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Africa - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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Africa: Peanut Butter Market Overview 2021

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Peanut Butter Market Size in Africa

The African peanut butter market rose to $X in 2020, surging by X% against the previous year. The total consumption indicated a noticeable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. The level of consumption peaked in 2020 and is likely to see steady growth in the near future.

Peanut Butter Production in Africa

In value terms, peanut butter production rose modestly to $X in 2020 estimated in export prices. The total production indicated a perceptible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2009 indices. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked in 2020 and is expected to retain growth in the immediate term.

Production By Country in Africa

The countries with the highest volumes of peanut butter production in 2020 were Nigeria (X tonnes), Democratic Republic of the Congo (X tonnes) and Ethiopia (X tonnes), with a combined X% share of total production. Egypt, Tanzania, South Africa, Algeria, Sudan, Morocco, Uganda, Angola, Kenya and Ghana lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Algeria, while peanut butter production for the other leaders experienced more modest paces of growth.

Peanut Butter Exports

Exports in Africa

In 2020, shipments abroad of peanut butter and prepared or preserved groundnuts increased by X% to X tonnes, rising for the fourth consecutive year after three years of decline. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. The volume of export peaked in 2020 and is expected to retain growth in the near future.

In value terms, peanut butter exports soared to $X in 2020. Over the period under review, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked in 2020 and is likely to see gradual growth in the near future.

Exports by Country

South Africa (X tonnes) and Tanzania (X tonnes) dominates peanut butter exports structure, together constituting X% of total exports. Kenya (X tonnes), Ghana (X tonnes) and Sudan (X tonnes) occupied a relatively small share of total exports.

From 2007 to 2020, the biggest increases were in Kenya, while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest peanut butter supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by Tanzania ($X), with a X% share of total exports. It was followed by Kenya, with a X% share.

In South Africa, peanut butter exports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Tanzania (+X% per year) and Kenya (+X% per year).

Export Prices by Country

The peanut butter export price in Africa stood at $X per tonne in 2020, picking up by X% against the previous year. Export price indicated a pronounced expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, peanut butter export price increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was South Africa ($X per tonne), while Tanzania ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ghana, while the other leaders experienced more modest paces of growth.

Peanut Butter Imports

Imports in Africa

In 2020, supplies from abroad of peanut butter and prepared or preserved groundnuts increased by X% to X tonnes, rising for the fifth year in a row after two years of decline. Total imports indicated moderate growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, peanut butter imports skyrocketed to $X in 2020. Total imports indicated a buoyant expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Imports by Country

In 2020, South Africa (X tonnes) and Kenya (X tonnes) represented the major importers of peanut butter and prepared or preserved groundnuts in Africa, together mixing up X% of total imports. It was distantly followed by Algeria (X tonnes) and Botswana (X tonnes), together mixing up a X% share of total imports. Namibia (X tonnes), Swaziland (X tonnes), Libya (X tonnes), Madagascar (X tonnes), Lesotho (X tonnes), Tunisia (X tonnes), Chad (X tonnes), Guinea-Bissau (X tonnes) and Equatorial Guinea (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Chad (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest peanut butter importing markets in Africa were South Africa ($X), Kenya ($X) and Algeria ($X), with a combined X% share of total imports. Botswana, Namibia, Equatorial Guinea, Guinea-Bissau, Chad, Libya, Swaziland, Madagascar, Lesotho and Tunisia lagged somewhat behind, together comprising a further X the main importing countries, Chad (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The peanut butter import price in Africa stood at $X per tonne in 2020, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. The level of import peaked in 2020 and is likely to see gradual growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Equatorial Guinea ($X per tonne), while Swaziland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Guinea-Bissau, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in Africa?
+
The countries with the highest volumes of peanut butter consumption in 2020 were Nigeria (92K tonnes), Democratic Republic of the Congo (71K tonnes) and Ethiopia (60K tonnes), together accounting for 27% of total consumption.
What are the largest producers of peanut butter and prepared or preserved groundnuts in Africa?
+
The countries with the highest volumes of peanut butter production in 2020 were Nigeria (91K tonnes), Democratic Republic of the Congo (71K tonnes) and Ethiopia (60K tonnes), together accounting for 27% of total production. Egypt, Tanzania, South Africa, Algeria, Sudan, Morocco, Uganda, Angola, Kenya and Ghana lagged somewhat behind, together accounting for a further 37%.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts in Africa?
+
In value terms, South Africa ($19M) remains the largest peanut butter supplier in Africa, comprising 71% of total exports. The second position in the ranking was occupied by Tanzania ($4.4M), with a 17% share of total exports. It was followed by Kenya, with a 3% share.
What are the leading importers of peanut butter and prepared or preserved groundnuts in Africa?
+
In value terms, South Africa ($19M), Kenya ($13M) and Algeria ($7M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 47% of total imports. Botswana, Namibia, Equatorial Guinea, Guinea-Bissau, Chad, Libya, Swaziland, Madagascar, Lesotho and Tunisia lagged somewhat behind, together comprising a further 28%.
What is the average export price for peanut butter and prepared or preserved groundnuts in Africa?
+
The peanut butter export price in Africa stood at $1,569 per tonne in 2020, with an increase of 13% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Africa?
+
The peanut butter import price in Africa stood at $2,100 per tonne in 2020, increasing by 9.1% against the previous year.

Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

This report provides an in-depth analysis of the peanut butter market in Africa. 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 2025.


Country coverage:
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Cote d'Ivoire
• Democratic Republic of the Congo
• Djibouti
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Guinea
• Guinea-Bissau
• Lesotho
• Liberia
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Mozambique
• Namibia
• Niger
• Reunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Western Sahara
• Zambia
• Zimbabwe

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in Africa
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Reunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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