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

RatingCountry
1China
2India
3Nigeria
4United States
5Sudan

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

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Senegal484382466-1.9%
United States1096997767-16.3%
India859988802-3.4%
China1129112612354.6%
Israel357524541314-39.4%
Egypt1773184519895.9%
Average1027936921-5.3%

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

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Italy2199216522130.3%
Germany184017551786-1.5%
Spain1538149916403.3%
Vietnam1458150215463.0%
Canada138012921348-1.2%
Thailand6487087386.7%
China5345185693.2%
Average10971083896-9.6%

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 tonne), while China ($569 per tonne) 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

COUNTRY201820192020CAGR,
2018-2020
million USD
China1926182207.7%
Italy4748525.0%
Germany363334-2.8%
Spain18192211.0%
Vietnam2.16.414160.8%

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

COUNTRY201820192020CAGR,
2018-2020
million USD
United States6510124694.0%
Egypt5352563.1%
China384134-4.8%
Israel2323230.3%
India46369.7-53.9%

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
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World - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global groundnuts market.

Middle East - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the groundnuts market in the Middle East.

Australia and Oceania - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the groundnuts market in Australia and Oceania.

Northern America - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the groundnuts market in Northern America.

Eastern Asia - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the groundnuts market in Eastern Asia.

Africa - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the groundnuts market in Africa.

Central Asia - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the groundnuts market in Central Asia.

Latin America and the Caribbean - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the groundnuts market in Latin America and the Caribbean.

South-Eastern Asia - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the groundnuts market in South-Eastern Asia.

Southern Asia - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the groundnuts market in Southern Asia.

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