Report Update: Dec 1, 2023

World - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights

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Groundnuts Market

Name: Groundnuts Market
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Groundnuts market, IndexBox, market research, global market, publisher

Groundnuts market: enjoy the most recent datasets secured by an Ai-driven market intelligence tool. Data provide market prices, imports, consumption, production, market size, trade, exports, and companies. There is a breakdown by region, including the U.S., Africa, EU, Latin America, the Middle East, China, Russia, and the U.K. Market dynamics and outlook to 2030 are also provided in the dashboards.

Get FREE access to the latest data and statistics on the Groundnuts Market.

Groundnuts - World's Largest Markets

Rating	Country
1	China
2	India
3	Nigeria
4	United States
5	Sudan

In value terms, the largest groundnuts markets worldwide were China, India and Nigeria, with a combined 63% share of the global market.

Among the main consuming countries, India saw the highest rates of growth with regard to market size, over the period under review, while groundnuts market for the other global leaders experienced more modest paces of growth.

Groundnuts Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Senegal	484	382	466	-1.9%
United States	1096	997	767	-16.3%
India	859	988	802	-3.4%
China	1129	1126	1235	4.6%
Israel	3575	2454	1314	-39.4%
Egypt	1773	1845	1989	5.9%
Average	1027	936	921	-5.3%

Prices varied noticeably by the country of origin; the country with the highest price was Egypt ($1,989 per ton), while Senegal ($466 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Italy	2199	2165	2213	0.3%
Germany	1840	1755	1786	-1.5%
Spain	1538	1499	1640	3.3%
Vietnam	1458	1502	1546	3.0%
Canada	1380	1292	1348	-1.2%
Thailand	648	708	738	6.7%
China	534	518	569	3.2%
Average	1097	1083	896	-9.6%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Italy ($2,213 per ton), while China ($569 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced more modest paces of growth.

Groundnuts - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
China	19	26	182	207.7%
Italy	47	48	52	5.0%
Germany	36	33	34	-2.8%
Spain	18	19	22	11.0%
Vietnam	2.1	6.4	14	160.8%

In value terms, China ($182M) constitutes the largest market for imported ground-nut (in-shell) worldwide, comprising 41% of global imports. The second position in the ranking was occupied by Italy ($52M), with a 12% share of global imports. It was followed by Germany, with a 7.5% share.

In China, groundnuts imports increased at an average annual rate of +207.7% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Italy (+5.0% per year) and Germany (-2.8% per year).

Groundnuts - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
United States	65	101	246	94.0%
Egypt	53	52	56	3.1%
China	38	41	34	-4.8%
Israel	23	23	23	0.3%
India	46	36	9.7	-53.9%

In value terms, the United States ($246M) remains the largest groundnuts supplier worldwide, comprising 57% of global exports. The second position in the ranking was occupied by Egypt ($56M), with a 13% share of global exports. It was followed by China, with a 7.9% share.

From 2018 to 2020, the average annual growth rate of value in the United States totaled +94.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (+3.1% per year) and China (-4.8% per year).

Groundnuts - Market Forecast

Driven by increasing demand for groundnuts worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Groundnuts - Top Companies

FELIX GmbH & Co. KG, Hampton Farms, Inc., Sandridge Partners, L.P., BUMI MEKAR TANI, PT, Mack Farms Eagle Island, LLC, Suwannee Farms, LLC, COPEOL SENEGAL, Forrester Farms, Inc., 35 Farms Inc, Charmar Inc, Shandong Greatnut Cereals & Oils Industrial Co., Ltd., KERNILE, Burch Farms, Inc., Brantley Broome Farms, Inc., ISRAELI PEANUTS LTD, AGUSTIN VIDIZZONI S.A., B & G Produce Inc, MANIAGRO S.A., Riggan & Neal Farms Inc, Adkins, Grover & Andy S Jr

Groundnuts - Product Coverage

HS 120210 - Ground-nuts; in shell, not roasted or otherwise cooked
HS 120241 - Ground-nuts; other than seed, not roasted or otherwise cooked, in shell

Source: IndexBox Market Intelligence 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 2030.

Product coverage:

• FCL 242 - Groundnuts, in shell

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles

This Chapter is Available Only for the Professional Edition PRO
1. United States
2. China
3. Japan
4. Germany
5. United Kingdom
6. France
7. Brazil
8. Italy
9. Russian Federation
10. India
11. Canada
12. Australia
13. Republic of Korea
14. Spain
15. Mexico
16. Indonesia
17. Netherlands
18. Turkey
19. Saudi Arabia
20. Switzerland
21. Sweden
22. Nigeria
23. Poland
24. Belgium
25. Argentina
26. Norway
27. Austria
28. Thailand
29. United Arab Emirates
30. Colombia
31. Denmark
32. South Africa
33. Malaysia
34. Israel
35. Singapore
36. Egypt
37. Philippines
38. Finland
39. Chile
40. Ireland
41. Pakistan
42. Greece
43. Portugal
44. Kazakhstan
45. Algeria
46. Czech Republic
47. Qatar
48. Peru
49. Romania
50. Vietnam
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption, By Country, 2018–2022
5. Production, In Physical Terms, By Country, 2012–2022
6. Harvested Area, By Country, 2012-2022
7. Yield, By Country, 2012-2022
8. Imports, In Physical Terms, By Country, 2012–2022
9. Imports, In Value Terms, By Country, 2012–2022
10. Import Prices, By Country Of Destination, 2012–2022
11. Exports, In Physical Terms, By Country, 2012–2022
12. Exports, In Value Terms, By Country, 2012–2022
13. Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Consumption, By Country, 2022
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2022
19. Production, In Value Terms, 2012–2022
20. Area Harvested, 2012–2022
21. Yield, 2012–2022
22. Production, By Country, 2022
23. Production, In Physical Terms, By Country, 2012–2022
24. Harvested Area, By Country, 2022
25. Harvested Area, By Country, 2012-2022
26. Yield, By Country, 2012-2022
27. Imports, In Physical Terms, 2012–2022
28. Imports, In Value Terms, 2012–2022
29. Imports, In Physical Terms, By Country, 2022
30. Imports, In Physical Terms, By Country, 2012–2022
31. Imports, In Value Terms, By Country, 2012–2022
32. Import Prices, By Country, 2012–2022
33. Exports, In Physical Terms, 2012–2022
34. Exports, In Value Terms, 2012–2022
35. Exports, In Physical Terms, By Country, 2022
36. Exports, In Physical Terms, By Country, 2012–2022
37. Exports, In Value Terms, By Country, 2012–2022
38. Export Prices, 2012–2022