What is the price of areca (betel) nut per kilogram/pound in Vietnam today?
The retail price range for Vietnam areca (betel) nut is between US$ 2.39 and US$ 4.31 per kilogram or between US$ 1.09 and US$ 1.95 per pound(lb). Click here to see today's exact prices of areca (betel) nut in Vietnam
The retail price range in Dong for areca (betel) nut is between VND 59,862.50 and VND 107,752.50 per kilogram or between VND 27,148.53 and VND 48,867.35 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam areca (betel) nut is between US$ 1.68 and US$ 3.02 per kilogram or between US$ 0.76 and US$ 1.37 per pound(lb).
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Vietnam Areca (betel) Nut Export Prices - Historical, Trends and Prediction
The export price per kilogram of Areca (Betel) Nut from Vietnam has seen a steady increase over the last five years. In 2016, the price was 1.70 US$ per kg, and in 2020, it had risen to 5.69 US$ per kg. This represents an increase of over 233%. Looking ahead, it is likely that the export price of Areca (Betel) Nut from Vietnam will continue to rise, with an estimated price of 6.50 US$ per kg in 2023 and 7.30 US$ per kg in 2024.Vietnam Areca (betel) Nut Import Prices - Historical, Trends and Prediction
The import price per kilogram of Areca (Betel) Nut into Vietnam has seen a steady increase over the past five years. In 2016, the price was 1.70 US dollars per kg, and in 2020, it had risen to 5.69 US dollars per kg. This represents an increase of over 230% in just four years. The highest price was recorded in 2020, while the lowest was in 2018, when the price was 1.46 US dollars per kg. Looking ahead, it is likely that the import price of Areca (Betel) Nut into Vietnam will continue to rise, with an estimated price of 6.50 US dollars per kg in 2023 and 7.00 US dollars per kg in 2024.Export values for Vietnam areca (betel) nut
The total values in export for areca (betel) nut in Vietnam were US$ 7,855, US$ 19,704, US$ 10,206 and US$ 5,165 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Vietnam: 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.
Vietnam areca (betel) nut - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam sold 2,943 tonnes of areca (betel) nut. In 2019 alone, the demand for Vietnam areca (betel) nut (nuts category) has decreased, recording a change of -57.825 % compared to the year 2018. Between 2017 and 2019, areca (betel) nut's exports went down by -78.16% earning the country US$5.16m for the year 2019. Vietnam's areca (betel) nut exports are categorised as:
- Fresh or dried areca nuts, whether or not shelled or peeled (HS code 080280)
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Vietnam areca (betel) nut export values
In 2019, Vietnam sold areca (betel) nut costing 5.16m USD, a contraction of -49.44% from 2018's total areca (betel) nut export of 10.206m USD. The annual reduction in value of Vietnam areca (betel) nut between 2017 to 2018 was -48.203 per cent.
The annual/yearly change in the volume of Vietnam's areca (betel) nut exports between 2017 and 2019 was -78.16 percent in comparison to a variation of -57.825% in the period between 2018 and 2019.
Export markets for Vietnam areca (betel) nut ( in '000$ )
Vietnam procured 21 tonnes of areca (betel) nut in 2019.