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

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Peanut Butter Market Size in India

The Indian peanut butter market reached $X in 2020, with an increase of X% against the previous year. Overall, the total consumption indicated a strong 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, consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, the market attained the peak level in 2020 and is likely to see steady growth in the near future.

Peanut Butter Production in India

In value terms, peanut butter production rose notably to $X in 2020 estimated in export prices. In general, the total production indicated a resilient increase 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, production increased by +X% against 2014 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, production attained the peak level in 2020 and is likely to see gradual growth in the near future.

Peanut Butter Exports

Exports from India

In 2020, approx. X tonnes of peanut butter and prepared or preserved groundnuts were exported from India; rising by X% against the previous year. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, peanut butter exports surged to $X in 2020. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tonnes), South Africa (X tonnes) and Iraq (X tonnes) were the main destinations of peanut butter exports from India, with a combined X% share of total exports. Yemen, the U.S., Russia, the United Arab Emirates, Afghanistan, Saudi Arabia, New Zealand, Sudan, Indonesia and Ukraine lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Yemen ($X) and South Africa ($X) constituted the largest markets for peanut butter exported from India worldwide, with a combined X% share of total exports. These countries were followed by the U.S., Iraq, Afghanistan, the United Arab Emirates, Russia, Sudan, Saudi Arabia, New Zealand, Indonesia and Ukraine, which together accounted for a further X Zealand (+X% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average peanut butter export price stood at $X per tonne in 2020, rising by X% against the previous year. In general, export price indicated a tangible 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 2017 indices. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Afghanistan ($X per tonne), while the average price for exports to Russia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sudan, while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into India

Peanut butter imports into India shrank rapidly to X tonnes in 2020, reducing by -X% compared with 2019 figures. In general, imports saw a deep reduction. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, peanut butter imports reduced markedly to $X in 2020. Overall, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2015 to 2020, the growth imports remained at a lower figure.

Imports by Country

Thailand (X tonnes), the U.S. (X tonnes) and Australia (X tonnes) were the main suppliers of peanut butter imports to India, together accounting for X% of total imports.

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

In value terms, Thailand ($X), the U.S. ($X) and Australia ($X) appeared to be the largest peanut butter suppliers to India, together comprising X% of total imports.

In terms of the main suppliers, Australia recorded the highest rates of growth with regard to 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

In 2020, the average peanut butter import price amounted to $X per tonne, which is down 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 average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Romania ($X per tonne), while the price for Malaysia ($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 U.S., while the prices for the other major suppliers 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 world?
+
China (974K tonnes) remains the largest peanut butter consuming country worldwide, comprising approx. 19% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (389K tonnes), threefold. The third position in this ranking was occupied by India (350K tonnes), with a 6.8% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
+
China (1.2M tonnes) remains the largest peanut butter producing country worldwide, comprising approx. 24% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, the U.S. (418K tonnes), threefold. India (397K tonnes) ranked third in terms of total production with a 7.6% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to India?
+
In value terms, the largest peanut butter suppliers to India were Thailand ($731K), the U.S. ($417K) and Australia ($94K), together comprising 89% of total imports.
What are the leading importers of peanut butter and prepared or preserved groundnuts from India?
+
In value terms, the largest markets for peanut butter exported from India were the Netherlands ($9.3M), Yemen ($7.7M) and South Africa ($7.5M), together accounting for 29% of total exports. These countries were followed by the U.S., Iraq, Afghanistan, the United Arab Emirates, Russia, Sudan, Saudi Arabia, New Zealand, Indonesia and Ukraine, which together accounted for a further 38%.
What is the average export price for peanut butter and prepared or preserved groundnuts in India?
+
In 2020, the average peanut butter export price amounted to $1,760 per tonne, increasing by 3.4% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in India?
+
In 2020, the average peanut butter import price amounted to $2,855 per tonne, falling by -9.2% 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 India. 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:
• India

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

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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