Ukraine - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Ukraine - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights

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Peanut Butter Price in Ukraine - 2023

Contents:

  1. Peanut Butter Price in Ukraine (CIF) - 2023
  2. Peanut Butter Price in Ukraine (FOB) - 2023
  3. Peanut Butter Imports in Ukraine
  4. Peanut Butter Exports in Ukraine

Peanut Butter Price in Ukraine (CIF) - 2023

The average peanut butter import price stood at $2,604 per ton in August 2023, rising by 5.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 38% m-o-m. As a result, import price reached the peak level of $3,287 per ton. From July 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($5,529 per ton), while the price for Brazil ($2,021 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Peanut Butter Price in Ukraine (FOB) - 2023

In August 2023, the average peanut butter export price amounted to $4,027 per ton, surging by 2.9% against the previous month. Overall, the export price showed a mild expansion. The pace of growth appeared the most rapid in December 2022 an increase of 13% month-to-month. As a result, the export price reached the peak level of $4,418 per ton. From January 2023 to August 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In August 2023, the countries with the highest prices were Armenia ($4,820 per ton) and Moldova ($4,591 per ton), while the average price for exports to Georgia ($3,252 per ton) and Azerbaijan ($4,300 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports in Ukraine

In 2022, purchases abroad of peanut butter and prepared or preserved groundnuts decreased by -18.7% to 1.9K tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 7.4% against the previous year. As a result, imports reached the peak of 2.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, peanut butter imports contracted markedly to $4.4M in 2022. Overall, imports showed a perceptible decrease. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of $5.3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Peanut Butter in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland9668849559790.4%
Argentina18516517076660.6%
Brazil865626802543-14.4%
China1,1341,453767462-25.9%
Bulgaria8821,162978414-22.3%
Turkey3353025153461.1%
Uzbekistan92.714233821833.0%
Others23558562862338.4%
Total4,6955,3205,1544,351-2.5%

Top Suppliers of Peanut Butter to Ukraine in 2022:

  1. Argentina (370.2 tons)
  2. Brazil (300.7 tons)
  3. Poland (274.1 tons)
  4. China (266.0 tons)
  5. Uzbekistan (255.5 tons)
  6. Bulgaria (200.2 tons)
  7. Turkey (111.3 tons)

Peanut Butter Exports in Ukraine

In 2022, after three years of growth, there was significant decline in overseas shipments of peanut butter and prepared or preserved groundnuts, when their volume decreased by -44.8% to 405 tons. Over the period under review, exports showed a mild contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year. As a result, the exports attained the peak of 734 tons, and then declined remarkably in the following year.

In value terms, peanut butter exports declined markedly to $1.5M in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 53%. As a result, the exports attained the peak of $2.4M, and then shrank remarkably in the following year.

Export of Peanut Butter in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia80.715133960695.8%
Moldova4464265565436.8%
Belarus7738731,300205-35.8%
Azerbaijan36.445.369.682.831.5%
Others18388.615639.5-40.0%
Total1,5191,5842,4211,476-1.0%

Top Export Markets for Peanut Butter from Ukraine in 2022:

  1. Georgia (189.1 tons)
  2. Moldova (120.5 tons)
  3. Belarus (64.5 tons)
  4. Azerbaijan (22.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the peanut butter market in Ukraine. 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:

  • Ukraine

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ukraine
  • 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 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. 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. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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