Latest Report Update: Apr 12, 2021

South-Eastern Asia - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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South-Eastern Asia: Peanut Butter Market Overview 2021

Peanut Butter Market Size in South-Eastern Asia

For the thirteenth year in a row, the Southeast Asian peanut butter market recorded growth in sales value, which increased by X% to $X in 2019. The total consumption indicated a prominent increase from 2007 to 2019: its value 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, consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs in 2019 and is likely to see gradual growth in the near future.

Peanut Butter Production in South-Eastern Asia

In value terms, peanut butter production rose to $X in 2019 estimated in export prices. The total production indicated a strong expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. The level of production peaked in 2019 and is expected to retain growth in years to come.

Production By Country in South-Eastern Asia

Indonesia (X tonnes) constituted the country with the largest volume of peanut butter production, accounting for X% of total volume. Moreover, peanut butter production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand (X tonnes), threefold. The Philippines (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Indonesia totaled +X%. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and the Philippines (+X% per year).

Peanut Butter Exports

Exports in South-Eastern Asia

After two years of decline, shipments abroad of peanut butter and prepared or preserved groundnuts increased by X% to X tonnes in 2019. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, exports hit record highs at X tonnes in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, peanut butter exports surged to $X in 2019. Total exports indicated a temperate expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2019, Thailand (X tonnes) and Viet Nam (X tonnes) represented the main exporters of peanut butter and prepared or preserved groundnuts in South-Eastern Asia, together accounting for approx. X% of total exports. Indonesia (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Malaysia (X%) and Singapore (X%). The Philippines (X tonnes) took a relatively small share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Singapore, while exports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest peanut butter supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

In Thailand, peanut butter exports increased at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Viet Nam (+X% per year) and Indonesia (+X% per year).

Export Prices by Country

In 2019, the peanut butter export price in South-Eastern Asia amounted to $X per tonne, rising by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. The level of export peaked in 2019 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Thailand ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced more modest paces of growth.

Peanut Butter Imports

Imports in South-Eastern Asia

In 2019, after four years of growth, there was decline in supplies from abroad of peanut butter and prepared or preserved groundnuts, when their volume decreased by -X% to X tonnes. Overall, imports, however, saw a notable increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tonnes in 2018, and then contracted modestly in the following year.

In value terms, peanut butter imports reached $X in 2019. In general, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. The level of import peaked in 2019 and is expected to retain growth in the immediate term.

Imports by Country

Malaysia (X tonnes) and Thailand (X tonnes) represented the key importers of peanut butter and prepared or preserved groundnuts in 2019, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by the Philippines (X tonnes), Singapore (X tonnes) and Indonesia (X tonnes), together achieving a X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest peanut butter importing markets in South-Eastern Asia were Malaysia ($X), Thailand ($X) and Singapore ($X), together comprising X% of total imports.

In terms of the main importing countries, Thailand 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

In 2019, the peanut butter import price in South-Eastern Asia amounted to $X per tonne, increasing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the import price increased by X% year-to-year. Over the period under review, import prices reached the peak figure at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Singapore ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in South-Eastern Asia?
+
Indonesia (150K tonnes) constituted the country with the largest volume of peanut butter consumption, comprising approx. 37% of total volume. Moreover, peanut butter consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Thailand (62K tonnes), twofold. The Philippines (52K tonnes) ranked third in terms of total consumption with a 13% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in South-Eastern Asia?
+
Indonesia (150K tonnes) constituted the country with the largest volume of peanut butter production, comprising approx. 39% of total volume. Moreover, peanut butter production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand (57K tonnes), threefold. The third position in this ranking was occupied by the Philippines (46K tonnes), with a 12% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts in South-Eastern Asia?
+
In value terms, Thailand ($27M) remains the largest peanut butter supplier in South-Eastern Asia, comprising 47% of total exports. The second position in the ranking was occupied by Viet Nam ($11M), with a 19% share of total exports. It was followed by Indonesia, with a 14% share.
What are the leading importers of peanut butter and prepared or preserved groundnuts in South-Eastern Asia?
+
In value terms, the largest peanut butter importing markets in South-Eastern Asia were Malaysia ($30M), Thailand ($22M) and Singapore ($19M), with a combined 77% share of total imports.
What is the average export price for peanut butter and prepared or preserved groundnuts in South-Eastern Asia?
+
The peanut butter export price in South-Eastern Asia stood at $3,255 per tonne in 2019, with an increase of 5.7% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in South-Eastern Asia?
+
In 2019, the peanut butter import price in South-Eastern Asia amounted to $2,242 per tonne, picking up by 4.1% 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 South-Eastern Asia. 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:
• Brunei Darussalam
• Cambodia
• Lao People's Democratic Republic
• Timor-Leste

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

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Viet Nam
• Lao People's Democratic Republic
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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