U.S. - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPeanut Butter Prices in the United States
U.S. Peanut Butter Export Price per Ton in August 2022
In August 2022, the peanut butter price per ton stood at $3.0K (FOB, US), with a decrease of -1.9% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 when the average export price increased by 4% against the previous month. Over the period under review, the average export prices hit record highs at $3.1K per ton in June 2022; however, from July 2022 to August 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In August 2022, the country with the highest price was the UK ($4.0K per ton), while the average price for exports to Norway ($1.6K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Peanut Butter Exports
In August 2022, shipments abroad of peanut butter and prepared or preserved groundnuts increased by 1.7% to 5.8K tons, rising for the second month in a row after two months of decline. The total export volume increased at an average monthly rate of +3.2% from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in March 2022 with an increase of 22% month-to-month.
In value terms, peanut butter exports reduced to $17M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +3.6% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in March 2022 when exports increased by 26% against the previous month.
U.S. Peanut Butter Exports by Country
Canada (2K tons), Mexico (1.6K tons) and South Korea (290 tons) were the main destinations of peanut butter exports from the United States, with a combined 66% share of total exports. Japan, the Philippines, Saudi Arabia, Australia, the United Arab Emirates, Norway, the UK and Hong Kong SAR lagged somewhat behind, together comprising a further 21%.
From January 2022 to August 2022, the biggest increases were in Norway (with a CAGR of +48.7%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Canada ($5.4M), Mexico ($3.8M) and South Korea ($1M) appeared to be the largest markets for peanut butter exported from the United States worldwide, together accounting for 60% of total exports. These countries were followed by Japan, the Philippines, Saudi Arabia, Australia, the United Arab Emirates, the UK, Hong Kong SAR and Norway, which together accounted for a further 25%.
Among the main countries of destination, Norway, with a CAGR of +32.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the peanut butter 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:
- Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)
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
- 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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This report provides an in-depth analysis of the peanut butter market in the U.S..
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This report provides an in-depth analysis of the peanut butter market in the U.S..
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This report provides an in-depth analysis of the canned pineapple market in the U.S..
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This report provides an in-depth analysis of the market for nuts (prepared or preserved) in the U.S..
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This report provides an in-depth analysis of the global peanut butter market.
530
In August 2022, the peanut butter price per ton amounted to $3.0K, shrinking by -1.9% against the previous month.
841
In June 2022, the peanut butter price per tonamounted to $3,101 per ton, increasing by 1.8% against the previous month.
448
In December 2022, the canned pineapple price amounted to $1,377 per ton, therefore (CIF, US), remained relatively stable against the previous month.
745
In 2020, American canned pineapple imports jumped by +7.5% to $333M despite the decline in physical terms. Most of the increase occurred due to the rising supplies from Indonesia at higher prices compared to the previous year, while the shipments from Thailand reduced. Indonesia, Thailand and the Philippines provide 97% of total American import volume. In 2020, the average canned pineapple import price rose by 26%, while the price for Indonesian supplies has gone up by 57%.
331
In July 2022, the nuts price per ton stood at $4,970, declining by -6.2% against the previous month.
1100
Thailand dominates in the global trade of prepared or preserved pineapples. In 2014, Thailand exported X thousand tons of prepared or preserved pineapples totaling X million USD, which was X million USD less than the year before. Its primary trad
8517
In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1865
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
530
In August 2022, the peanut butter price per ton amounted to $3.0K, shrinking by -1.9% against the previous month.
841
In June 2022, the peanut butter price per tonamounted to $3,101 per ton, increasing by 1.8% against the previous month.
