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

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Peanut Butter Market Size in Ireland

In 2019, the Irish peanut butter market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Peanut butter consumption peaked at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Peanut Butter Exports

Exports from Ireland

In 2019, approx. X tonnes of peanut butter and prepared or preserved groundnuts were exported from Ireland; increasing by X% on the previous year. In general, exports showed prominent growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum in 2019 and are likely to see steady growth in the near future.

In value terms, peanut butter exports skyrocketed to $X in 2019. Overall, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Exports peaked in 2019 and are expected to retain growth in the immediate term.

Exports by Country

The UK (X tonnes) was the main destination for peanut butter exports from Ireland, with a X% share of total exports. It was followed by South Korea (X tonnes), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the UK stood at +X%.

In value terms, the UK ($X) remains the key foreign market for peanut butter exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the UK totaled +X%.

Export Prices by Country

In 2019, the average peanut butter export price amounted to $X per tonne, surging by X% against the previous year. In general, export price indicated mild growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, peanut butter export price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2019, the country with the highest price was South Korea ($X per tonne), while the average price for exports to the UK stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the UK.

Peanut Butter Imports

Imports into Ireland

In 2019, the amount of peanut butter and prepared or preserved groundnuts imported into Ireland amounted to X tonnes, surging by X% compared with 2018 figures. Overall, total imports indicated a temperate increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, peanut butter imports contracted to $X in 2019. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, the UK (X tonnes) constituted the largest peanut butter supplier to Ireland, accounting for a X% share of total imports. Moreover, peanut butter imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), more than tenfold. The Netherlands (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the Netherlands (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of peanut butter to Ireland, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual growth rate of value from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2019, the average peanut butter import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price saw a noticeable descent. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2008; however, from 2009 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Germany ($X per tonne) and the UK ($X per tonne), while the price for Argentina ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Argentina, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in the world?
+
The country with the largest volume of peanut butter consumption was China (859K tonnes), comprising approx. 17% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (374K tonnes), twofold. The third position in this ranking was occupied by India (332K tonnes), with a 6.5% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
+
China (1.2M tonnes) constituted the country with the largest volume of peanut butter production, accounting for 23% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, the U.S. (408K tonnes), threefold. India (352K tonnes) ranked third in terms of total production with a 6.7% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to Ireland?
+
In value terms, the UK ($15M) constituted the largest supplier of peanut butter to Ireland, comprising 83% of total imports. The second position in the ranking was occupied by Germany ($1.1M), with a 6.3% share of total imports. It was followed by the Netherlands, with a 4.7% share.
What are the leading importers of peanut butter and prepared or preserved groundnuts from Ireland?
+
In value terms, the UK ($524K) remains the key foreign market for peanut butter exports from Ireland, comprising 94% of total exports. The second position in the ranking was occupied by South Korea ($13K), with a 2.4% share of total exports.
What is the average export price for peanut butter and prepared or preserved groundnuts in Ireland?
+
The average peanut butter export price stood at $4,040 per tonne in 2019, rising by 10% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Ireland?
+
In 2019, the average peanut butter import price amounted to $3,184 per tonne, reducing by -12.1% 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 Ireland. 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:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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 2025
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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