Report CIS - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Feb 2, 2023

CIS - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Peanut Butter Market 2023

Peanut Butter Market Size in CIS

The CIS peanut butter market reached $X in 2021, picking up by 2.5% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Peanut Butter Production in CIS

In value terms, peanut butter production amounted to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 32%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Peanut Butter Exports

Exports in CIS

Peanut butter exports surged to X tons in 2021, jumping by 30% on the previous year. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 211% against the previous year. The volume of export peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, peanut butter exports soared to $X in 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 114% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Russia was the key exporting country with an export of about X tons, which reached 83% of total exports. It was distantly followed by Uzbekistan (X tons), comprising a 13% share of total exports.

Russia was also the fastest-growing in terms of the peanut butter and prepared or preserved groundnuts exports, with a CAGR of +33.7% from 2012 to 2021. Uzbekistan (-31.9%) illustrated a downward trend over the same period. While the share of Uzbekistan (+13 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-1.7 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest peanut butter supplier in the CIS, comprising 86% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with an 8.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia totaled +25.8%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, increasing by 3.5% against the previous year. Over the period under review, the export price, however, saw a deep setback. The pace of growth was the most pronounced in 2019 when the export price increased by 13%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per ton), while Uzbekistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+10.2%).

Peanut Butter Imports

Imports in CIS

In 2021, approx. X tons of peanut butter and prepared or preserved groundnuts were imported in the CIS; rising by 17% on the previous year. Over the period under review, imports recorded strong growth. The growth pace was the most rapid in 2017 with an increase of 70%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, peanut butter imports surged to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +8.3% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by 56% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

In 2021, Kazakhstan (X tons) and Russia (X tons) were the key importers of peanut butter and prepared or preserved groundnuts in the CIS, together constituting 68% of total imports. It was distantly followed by Belarus (X tons) and Azerbaijan (X tons), together making up a 24% share of total imports. The following importers - Moldova (X tons) and Kyrgyzstan (X tons) - together made up 6.5% of total imports.

From 2012 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +19.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Kazakhstan ($X) and Belarus ($X) were the countries with the highest levels of imports in 2021, together accounting for 85% of total imports. Azerbaijan, Moldova and Kyrgyzstan lagged somewhat behind, together comprising a further 13%.

In terms of the main importing countries, Azerbaijan, with a CAGR of +22.9%, saw the highest growth rate of 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 import price in the CIS stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 8.9%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Azerbaijan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+16.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in the CIS?
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The country with the largest volume of peanut butter consumption was Russia, comprising approx. 54% of total volume. Moreover, peanut butter consumption in Russia exceeded the figures recorded by the second-largest consumer, Kazakhstan, fourfold. The third position in this ranking was held by Uzbekistan, with a 9.5% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the CIS?
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Russia constituted the country with the largest volume of peanut butter production, accounting for 58% of total volume. Moreover, peanut butter production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, fivefold. Uzbekistan ranked third in terms of total production with an 11% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts in the CIS?
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In value terms, Russia remains the largest peanut butter supplier in the CIS, comprising 86% of total exports. The second position in the ranking was taken by Uzbekistan, with an 8.5% share of total exports.
What are the leading importers of peanut butter and prepared or preserved groundnuts in the CIS?
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In value terms, the largest peanut butter importing markets in the CIS were Russia, Kazakhstan and Belarus, together comprising 85% of total imports. These countries were followed by Azerbaijan, Moldova and Kyrgyzstan, which together accounted for a further 13%.
What is the average export price for peanut butter and prepared or preserved groundnuts in the CIS?
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In 2021, the export price in the CIS amounted to $2,081 per ton, with an increase of 3.5% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in the CIS?
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In 2021, the import price in the CIS amounted to $2,101 per ton, stabilizing at the previous year.

This report provides an in-depth analysis of the peanut butter market in CIS. 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:
• Armenia
• Kyrgyzstan
• Moldova
• Tajikistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in CIS, split by region and country
• Trade (exports and imports) in CIS
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
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 2012–2022
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

• Armenia
• Azerbaijan
• Belarus
• Kazakhstan
• Kyrgyzstan
• Moldova
• Russia
• Tajikistan
• Uzbekistan
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
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, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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