France: Groundnuts Market 2025

Groundnuts Market Size in France

After two years of growth, the French groundnuts market decreased by -12.7% to $X in 2022. Over the period under review, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Groundnuts consumption peaked at $X in 2021, and then declined in the following year.

Groundnuts Exports

Exports from France

In 2022, after two years of growth, there was significant decline in overseas shipments of ground-nut (in-shell), when their volume decreased by -69.5% to X tons. In general, exports, however, saw a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by 2,790%. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined dramatically in the following year.

In value terms, groundnuts exports declined significantly to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 2,430% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), the UK (X tons) and Belgium (X tons) were the main destinations of groundnuts exports from France, together accounting for 91% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +56.1%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the UK ($X) and Belgium ($X) constituted the largest markets for groundnuts exported from France worldwide, with a combined 85% share of total exports.

Belgium, with a CAGR of +48.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average groundnuts export price amounted to $X per ton, surging by 21% against the previous year. Overall, the export price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

Groundnuts Imports

Imports into France

In 2022, supplies from abroad of ground-nut (in-shell) decreased by -16.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 25%. Imports peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, groundnuts imports reduced to $X in 2022. Overall, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.5% against 2014 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 19%. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

The United States (X tons), Togo (X tons) and Egypt (X tons) were the main suppliers of groundnuts imports to France, together accounting for 70% of total imports. Belgium, China, Cote d'Ivoire, the Netherlands and Mali lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +38.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Togo ($X) and Egypt ($X) were the largest groundnuts suppliers to France, with a combined 68% share of total imports. Belgium, China, the Netherlands, Cote d'Ivoire and Mali lagged somewhat behind, together accounting for a further 23%.

In terms of the main suppliers, Belgium, with a CAGR of +33.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average groundnuts import price stood at $X per ton in 2022, with an increase of 2.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 11%. The import price peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mali (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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