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

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Peanut Butter Market Size in the EU

In 2020, the EU peanut butter market decreased by -X% to $X, falling for the third year in a row after two years of growth. In general, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Peanut Butter Production in the EU

In value terms, peanut butter production shrank to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019, and then dropped in the following year.

Production By Country in the EU

The countries with the highest volumes of peanut butter production in 2020 were Germany (X tonnes), the Netherlands (X tonnes) and Poland (X tonnes), together accounting for X% of total production.

From 2007 to 2020, the biggest increases were in Poland, while peanut butter production for the other leaders experienced more modest paces of growth.

Peanut Butter Exports

Exports in the EU

In 2020, the amount of peanut butter and prepared or preserved groundnuts exported in the European Union rose significantly to X tonnes, picking up by X% against the previous year. Total exports indicated measured growth from 2007 to 2020: its volume 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, exports increased by +X% against 2012 indices. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in the immediate term.

In value terms, peanut butter exports amounted to $X in 2020. Total exports indicated a buoyant expansion from 2007 to 2020: its value 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, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. The level of export peaked in 2020 and is likely to see steady growth in the near future.

Exports by Country

The Netherlands was the main exporter of peanut butter and prepared or preserved groundnuts in the European Union, with the volume of exports recording X tonnes, which was near X% of total exports in 2020. Poland (X tonnes) held the second position in the ranking, followed by Germany (X tonnes), Italy (X tonnes) and Belgium (X tonnes). All these countries together occupied near X% share of total exports. The following exporters - France (X tonnes) and Slovakia (X tonnes) - each recorded a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to peanut butter exports from the Netherlands stood at +X%. At the same time, Italy (+X%), Poland (+X%), Belgium (+X%), France (+X%) and Slovakia (+X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2020. By contrast, Germany (-X%) illustrated a downward trend over the same period. While the share of the Netherlands (+X p.p.), Poland (+X p.p.), Italy (+X p.p.) and Belgium (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Germany (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest peanut butter supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

In the Netherlands, peanut butter exports increased at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and Poland (+X% per year).

Export Prices by Country

The peanut butter export price in the European Union stood at $X per tonne in 2020, declining 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 2009 when the export price increased by X% year-to-year. Over the period under review, export prices attained the maximum at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

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

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

Peanut Butter Imports

Imports in the EU

In 2020, supplies from abroad of peanut butter and prepared or preserved groundnuts decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. Overall, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, peanut butter imports declined to $X in 2020. Total imports indicated a mild expansion from 2007 to 2020: its value decreased 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, imports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. The level of import peaked at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of peanut butter and prepared or preserved groundnuts, namely France, Germany and the Netherlands, represented more than half of total import. It was distantly followed by Sweden (X tonnes), mixing up a X% share of total imports. The following importers - Poland (X tonnes), the Czech Republic (X tonnes), Austria (X tonnes), Spain (X tonnes), Belgium (X tonnes), Ireland (X tonnes), Romania (X tonnes), Denmark (X tonnes) and Italy (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Romania, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2020, together accounting for X% of total imports. Sweden, Austria, Poland, Belgium, Ireland, the Czech Republic, Spain, Denmark, Italy and Romania lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of imports, in terms of 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

In 2020, the peanut butter import price in the European Union amounted to $X per tonne, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The level of import peaked in 2020 and is expected to retain growth in the near future.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, 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 the the EU?
+
The countries with the highest volumes of peanut butter consumption in 2020 were Germany (99K tonnes), France (77K tonnes) and Poland (45K tonnes), together comprising 58% of total consumption. These countries were followed by Spain, Italy, Bulgaria, Sweden, Denmark, Belgium, the Czech Republic, Hungary, Romania and Austria, which together accounted for a further 32%.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the the EU?
+
The countries with the highest volumes of peanut butter production in 2020 were Germany (81K tonnes), the Netherlands (77K tonnes) and Poland (64K tonnes), with a combined 63% share of total production.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts in the the EU?
+
In value terms, the Netherlands ($257M) remains the largest peanut butter supplier in the European Union, comprising 47% of total exports. The second position in the ranking was occupied by Germany ($81M), with a 15% share of total exports. It was followed by Poland, with a 14% share.
What are the leading importers of peanut butter and prepared or preserved groundnuts in the the EU?
+
In value terms, France ($132M), Germany ($120M) and the Netherlands ($61M) constituted the countries with the highest levels of imports in 2020, with a combined 50% share of total imports. These countries were followed by Sweden, Austria, Poland, Belgium, Ireland, the Czech Republic, Spain, Denmark, Italy and Romania, which together accounted for a further 37%.
What is the average export price for peanut butter and prepared or preserved groundnuts in the the EU?
+
The peanut butter export price in the European Union stood at $2,623 per tonne in 2020, shrinking by -5.1% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in the the EU?
+
In 2020, the peanut butter import price in the European Union amounted to $2,657 per tonne, with an increase of 18% 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 the EU. 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.



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

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
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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