Latest Report Update: Oct 4, 2021

U.S. - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

U.S.: Groundnuts Market Overview 2021

Groundnuts Market Size in the U.S.

The U.S. groundnuts market declined notably to $X in 2020, which is down by -X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2013 to 2020, the growth of the market failed to regain the momentum.

Groundnuts Production in the U.S.

In value terms, groundnuts production reduced markedly to $X in 2020. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2013 to 2020, production growth failed to regain the momentum.

The average yield of ground-nut (in-shell) in the U.S. expanded modestly to X tonnes per ha in 2020, growing by X% compared with the previous year's figure. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when the yield increased by X% year-to-year. As a result, the yield attained the peak level of X tonnes per ha. from 2013 to 2020, the growth of the average groundnuts yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of ground-nut (in-shell) production in the U.S. was estimated at X ha, stabilizing at the year before. Overall, the total harvested area indicated a mild increase from 2007 to 2020: its figure 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, groundnuts harvested area increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2012 when the harvested area increased by X% y-o-y. The groundnuts harvested area peaked at X ha in 2017; however, from 2018 to 2020, the harvested area failed to regain the momentum.

Groundnuts Exports

Exports from the U.S.

In 2020, shipments abroad of ground-nut (in-shell) increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in years to come.

In value terms, groundnuts exports soared to $X in 2020. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Over the period under review, exports hit record highs in 2020 and are likely to continue growth in years to come.

Exports by Country

China (X tonnes) was the main destination for groundnuts exports from the U.S., with a X% share of total exports. It was followed by Germany (X tonnes), with a X% share of total exports. The Netherlands (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the Netherlands (+X% per year).

In value terms, China ($X) remains the key foreign market for groundnuts exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Canada (+X% per year).

Export Prices by Country

In 2020, the average groundnuts export price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the export price showed a noticeable contraction. The growth pace was the most rapid in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per tonne), while the average price for exports to China ($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 Canada, while the prices for the other major destinations experienced more modest paces of growth.

Groundnuts Imports

Imports into the U.S.

In 2020, overseas purchases of ground-nut (in-shell) decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. In general, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, groundnuts imports dropped significantly to $X in 2020. Over the period under review, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the Dominican Republic (X tonnes) was the main supplier of groundnuts to the U.S., with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Dominican Republic stood at +X%.

In value terms, the Dominican Republic ($X) constituted the largest supplier of groundnuts to the U.S..

From 2007 to 2020, the average annual rate of growth in terms of value from the Dominican Republic amounted to +X%.

Import Prices by Country

In 2020, the average groundnuts import price amounted to $X per tonne, growing by X% against the previous year. Overall, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The import price peaked in 2020 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the Dominican Republic.

From 2007 to 2020, the rate of growth in terms of prices for the Dominican Republic amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ground-nut (in-shell) in the world?
+
China (18M tonnes) constituted the country with the largest volume of groundnuts consumption, accounting for 36% of total volume. Moreover, groundnuts consumption in China exceeded the figures recorded by the second-largest consumer, India (6.5M tonnes), threefold. Nigeria (4.6M tonnes) ranked third in terms of total consumption with a 9.1% share.
What are the largest producers of ground-nut (in-shell) in the world?
+
China (18M tonnes) constituted the country with the largest volume of groundnuts production, accounting for 36% of total volume. Moreover, groundnuts production in China exceeded the figures recorded by the second-largest producer, India (6.6M tonnes), threefold. Nigeria (4.6M tonnes) ranked third in terms of total production with a 9.2% share.
What are the leading suppliers of ground-nut (in-shell) to the U.S.?
+
In value terms, the Dominican Republic ($8K) constituted the largest supplier of groundnuts to the U.S..
What are the leading importers of ground-nut (in-shell) from the U.S.?
+
In value terms, China ($189M) remains the key foreign market for groundnuts exports from the U.S., comprising 78% of total exports. The second position in the ranking was occupied by Germany ($9.3M), with a 3.8% share of total exports. It was followed by Canada, with a 3.5% share.
What is the average export price for ground-nut (in-shell) in the U.S.?
+
In 2020, the average groundnuts export price amounted to $780 per tonne, which is down by -21.8% against the previous year.
What is the average import price for ground-nut (in-shell) in the U.S.?
+
The average groundnuts import price stood at $2,361 per tonne in 2020, picking up by 54% against the previous year.

Product coverage:
• FCL 242 - Groundnuts, in shell

This report provides an in-depth analysis of the groundnuts market in the U.S.. 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:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

Solar Energy Market: Getting to Net-Zero amid Energy Crisis



Join our live webinar to get insights into the global solar energy market.



Thursday, November 4th, 2021 @ 03:00 pm ET


Register

Wind Energy Market: Getting to Net-Zero amid Energy Crisis



Join our live webinar to get insights into the global wind energy market.



Thursday, November 11th, 2021 @ 04:00 pm ET


Register

Biogas Market: Getting to Net-Zero amid Energy Crisis



Join our live webinar to get insights into the global biogas market.



Thursday, November 18th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data