What is the price of areca (betel) nut per kilogram/pound in Indonesia today?
The retail price range for Indonesia areca (betel) nut is between US$ 7.85 and US$ 9.81 per kilogram or between US$ 3.56 and US$ 4.45 per pound(lb). Click here to see today's exact prices of areca (betel) nut in Indonesia
The retail price range in Rupiah for areca (betel) nut is between IDR 130,826.67 and IDR 163,533.33 per kilogram or between IDR 59,331.82 and IDR 74,164.78 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia areca (betel) nut is between US$ 5.49 and US$ 6.87 per kilogram or between US$ 2.49 and US$ 3.11 per pound(lb).
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Indonesia Areca (betel) Nut Export Prices - Historical, Trends and Prediction
The export price per kilogram of Areca (Betel) Nut from Indonesia has seen a steady increase over the last five years. In 2017, the export price was 1.45 US $ per kg, and in 2021 it had risen to 1.66 US $ per kg. The most recent data shows that the export price in 2022 was 1.30 US $ per kg. Based on this trend, it is likely that the export price in 2023 will be around 1.72 US $ per kg, and in 2024 it could reach 1.78 US $ per kg.The exports of areca (betel) nut from Indonesia are classified as:
- Fresh or dried areca nuts, whether or not shelled or peeled (HS code 080280)
Indonesia Areca (betel) Nut Import Prices - Historical, Trends and Prediction
The import price per kilogram of Areca (Betel) Nut into Indonesia has seen a steady increase over the last five years. In 2017, the price was $1.45, and in 2021 it had risen to $1.66. The highest price was seen in 2021, with a slight decrease to $1.25 in 2020. The average price for the last five years is $1.35. Based on this trend, it is predicted that the import price per kilogram of Areca (Betel) Nut into Indonesia will be $1.35 in 2023 and $1.40 in 2024.Export values for Indonesia areca (betel) nut
The total values in export for areca (betel) nut in Indonesia were US$ 277,786, US$ 330,273, US$ 311,442 and US$ 302,005 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Indonesia: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of areca (betel) nut in other countries across Asia: Kazakhstan areca (betel) nut, Kyrgyzstan areca (betel) nut, Tajikistan areca (betel) nut, Turkmenistan areca (betel) nut, Uzbekistan areca (betel) nut, China areca (betel) nut, Hong Kong areca (betel) nut, Macao areca (betel) nut, North Korea areca (betel) nut & Mongolia areca (betel) nut.
Indonesia areca (betel) nut - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 252,658 tonnes of areca (betel) nut. In 2019 alone, the interest in Indonesia areca (betel) nut (nuts category) has reduced, recording a change of -2.209 % compared to the year 2018. Between 2017 and 2019, areca (betel) nut's exports went up by 10.88% netting Indonesia US$302.00m for the year 2019. Indonesia's areca (betel) nut exports are classified as:
- Fresh or dried areca nuts, whether or not shelled or peeled (HS code 080280)
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Indonesia areca (betel) nut export values
In 2019, Indonesia exported areca (betel) nut costing 302.00m USD, a decrease of -3.03% from 2018's total areca (betel) nut export of 311.442m USD. The annual reduction in value of Indonesia areca (betel) nut between 2017 to 2018 was -5.702%.
The yearly variation in the quantity of Indonesia's areca (betel) nut exports between 2017 and 2019 was 10.88% when compared to a variation of -2.209% in the growth rate between 2018 and 2019.
Indonesia's share of the world's total areca (betel) nut's exports in 2019 was less than 1%. Indonesia holds number 40 in world exports of areca (betel) nut.
Export markets for Indonesia areca (betel) nut ( in '000$ )
Indonesia's leading destinations for areca (betel) nut are Thailand, Iran, India, Bangladesh and Singapore.
Indonesia ordered 173 tonnes of areca (betel) nut in 2019.
Production
The production of areca (betel) nut in Indonesia was 149,450 tonnes in 2019 and is projected to change by an average of 0.51%. The country had approximately 188,490.00 hectares under areca (betel) nut cultivation.