Areca Nut Market Overview in Saudi Arabia
The revenue of the areca nut market in Saudi Arabia expanded sharply to $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of % y-o-y. As a result, consumption attained the peak level of $. From 2016 to 2019, the growth of the market remained at a somewhat lower figure.