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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

In 2019, the African peanut butter market decreased by -X% to $X for the first time since 2009, thus ending a nine-year rising trend. The total consumption indicated a tangible expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2008 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Peanut Butter Production in Africa

In value terms, peanut butter production declined to $X in 2019 estimated in export prices. The total production indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2009 indices. The growth pace was the most rapid in 2018 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X, and then reduced in the following year.

Production By Country in Africa

The countries with the highest volumes of peanut butter production in 2019 were Nigeria (X tonnes), Ethiopia (X tonnes) and Democratic Republic of the Congo (X tonnes), together comprising X% of total production. Egypt, South Africa, Tanzania, Algeria, Sudan, Morocco, Kenya, Uganda, Angola and Ghana lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of peanut butter production, amongst the key producing countries, was attained by Algeria, while peanut butter production for the other leaders experienced more modest paces of growth.

Peanut Butter Exports

Exports in Africa

In 2019, exports of peanut butter and prepared or preserved groundnuts in Africa amounted to X tonnes, increasing by X% on the previous year. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, peanut butter exports reached $X in 2019. In general, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

South Africa represented the major exporting country with an export of about X tonnes, which recorded X% of total exports. It was distantly followed by Tanzania (X tonnes), making up a X% share of total exports. Sudan (X tonnes), Egypt (X tonnes), Ghana (X tonnes), Zimbabwe (X tonnes) and Nigeria (X tonnes) held a minor share of total exports.

Exports from South Africa increased at an average annual rate of +X% from 2007 to 2019. At the same time, Nigeria (+X%), Sudan (+X%) and Zimbabwe (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2007-2019. By contrast, Egypt (-X%), Tanzania (-X%) and Ghana (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of South Africa, Sudan, Zimbabwe and Nigeria increased by +X%, +X%, +X% and +X% percentage points, while Egypt (-X p.p.), Ghana (-X p.p.) and Tanzania (-X p.p.) saw their share reduced.

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

In South Africa, peanut butter exports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (-X% per year) and Ghana (-X% per year).

Export Prices by Country

In 2019, the peanut butter export price in Africa amounted to $X per tonne, remaining stable against the previous year. Export price indicated resilient growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, peanut butter export price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2009 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Ghana ($X per tonne), while Tanzania ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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 2019, supplies from abroad of peanut butter and prepared or preserved groundnuts increased by X% to X tonnes, rising for the third consecutive year after three years of decline. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, peanut butter imports totaled $X in 2019. Total imports indicated tangible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

South Africa represented the major importer of peanut butter and prepared or preserved groundnuts in Africa, with the volume of imports accounting for X tonnes, which was approx. X% of total imports in 2019. Kenya (X tonnes) ranks second in terms of the total imports with a X% share, followed by Algeria (X%), Botswana (X%) and Libya (X%). Madagascar (X tonnes), Namibia (X tonnes), Swaziland (X tonnes), Tunisia (X tonnes), Nigeria (X tonnes), Lesotho (X tonnes), Mozambique (X tonnes) and Mauritius (X tonnes) took a minor share of total imports.

From 2007 to 2019, the biggest increases were in Madagascar, while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Kenya ($X) and Algeria ($X) were the countries with the highest levels of imports in 2019, together comprising X% of total imports. Botswana, Namibia, Libya, Madagascar, Mauritius, Swaziland, Lesotho, Tunisia, Nigeria and Mozambique lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of imports, among the main importing countries 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 2019, rising by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the import price increased by X% y-o-y. Over the period under review, import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI 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 2019 were Nigeria (92K tonnes), Ethiopia (62K tonnes) and Democratic Republic of the Congo (60K tonnes), together accounting for 27% of total consumption. Egypt, South Africa, Algeria, Tanzania, Kenya, Sudan, Morocco, Uganda, Angola and Mozambique lagged somewhat behind, together comprising a further 37%.
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 2019 were Nigeria (92K tonnes), Ethiopia (62K tonnes) and Democratic Republic of the Congo (60K tonnes), together comprising 27% of total production. Egypt, South Africa, Tanzania, Algeria, Sudan, Morocco, Kenya, Uganda, Angola and Ghana lagged somewhat behind, together comprising a further 37%.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts in Africa?
+
In value terms, South Africa ($15M) remains the largest peanut butter supplier in Africa, comprising 77% of total exports. The second position in the ranking was occupied by Egypt ($1.1M), with a 5.4% share of total exports. It was followed by Ghana, with a 4.1% share.
What are the leading importers of peanut butter and prepared or preserved groundnuts in Africa?
+
In value terms, the largest peanut butter importing markets in Africa were South Africa ($17M), Kenya ($9.1M) and Algeria ($5.4M), with a combined 53% share of total imports. These countries were followed by Botswana, Namibia, Libya, Madagascar, Mauritius, Swaziland, Lesotho, Tunisia, Nigeria and Mozambique, which together accounted for a further 35%.
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 $1,752 per tonne in 2019, leveling off at the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Africa?
+
In 2019, the peanut butter import price in Africa amounted to $1,904 per tonne, with an increase of 2.8% 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
• Réunion
• 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
• Réunion
• 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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