Germany - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGroundnuts Price in Germany - 2023
Contents:
- Groundnuts Price in Germany (CIF) - 2023
- Groundnuts Price in Germany (FOB) - 2023
- Groundnuts Imports in Germany
- Groundnuts Exports in Germany
Groundnuts Price in Germany (CIF) - 2023
The average groundnuts import price stood at $1,994 per ton in July 2023, growing by 1.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 19% month-to-month. As a result, import price reached the peak level of $2,417 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($1,962 per ton), while the price for Egypt stood at $1,836 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Egypt (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Groundnuts Price in Germany (FOB) - 2023
In July 2023, the average groundnuts export price amounted to $2,126 per ton, with an increase of 6.8% against the previous month. Over the period under review, the export price showed a pronounced increase. The pace of growth appeared the most rapid in January 2023 an increase of 50% against the previous month. As a result, the export price attained the peak level of $3,696 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Austria ($3,769 per ton), while the average price for exports to Slovakia ($1,985 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Groundnuts Imports in Germany
In 2022, the amount of ground-nut (in-shell) imported into Germany expanded notably to 23K tons, increasing by 10% on the previous year. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, groundnuts imports rose sharply to $45M in 2022. The total import value increased at an average annual rate of +10.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Groundnuts in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.9 | 14.7 | 14.1 | 22.5 | 17.4% |
| Egypt | 13.5 | 13.1 | 20.6 | 17.4 | 8.8% |
| Israel | 5.5 | 5.6 | 6.0 | 5.0 | -3.1% |
| Others | 0.5 | 0.6 | 0.6 | 0.5 | 0.0% |
| Total | 33.4 | 34.0 | 41.3 | 45.4 | 10.8% |
Top Suppliers of Groundnuts to Germany in 2022:
- United States (12.5K tons)
- Egypt (9.4K tons)
- Israel (1.5K tons)
Groundnuts Exports in Germany
In 2022, the amount of ground-nut (in-shell) exported from Germany soared to 1K tons, growing by 87% on the previous year's figure. Over the period under review, exports continue to indicate a perceptible increase. The growth pace was the most rapid in 2020 when exports increased by 122% against the previous year. As a result, the exports reached the peak of 2K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, groundnuts exports soared to $2M in 2022. Overall, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2020 with an increase of 170%. As a result, the exports attained the peak of $4.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Groundnuts in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 240 | 1,345 | 254 | 908 | 55.8% |
| Austria | 747 | 557 | 20.4 | 391 | -19.4% |
| Netherlands | 252 | 384 | 254 | 350 | 11.6% |
| Egypt | N/A | 31.6 | N/A | 189 | 144.6% |
| Italy | 97.5 | 125 | 144 | 45.2 | -22.6% |
| United Kingdom | 0.1 | 0.1 | N/A | 43.9 | 660.0% |
| Switzerland | 120 | 291 | 235 | 8.6 | -58.5% |
| Poland | 52.5 | 158 | 52.6 | 0.2 | -84.4% |
| Greece | N/A | 219 | 58.6 | N/A | -73.2% |
| Others | 112 | 1,270 | 532 | 51.0 | -23.1% |
| Total | 1,621 | 4,381 | 1,551 | 1,987 | 7.0% |
Top Export Markets for Groundnuts from Germany in 2022:
- Slovakia (458.3 tons)
- Netherlands (203.8 tons)
- Austria (147.7 tons)
- Egypt (126.5 tons)
- United Kingdom (26.6 tons)
- Italy (17.3 tons)
- Switzerland (3.5 tons)
- Poland (0.1 tons)
This report provides an in-depth analysis of the groundnuts market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the groundnuts market in Germany.
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This report provides an in-depth analysis of the global groundnuts market.
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This report provides an in-depth analysis of the groundnuts market in Germany.
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This report provides an in-depth analysis of the global groundnuts market.
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The rate of growth that stood out the most was observed in October 2022, with an impressive 81% increase in imports compared to the previous month. However, in terms of value, the imported amount of Groundnuts notably declined to $843K in August 2023.
1430
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 tons, increasing by 2.3% y/y.
1586
Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
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The rate of growth that stood out the most was observed in October 2022, with an impressive 81% increase in imports compared to the previous month. However, in terms of value, the imported amount of Groundnuts notably declined to $843K in August 2023.
1430
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 tons, increasing by 2.3% y/y.
