U.S. - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGroundnuts Prices in the United States
U.S. Groundnuts Export Price per Ton in June 2022
In June 2022, the groundnuts price per ton amounted to $1.1K (FOB, US), surging by 6.2% against the previous month. In general, the export price, however, recorded a slight curtailment. Over the period under review, the average export prices reached the maximum at $1.1K per ton in January 2022; afterwards, it flattened through to June 2022.
There were significant differences in the average prices for the major external markets. In June 2022, the country with the highest price was the UK ($1.6K per ton), while the average price for exports to China ($764.0 per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Groundnuts Exports
Groundnuts exports from the United States dropped remarkably to 8.8K tons in August 2022, which is down by -20.7% against July 2022 figures. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 with an increase of 65% month-to-month. As a result, the exports attained the peak of 18K tons. From April 2022 to August 2022, the growth of the exports remained at a lower figure.
In value terms, groundnuts exports fell to $11M (IndexBox estimates) in August 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 with an increase of 52% month-to-month. As a result, the exports reached the peak of $18M. From April 2022 to August 2022, the growth of the exports remained at a somewhat lower figure.
U.S. Groundnuts Exports by Country
China (4.8K tons) was the main destination for groundnuts exports from the United States, accounting for a 52% share of total exports. Moreover, groundnuts exports to China exceeded the volume sent to the second major destination, Germany (992 tons), fivefold. Spain (808 tons) ranked third in terms of total exports with an 8.7% share.
From January 2022 to June 2022, the average monthly growth rate of volume to China was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+10.4% per month) and Spain (+21.4% per month).
In value terms, China ($3.7M) remains the key foreign market for groundnuts exports from the United States, comprising 38% of total exports. The second position in the ranking was held by Germany ($1.2M), with a 13% share of total exports. It was followed by Spain, with an 11% share.
From January 2022 to June 2022, the average monthly growth rate of value to China stood at -3.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+7.7% per month) and Spain (+20.7% per month).
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 2030.
Product coverage:
- FCL 242 - Groundnuts, in shell
Country coverage:
- United States
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the groundnuts market in the U.S..
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This report provides an in-depth analysis of the global groundnuts market.
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This report provides an in-depth analysis of the groundnuts market in the U.S..
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This report provides an in-depth analysis of the global groundnuts market.
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In 2020, in-shell groundnut exports from the U.S. rose twofold in value terms and threefold in terms of volume thanks to explosive demand from China. The total volume of exports reached $243M or 312K tons. China remains the key destination for groundnut supplies from the U.S., accounting for 85% of the total figure. At the same time, shipments from the U.S. constitute 97% of the Chinese peanut imports.
1306
In 2022, peanut prices are forecast to remain stable due to rising global production. This year, the world’s peanut seed output is set to reach a record 50.7M tons, increasing by 2.3% y/y.
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Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
692
In 2020, in-shell groundnut exports from the U.S. rose twofold in value terms and threefold in terms of volume thanks to explosive demand from China. The total volume of exports reached $243M or 312K tons. China remains the key destination for groundnut supplies from the U.S., accounting for 85% of the total figure. At the same time, shipments from the U.S. constitute 97% of the Chinese peanut imports.
1306
In 2022, peanut prices are forecast to remain stable due to rising global production. This year, the world’s peanut seed output is set to reach a record 50.7M tons, increasing by 2.3% y/y.
