India - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPeanut Butter Price in India - 2023
Contents:
- Peanut Butter Price in India (FOB) - 2023
- Peanut Butter Price in India (CIF) - 2023
- Peanut Butter Exports in India
- Peanut Butter Imports in India
Peanut Butter Price in India (FOB) - 2023
The average peanut butter export price stood at $2,062 per ton in July 2023, with an increase of 1.6% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 13% m-o-m. As a result, the export price attained the peak level of $2,338 per ton. From September 2022 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Afghanistan ($3,247 per ton), while the average price for exports to Turkey ($1,653 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 Turkey (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Peanut Butter Price in India (CIF) - 2023
In July 2023, the average peanut butter import price amounted to $2,337 per ton, rising by 16% against the previous month. Over the period under review, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 23% month-to-month. The import price peaked at $2,963 per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($3,308 per ton), while the price for Brazil ($1,821 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Peanut Butter Exports in India
Peanut butter exports from India rose notably to 41K tons in 2022, with an increase of 14% compared with 2021 figures. The total export volume increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. As a result, the exports reached the peak of 48K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, peanut butter exports surged to $84M in 2022. The total export value increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. As a result, the exports attained the peak of $85M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Peanut Butter in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 3.7 | 4.3 | 1.9 | 10.1 | 39.8% |
| United Arab Emirates | 3.5 | 3.9 | 6.4 | 7.5 | 28.9% |
| Kenya | 0.9 | 2.0 | 2.0 | 6.8 | 96.2% |
| South Africa | 7.1 | 7.6 | 5.3 | 6.0 | -5.5% |
| Netherlands | 7.0 | 9.4 | 2.7 | 5.0 | -10.6% |
| United States | 1.5 | 5.4 | 2.0 | 4.7 | 46.3% |
| Saudi Arabia | 2.0 | 2.3 | 2.6 | 4.4 | 30.1% |
| Iraq | 2.3 | 4.9 | 3.7 | 3.6 | 16.1% |
| Somalia | 0.6 | 0.1 | 0.1 | 3.4 | 78.3% |
| Ethiopia | N/A | N/A | N/A | 3.2 | 0% |
| New Zealand | 0.9 | 2.2 | 2.0 | 2.7 | 44.2% |
| Russia | 4.3 | 3.6 | 2.3 | 2.4 | -17.7% |
| Taiwan (Chinese) | 1.5 | 1.3 | 2.5 | 2.1 | 11.9% |
| Others | 23.6 | 37.6 | 37.6 | 21.9 | -2.5% |
| Total | 58.8 | 84.7 | 71.0 | 83.8 | 12.5% |
Top Export Markets for Peanut Butter from India in 2022:
- United Arab Emirates (4.5K tons)
- Afghanistan (3.7K tons)
- South Africa (3.2K tons)
- Kenya (2.6K tons)
- Netherlands (2.5K tons)
- Saudi Arabia (2.4K tons)
- United States (2.4K tons)
- Iraq (2.4K tons)
- Taiwan (Chinese) (1.4K tons)
- New Zealand (1.4K tons)
- Russia (1.4K tons)
- Somalia (1.2K tons)
- Ethiopia (1.0K tons)
Peanut Butter Imports in India
In 2022, imports of peanut butter and prepared or preserved groundnuts into India rose significantly to 932 tons, surging by 14% compared with the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 70%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, peanut butter imports soared to $2.4M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Peanut Butter in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 182 | 702 | 718 | 1,130 | 83.8% |
| Brazil | 6.8 | 6.4 | 159 | 1,002 | 428.2% |
| Taiwan (Chinese) | 96.5 | 18.9 | 7.8 | 93.2 | -1.2% |
| South Africa | 499 | 0.1 | 16.5 | 77.2 | -46.3% |
| Mauritius | N/A | N/A | N/A | 29.9 | 0% |
| United States | 506 | 401 | 892 | N/A | 32.8% |
| Others | 79.7 | 263 | 275 | 90.6 | 4.4% |
| Total | 1,370 | 1,391 | 2,069 | 2,424 | 20.9% |
Top Suppliers of Peanut Butter to India in 2022:
- Brazil (490.0 tons)
- Thailand (305.2 tons)
- Taiwan (Chinese) (52.0 tons)
- South Africa (32.6 tons)
- Mauritius (16.5 tons)
This report provides an in-depth analysis of the peanut butter market in India. 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:
- Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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
962
This report provides an in-depth analysis of the peanut butter market in India.
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This report provides an in-depth analysis of the canned pineapple market in India.
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This report provides an in-depth analysis of the global peanut butter market.
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This report provides an in-depth analysis of the global market for nuts (prepared or preserved).
4206
This report provides an in-depth analysis of the global canned pineapple market.
962
This report provides an in-depth analysis of the peanut butter market in India.
560
This report provides an in-depth analysis of the market for nuts (prepared or preserved) in India.
702
This report provides an in-depth analysis of the canned pineapple market in India.
2982
This report provides an in-depth analysis of the global peanut butter market.
644
In November 2022, the peanut butter price amounted to $2,066 per ton (FOB, India), growing by 11% against the previous month.
303
In March 2023, the price of Canned Pineapple was $1,195 per ton (CIF, India), experiencing a decrease of -12.2% compared to the previous month.
8782
In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1997
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
1161
Thailand dominates in the global trade of prepared or preserved pineapples. In 2014, Thailand exported X thousand tons of prepared or preserved pineapples totaling X million USD, which was X million USD less than the year before. Its primary trad
644
In November 2022, the peanut butter price amounted to $2,066 per ton (FOB, India), growing by 11% against the previous month.
303
In March 2023, the price of Canned Pineapple was $1,195 per ton (CIF, India), experiencing a decrease of -12.2% compared to the previous month.
8782
In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1997
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
1161
Thailand dominates in the global trade of prepared or preserved pineapples. In 2014, Thailand exported X thousand tons of prepared or preserved pineapples totaling X million USD, which was X million USD less than the year before. Its primary trad
