Germany: Peanut Butter Market 2025

Peanut Butter Market Size in Germany

The German peanut butter market rose rapidly to $X in 2022, with an increase of 7.1% against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Peanut butter consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Peanut Butter Production in Germany

In value terms, peanut butter production rose remarkably to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 16%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Peanut Butter Exports

Exports from Germany

In 2022, peanut butter exports from Germany stood at X tons, with an increase of 7.5% compared with 2021 figures. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 13%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, peanut butter exports fell modestly to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 17%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Austria (X tons), Switzerland (X tons) and Spain (X tons) were the main destinations of peanut butter exports from Germany, together comprising 36% of total exports. France, Italy, the Netherlands, Poland, Sweden, Portugal, Belgium, Romania, Hungary and the Czech Republic lagged somewhat behind, together comprising a further 50%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +8.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Switzerland ($X) and France ($X) were the largest markets for peanut butter exported from Germany worldwide, with a combined 40% share of total exports. Spain, Italy, the Netherlands, Poland, Sweden, Portugal, Belgium, Romania, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further 45%.

Belgium, with a CAGR of +6.6%, 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

The average peanut butter export price stood at $X per ton in 2022, waning by -7.6% against the previous year. Overall, the export price saw a slight descent. The most prominent rate of growth was recorded in 2017 an increase of 9.1% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($X per ton) and Austria ($X per ton), while the average price for exports to Portugal ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into Germany

In 2022, approx. X tons of peanut butter and prepared or preserved groundnuts were imported into Germany; reducing by -4.1% compared with the previous year's figure. In general, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.8% against 2020 indices. The growth pace was the most rapid in 2017 when imports increased by 25% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, peanut butter imports fell to $X in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its value 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. Based on 2022 figures, imports decreased by -15.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 38% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Luxembourg (X tons) and Poland (X tons) were the main suppliers of peanut butter imports to Germany, together accounting for 60% of total imports. Argentina, Turkey, Belgium, Italy, India, the UK and the United States lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +41.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest peanut butter suppliers to Germany were the Netherlands ($X), Luxembourg ($X) and Poland ($X), together accounting for 57% of total imports. Argentina, Turkey, Italy, Belgium, the UK, India and the United States lagged somewhat behind, together accounting for a further 30%.

Among the main suppliers, Belgium, with a CAGR of +33.0%, saw the highest rates of growth with regard to 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

In 2022, the average peanut butter import price amounted to $X per ton, reducing by -4.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 10%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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