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

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

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France: Peanut Butter Market 2023

Peanut Butter Market Size in France

In 2021, the French peanut butter market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Peanut Butter Production in France

In value terms, peanut butter production reached $X in 2021 estimated in export price. In general, production continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 63% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Peanut Butter Exports

Exports from France

In 2021, overseas shipments of peanut butter and prepared or preserved groundnuts decreased by -5.3% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of 93%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, peanut butter exports reduced to $X in 2021. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 108% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for peanut butter exports from France, with a 45% share of total exports. Moreover, peanut butter exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), threefold. The UK (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+17.1% per year) and the UK (+68.6% per year).

In value terms, Germany ($X) emerged as the key foreign market for peanut butter and prepared or preserved groundnuts exports from France, comprising 36% of total exports. The second position in the ranking was held by Belgium ($X), with a 17% share of total exports. It was followed by the UK, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+17.4% per year) and the UK (+64.1% per year).

Export Prices by Country

The average peanut butter export price stood at $X per ton in 2021, reducing by -5.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 57% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into France

In 2021, imports of peanut butter and prepared or preserved groundnuts into France skyrocketed to X tons, growing by 16% compared with 2020 figures. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +55.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 17%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, peanut butter imports rose markedly to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 22%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of peanut butter to France, with a 65% share of total imports. Moreover, peanut butter imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The third position in this ranking was held by Argentina (X tons), with a 6% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+26.9% per year) and Argentina (-12.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of peanut butter and prepared or preserved groundnuts to France, comprising 63% of total imports. The second position in the ranking was held by Belgium ($X), with a 14% share of total imports. It was followed by Germany, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+19.6% per year) and Germany (+19.5% per year).

Import Prices by Country

The average peanut butter import price stood at $X per ton in 2021, waning by -6.2% against the previous year. Overall, the import price saw a noticeable downturn. The growth pace was the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.5%), while the prices for the other major suppliers experienced a decline.

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 world?
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China constituted the country with the largest volume of peanut butter consumption, accounting for 16% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was taken by Japan, with a 4.6% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
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China constituted the country with the largest volume of peanut butter production, comprising approx. 22% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was taken by the United States, with a 4.6% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to France?
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In value terms, the Netherlands constituted the largest supplier of peanut butter and prepared or preserved groundnuts to France, comprising 63% of total imports. The second position in the ranking was held by Belgium, with a 14% share of total imports. It was followed by Germany, with an 8.7% share.
What are the leading importers of peanut butter and prepared or preserved groundnuts from France?
+
In value terms, Germany emerged as the key foreign market for peanut butter and prepared or preserved groundnuts exports from France, comprising 36% of total exports. The second position in the ranking was taken by Belgium, with a 17% share of total exports. It was followed by the UK, with a 13% share.
What is the average export price for peanut butter and prepared or preserved groundnuts in France?
+
The average peanut butter export price stood at $3,380 per ton in 2021, declining by -5.5% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in France?
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The average peanut butter import price stood at $2,077 per ton in 2021, dropping by -6.2% against the previous year.

This report provides an in-depth analysis of the peanut butter market in France. 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:
• France

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in France
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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