World - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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World - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Feb 17, 2022

Global Peanut Market: Prices to Keep Firm with Boosting Supply

IndexBox has just published a new report: 'World - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

In 2022, peanut prices are forecast to remain stable due to rising global production. This year, the world's peanut seed output is set to reach a record 50.7M tonnes, increasing by 2.3% y/y.

Peanut prices are to remain stable thanks to boosting supply this year. The average peanut seed price on the Rotterdam exchange (CIF; US Runners 40/50%, Shelled Basis) amounted to $1,525 per tonne in January 2022 and was nearly unchanged compared to January 2021.

According to IndexBox estimates based on USDA data, global groundnut production will rise by 2.3 y/y to 50.7M tonnes in 2022. World's imports are forecast to drop slightly from approx. 4.6M tonnes in 2021 to 4.5M tonnes this year. China leads global peanut seed production, accounting for 36% of the total volume; India follows with a further 13%-share. In 2022, China's peanut production is expected to rise by 1.2% y/y 18.2M tonnes, while India's output is to grow by 1.5% y/y to 6.8M tonnes.

Global Peanut Imports

In 2020, approx. 461K tonnes of ground-nut (in-shell) were imported worldwide; with an increase of 82% on the previous year. In value terms, supplies surged to $415M (IndexBox estimates).

China prevails in groundnut imports structure, resulting at 320K tonnes, which was near 69% of total volume in 2020. It was distantly followed by Italy (23K tonnes), committing a 5.1% share of total imports. The following importers - Germany (19K tonnes), Spain (13K tonnes), Vietnam (9.4K tonnes), Thailand (8.3K tonnes), Canada (7.6K tonnes) and Indonesia (6.9K tonnes) - together made up 14% of total supplies.

In value terms, China ($182M) constitutes the largest market for imported ground-nut (in-shell) worldwide, comprising 44% of global volume. The second position in the ranking was occupied by Italy ($52M), with a 13% share of global imports. It was followed by Germany, with an 8.1% share.

China's value of groundnut imports increased fivefold in 2020. In the other countries, the average annual rates were as follows: Italy (+7.8% y/y) and Germany (+1.4% y/y).

Top Leading Peanut Exporters Worldwide

The U.S. dominates groundnut exports structure, reaching 312K tonnes, which was approx. 74% of total volume in 2020. It was distantly followed by China (28K tonnes), comprising a 6.6% share of total exports. The following exporters - Israel (18K tonnes), Senegal (15K tonnes), India (12K tonnes), Vietnam (6.9K tonnes) and Uzbekistan (6.8K tonnes) - together made up 14% of total supplies.

In value terms, the U.S. ($243M) remains the largest groundnuts supplier worldwide, comprising 67% of global exports. The second position in the ranking was occupied by China ($34M), with a 9.4% share of global value. Israel, with a 6.4% share, followed China.

Source: IndexBox Platform

This report provides an in-depth analysis of the global groundnuts market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Product coverage:
• FCL 242 - Groundnuts, in shell

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Harvested Area, By Country, 2007-2021
Table 7:
Yield, By Country, 2007-2021
Table 8:
Imports, In Physical Terms, By Country, 2007–2021
Table 9:
Imports, In Value Terms, By Country, 2007–2021
Table 10:
Import Prices, By Country Of Destination, 2007–2021
Table 11:
Exports, In Physical Terms, By Country, 2007–2021
Table 12:
Exports, In Value Terms, By Country, 2007–2021
Table 13:
Export Prices, By Country Of Origin, 2007–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2021
Figure 18:
Production, In Value Terms, 2007–2021
Figure 19:
Area Harvested, 2007–2021
Figure 20:
Yield, 2007–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2007–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2007-2021
Figure 25:
Yield, By Country, 2007-2021
Figure 26:
Imports, In Physical Terms, 2007–2021
Figure 27:
Imports, In Value Terms, 2007–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2007–2021
Figure 30:
Imports, In Value Terms, By Country, 2007–2021
Figure 31:
Import Prices, By Country, 2007–2021
Figure 32:
Exports, In Physical Terms, 2007–2021
Figure 33:
Exports, In Value Terms, 2007–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2007–2021
Figure 36:
Exports, In Value Terms, By Country, 2007–2021
Figure 37:
Export Prices, 2007–2021
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