Groundnuts Market

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.

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Groundnuts - World's Largest Markets

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

Groundnuts - Top Importers

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

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