| Product Code: ETC379588 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Indonesia acorn nuts market, the import trend experienced a decline with a growth rate of -18.7% from 2023 to 2024. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 2.96%. This decline in import momentum in 2024 could be attributed to shifting demand patterns or changes in trade policies impacting market stability.
The Indonesia Acorn Nuts Market is experiencing a steady demand from the construction, automotive, and machinery sectors, where these fasteners play a crucial role in securing components. The market outlook is optimistic, driven by the growth of these industries and the need for reliable and durable fastening solutions. Manufacturers in Indonesia are focusing on producing high-quality acorn nuts to meet the stringent requirements of modern engineering applications. Furthermore, the export potential of these products contributes to the positive market outlook.
The Indonesia Acorn Nuts market is driven by the construction, manufacturing, and automotive sectors. Acorn nuts find application in securing and fastening components, ensuring structural integrity and safety. The growth of these industries, coupled with the need for reliable fastening solutions, contributes to the demand for acorn nuts. Additionally, the maintenance and repair activities in various sectors require these nuts, further bolstering market prospects. The market is expected to see steady growth as industrial and construction activities continue to thrive.
The Indonesia Acorn Nuts market faces several challenges. Firstly, it`s a niche market, and raising awareness about acorn nuts as a viable food source can be a significant hurdle. Additionally, there are concerns about the sustainability of acorn nut harvesting, as it involves collecting nuts from oak trees, which could have ecological consequences if not managed properly. Ensuring quality and safety standards is another challenge, as there may be limited regulations specific to acorn nuts in Indonesia.
The acorn nuts market faced challenges related to the automotive and construction industries, which are key consumers of fasteners like acorn nuts. Reduced production and delayed projects resulted in lower demand. The market`s recovery has been closely tied to the resurgence of these industries as they return to full capacity.
The Indonesia Acorn Nuts market is witnessing strong growth due to increasing consumer demand for healthy snack options. Key players in this market include local nut producers such as NutriSeeds, NutsIndo, and NutraFarms.