What is the price of areca (betel) nut per kilogram/pound in Singapore today?
The retail price range for Singapore areca (betel) nut is between US$ 9.86 and US$ 19.72 per kilogram or between US$ 4.47 and US$ 8.94 per pound(lb). Click here to see today's exact prices of areca (betel) nut in Singapore
The retail price range in Singapore Dollar for areca (betel) nut is between SGD 13.26 and SGD 26.52 per kilogram or between SGD 6.01 and SGD 12.03 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore areca (betel) nut is between US$ 6.90 and US$ 13.80 per kilogram or between US$ 3.13 and US$ 6.26 per pound(lb).
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Singapore Areca (betel) Nut Export Prices - Historical, Trends and Prediction
The export price per kilogram of Areca (Betel) Nut from Singapore has seen a steady increase over the last five years. In 2017, the export price was 1.63 US $ per kg, followed by 1.51 US $ per kg in 2018. In 2019, the export price dropped to 1.41 US $ per kg, but then rose again to 1.51 US $ per kg in 2020. The highest export price was recorded in 2021, at 2.05 US $ per kg. Based on this trend, it is predicted that the export price of Areca (Betel) Nut from Singapore will be 2.19 US $ per kg in 2023 and 2.33 US $ per kg in 2024.The areca (betel) nut exports from Singapore are classified as:
- Fresh or dried areca nuts, whether or not shelled or peeled (HS code 080280)
Singapore Areca (betel) Nut Import Prices - Historical, Trends and Prediction
The import price per kilogram of Areca (Betel) Nut into Singapore has been analyzed for the last five years. In 2016, the price was $1.66, followed by a slight decrease to $1.63 in 2017. In 2018, the price dropped to $1.51, and then remained at the same level in 2019 and 2020. However, in 2021, the price increased to $2.05. Based on this trend, it is predicted that the import price per kilogram of Areca (Betel) Nut into Singapore will be $2.17 in 2023 and $2.30 in 2024.Export values for Singapore areca (betel) nut
The total values in export for areca (betel) nut in Singapore were US$ 12,862, US$ 13,186, US$ 12,344 and US$ 23,252 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Singapore: 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.
Singapore areca (betel) nut - Production, Exports, Imports, Seasons and HS Codes
The volume of areca (betel) nut sold by Singapore in 2020 was 20,185 metric tonnes. In 2019 Singapore sold 16,439 tonnes of areca (betel) nut. For the year 2019 alone, the interest in Singapore areca (betel) nut (nuts category) has surged, with a change of 101.532 percent compared to the year 2018. Between 2017 and 2019, areca (betel) nut's exports went up by 102.98% netting the country US$23.25m for the year 2019. Singapore's areca (betel) nut exports are categorised as:
- Fresh or dried areca nuts, whether or not shelled or peeled (HS code 080280)
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Singapore areca (betel) nut export values
In 2019, Singapore supplied areca (betel) nut valued at 23.25m USD, an increment of 88.35% from 2018's total areca (betel) nut export of 12.344m USD. The annual increase in value of Singapore areca (betel) nut between 2017 to 2018 was -6.386 percent.
The per year change in the volume of Singapore's areca (betel) nut exports between 2017 and 2019 was 102.98 pc compared to a variation of 101.532% in the period between 2018 and 2019.
Export markets for Singapore areca (betel) nut ( in '000$ )
Singapore's leading export markets for areca (betel) nut are Thailand, Afghanistan, Iran, Bangladesh and India.
Singapore brought in 16,312 tonnes of areca (betel) nut in 2019.