Roasted Nut and Peanut Butter Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Roasted Nuts And Peanut Butter Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

The revenue of the market of roasted nuts and peanut butter in the U.S. amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014, with an increase of X% year-to-year. Consumption of roasted nuts and peanut butter peaked in 2018, and is likely to continue its growth in the immediate term.

Production of Roasted Nuts And Peanut Butter in the USA

In value terms, production of roasted nuts and peanut butter stood at $X in 2018. The total output value increased at an average annual rate of +X% from 2013 to 2018, fluctuating slightly in certain years.

Nuts and seeds (salted, roasted, cooked, or blanched) ($X) constituted the leading product category in terms of the total output. The second position in the ranking was occupied by peanut butter ($X).

From 2013 to 2018, the average annual rate of growth of the production volume of nuts and seeds (salted, roasted, cooked, or blanched) stood at +X%. Meanwhile, production of peanut butter (-X% per year) contracted over the same period.

Exports of Roasted Nuts And Peanut ButterExports from the USA

In 2018, approx. X tons of roasted nuts and peanut butter were exported from the U.S.; increasing by X% against the previous year. In general, the total exports indicated a tangible growth from 2013 to 2018: its volume increased at an average annual rate of +X% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, exports of roasted nuts and peanut butter amounted to $X (IndexBox estimates) in 2018.

Exports by Country

China (X tons), Taiwan, Chinese (X tons) and China, Hong Kong SAR (X tons) were the main destinations of exports of roasted nuts and peanut butter from the U.S., together accounting for X% of total exports.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), China, Hong Kong SAR ($X) and Australia ($X) were the largest markets for roasted nut and peanut butter exported from the U.S.

Export Prices by Country

In 2018, the average export price for roasted nuts and peanut butter amounted to $X per kg, picking up by X% against the previous year. Over the last five year period, it increased at an average annual rate of +X%.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was Australia ($X per kg), while the average price for exports to Taiwan, Chinese ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Australia (+X% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Imports of Roasted Nuts And Peanut ButterImports into the USA

In 2018, imports of roasted nuts and peanut butter into the U.S. stood at X tons, shrinking by -X% against the previous year. Overall, imports of roasted nuts and peanut butter continue to indicate a strong increase.

In value terms, imports of roasted nuts and peanut butter stood at $X (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +X% over the period from 2013 to 2018; moreover, imports peaked in 2018, and are expected to retain its growth in the near future.

Imports by Country

Argentina (X tons), China (X tons) and Israel (X tons) were the main suppliers of roasted nuts and peanut butter to the U.S., together comprising X% of total imports. These countries were followed by Vietnam, India, Thailand and Turkey, which together accounted for a further X%.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest roasted nut and peanut butter suppliers to the U.S. were Vietnam ($X), Thailand ($X) and China ($X), together accounting for X% of total imports.

Import Prices by Country

The average import price for roasted nuts and peanut butter stood at $X per kg in 2018, increasing by X% against the previous year. Overall, the import price for roasted nuts and peanut butter continues to indicate a relatively flat trend pattern.

Import prices varied noticeably by the country of origin; the country with the highest import price was Thailand ($X per kg), while the price for Argentina ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the import prices for the other major suppliers experienced mixed trend patterns.

Companies Mentioned in the Report

Diamond Foods, Wonderful Pistachios & Almonds, John B. Sanfilippo & Son, Stewart & Jasper Marketing, Bergin Fruit Company, Trophy Nut, Hazelnut Growers of Oregon, Algood Food Company, Kanan Enterprises, Texoma Peanut Company, Terri Lynn, A. L. Schutzman Company, Suntree, Star Snacks Co., Sahale Snacks, Sahale Snacks, Primex Farms, Ann's House of Nuts, Nutcracker Brands, Nichols Pistachio, Westnut, Mauna Loa Macadamia Nut, Bazzini Holdings, ABC Peanut Butter, Whitsons Food Service (bronx)

Source: IndexBox Market Intelligence Platform