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

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Peanut Butter Market Size in Asia

In 2020, the Asian peanut butter market increased by X% to $X, rising for the fifth year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. The level of consumption peaked in 2020 and is expected to retain growth in the near future.

Peanut Butter Production in Asia

In value terms, peanut butter production totaled $X in 2020 estimated in export prices. The total production indicated a noticeable 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, production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008 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 years to come.

Production By Country in Asia

China (X tonnes) remains the largest peanut butter producing country in Asia, accounting for X% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), threefold. Japan (X tonnes) ranked third in terms of total production with a X% share.

In China, peanut butter production increased at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Japan (+X% per year).

Peanut Butter Exports

Exports in Asia

In 2020, overseas shipments of peanut butter and prepared or preserved groundnuts decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, peanut butter exports reached $X in 2020. Total exports indicated a measured increase from 2007 to 2020: its value decreased 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, exports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, China (X tonnes) represented the main exporter of peanut butter and prepared or preserved groundnuts, committing X% of total exports. It was distantly followed by India (X tonnes), committing a X% share of total exports. Thailand (X tonnes) occupied a minor share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2020. At the same time, India (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. India (+X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest peanut butter supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports.

In China, peanut butter exports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: India (+X% per year) and Thailand (+X% per year).

Export Prices by Country

The peanut butter export price in Asia stood at $X per tonne in 2020, growing by X% against the previous year. Export price indicated a perceptible 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 most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per tonne), while India ($X per tonne) was amongst the lowest.

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

Peanut Butter Imports

Imports in Asia

In 2020, overseas purchases of peanut butter and prepared or preserved groundnuts decreased by -X% to X tonnes, falling for the third consecutive year after five years of growth. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, peanut butter imports shrank to $X in 2020. Total imports indicated a resilient 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 decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Japan (X tonnes), distantly followed by South Korea (X tonnes), Saudi Arabia (X tonnes), the United Arab Emirates (X tonnes) and Iraq (X tonnes) were the largest importers of peanut butter and prepared or preserved groundnuts, together achieving X% of total imports. Malaysia (X tonnes), Israel (X tonnes), the Philippines (X tonnes), Hong Kong SAR (X tonnes), Singapore (X tonnes), Thailand (X tonnes), Iran (X tonnes) and Kazakhstan (X tonnes) followed a long way behind the leaders.

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

In value terms, Japan ($X) constitutes the largest market for imported peanut butter and prepared or preserved groundnuts in Asia, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

In Japan, peanut butter imports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Saudi Arabia (+X% per year).

Import Prices by Country

In 2020, the peanut butter import price in Asia amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the import price increased by X% against the previous year. The level of import peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, 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 Asia?
+
China (974K tonnes) remains the largest peanut butter consuming country in Asia, accounting for 38% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, India (350K tonnes), threefold. Japan (207K tonnes) ranked third in terms of total consumption with a 8.1% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in Asia?
+
China (1.2M tonnes) constituted the country with the largest volume of peanut butter production, accounting for 45% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, India (397K tonnes), threefold. Japan (154K tonnes) ranked third in terms of total production with a 5.7% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts in Asia?
+
In value terms, China ($568M) remains the largest peanut butter supplier in Asia, comprising 74% of total exports. The second position in the ranking was occupied by India ($85M), with a 11% share of total exports.
What are the leading importers of peanut butter and prepared or preserved groundnuts in Asia?
+
In value terms, Japan ($133M) constitutes the largest market for imported peanut butter and prepared or preserved groundnuts in Asia, comprising 27% of total imports. The second position in the ranking was occupied by South Korea ($65M), with a 13% share of total imports. It was followed by Saudi Arabia, with a 9.4% share.
What is the average export price for peanut butter and prepared or preserved groundnuts in Asia?
+
In 2020, the peanut butter export price in Asia amounted to $2,182 per tonne, rising by 9.3% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Asia?
+
The peanut butter import price in Asia stood at $2,517 per tonne in 2020, surging by 12% 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 Asia. 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:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

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

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
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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