Australia and Oceania: Groundnuts Market 2025

Groundnuts Market Size in Australia and Oceania

After two years of growth, the groundnuts market in Australia and Oceania decreased by -6.2% to $X in 2022. Overall, consumption continues to indicate a noticeable decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Groundnuts Production in Australia and Oceania

In value terms, groundnuts production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when the production volume increased by 21%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Australia (X tons) remains the largest groundnuts producing country in Australia and Oceania, accounting for 73% of total volume. Moreover, groundnuts production in Australia exceeded the figures recorded by the second-largest producer, Vanuatu (X tons), sixfold. Papua New Guinea (X tons) ranked third in terms of total production with a 6.9% share.

In Australia, groundnuts production declined by an average annual rate of -3.5% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Vanuatu (+0.5% per year) and Papua New Guinea (+0.8% per year).

In 2022, the average groundnuts yield in Australia and Oceania shrank to X tons per ha, with a decrease of -1.7% against the previous year. Over the period under review, the yield continues to indicate a slight setback. The most prominent rate of growth was recorded in 2020 when the yield increased by 20%. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The groundnuts harvested area contracted to X ha in 2022, dropping by -7.1% against the previous year. In general, the harvested area saw a mild reduction. The growth pace was the most rapid in 2021 with an increase of 17%. The level of harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Groundnuts Exports

Exports in Australia and Oceania

In 2022, after four years of decline, there was significant growth in overseas shipments of ground-nut (in-shell), when their volume increased by 30% to X tons. Over the period under review, exports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 42% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, groundnuts exports shrank to $X in 2022. Overall, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 35%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Australia dominates exports structure, resulting at X tons, which was near 89% of total exports in 2022. It was distantly followed by Fiji (X tons), achieving a 9.9% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to groundnuts exports from Australia stood at -5.7%. At the same time, Fiji (+27.8%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +27.8% from 2012-2022. While the share of Fiji (+9.9 p.p.) and Australia (+6.7 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest groundnuts supplier in Australia and Oceania, comprising 80% of total exports. The second position in the ranking was held by Fiji ($X), with an 18% share of total exports.

In Australia, groundnuts exports declined by an average annual rate of -7.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, falling by -28.3% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 52%. As a result, the export price reached the peak level of $X per ton, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Fiji ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (+4.2%).

Groundnuts Imports

Imports in Australia and Oceania

In 2022, overseas purchases of ground-nut (in-shell) decreased by -96% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of 609%. The volume of import peaked at X tons in 2021, and then shrank notably in the following year.

In value terms, groundnuts imports declined significantly to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 698% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

New Zealand was the major importer of ground-nut (in-shell) in Australia and Oceania, with the volume of imports recording X tons, which was near 56% of total imports in 2022. Australia (X tons) held a 31% share (based on physical terms) of total imports, which put it in second place, followed by Papua New Guinea (10%).

From 2012 to 2022, the biggest increases were recorded for Papua New Guinea (with a CAGR of 0.0%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, New Zealand ($X) constitutes the largest market for imported ground-nut (in-shell) in Australia and Oceania, comprising 70% of total imports. The second position in the ranking was held by Australia ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual growth rate of value in New Zealand amounted to +3.2%. In the other countries, the average annual rates were as follows: Australia (+1.3% per year) and Papua New Guinea (0.0% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, increasing by 239% against the previous year. Overall, the import price showed a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+11.7%).

Source: IndexBox Platform

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