria - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Kola Nut Price in Austria - 2023

Kola Nut Price in Austria (CIF) - 2022

The average kola nut import price stood at $13,766 per ton in 2022, reducing by -44.3% against the previous year. Overall, the import price saw a slight decline. The most prominent rate of growth was recorded in 2015 an increase of 182% against the previous year. Over the period under review, average import prices attained the maximum at $24,709 per ton in 2021, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($48,000 per ton), while the price for Germany ($12,508 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+14.7%), while the prices for the other major suppliers experienced a decline.

Kola Nut Price in Austria (FOB) - 2022

In 2022, the average kola nut export price amounted to $23,273 per ton, surging by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2013 an increase of 57%. Over the period under review, the average export prices attained the maximum at $26,373 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +3.7% per year.

Kola Nut Imports in Austria

In 2022, the amount of kola nuts imported into Austria surged to 64 kg, growing by 16% against 2021. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 9,314%. As a result, imports reached the peak of 659 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, kola nut imports declined rapidly to $881 in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 16,296% against the previous year. As a result, imports reached the peak of $11K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Kola Nut in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	N/A	11.0	0.1	0.7	-74.8%
United States	N/A	N/A	N/A	0.1	0%
Cameroon	N/A	N/A	1.3	N/A	0%
Nigeria	0.1	0.1	N/A	N/A	0.0%
Others	N/A	N/A	N/A	N/A	0%
Total	0.1	11.1	1.4	0.9	108.0%

Top Suppliers of Kola Nut to Austria in 2022:

Germany (59.0 kg)
United States (4.0 kg)
Nigeria (1.0 kg)

Kola Nut Exports in Austria

In 2022, approx. 22 kg of kola nuts were exported from Austria; dropping by -4.3% on the previous year. Overall, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 77% against the previous year.

In value terms, kola nut exports fell modestly to $512 in 2022. In general, exports saw a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 101%.

Export of Kola Nut in Austria (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	208	117	419	512	35.0%
Hungary	94.0	15.0	18.0	N/A	-56.2%
Slovenia	412	N/A	35.0	N/A	-70.9%
Poland	50.0	N/A	N/A	N/A	0%
Italy	62.0	32.0	36.0	N/A	-23.8%
Slovakia	223	98.0	18.0	N/A	-71.6%
Others	N/A	N/A	N/A	N/A	0%
Total	1,049	262	526	512	-21.3%

Top Export Markets for Kola Nut from Austria in 2022:

Germany (22.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the kola nut market in Austria. 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 224 - Kolanuts

Country coverage:

Austria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Austria
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:

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

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023