Report Update Mar 1, 2025

Northern America - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Groundnuts Market 2025

Groundnuts Market Size in Northern America

The North American groundnuts market dropped to $X in 2022, declining by -2.1% against the previous year. Over the period under review, consumption showed a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Groundnuts Production in Northern America

In value terms, groundnuts production fell to $X in 2022 estimated in export price. In general, production saw a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 36% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The United States (X tons) remains the largest groundnuts producing country in Northern America, comprising approx. 99.9% of total volume.

In the United States, groundnuts production remained relatively stable over the period from 2012-2022.

The average groundnuts yield contracted to X tons per ha in 2022, declining by -4% against 2021 figures. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the yield increased by 10%. Over the period under review, the groundnuts yield reached the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of ground-nut (in-shell) production in Northern America reached X ha, surging by 2.3% compared with the previous year. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 27%. Over the period under review, the harvested area dedicated to groundnuts production attained the maximum at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Groundnuts Exports

Exports in Northern America

In 2022, overseas shipments of ground-nut (in-shell) decreased by -11.1% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, posted buoyant growth. The growth pace was the most rapid in 2020 with an increase of 213% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, groundnuts exports rose slightly to $X in 2022. In general, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 145%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the United States (X tons) represented the main exporter of ground-nut (in-shell) in Northern America, constituting 99.9% of total export.

The United States was also the fastest-growing in terms of the ground-nut (in-shell) exports, with a CAGR of +11.9% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest groundnuts supplier in Northern America.

In the United States, groundnuts exports increased at an average annual rate of +8.4% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, surging by 15% against the previous year. Overall, the export price, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2021 an increase of 22%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.1% per year.

Groundnuts Imports

Imports in Northern America

In 2022, approx. X tons of ground-nut (in-shell) were imported in Northern America; picking up by 11% compared with 2021. Over the period under review, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 50%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, groundnuts imports stood at $X in 2022. In general, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 48% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Canada (X tons) represented roughly 100% of total imports in 2022.

Canada was also the fastest-growing in terms of the ground-nut (in-shell) imports, with a CAGR of +9.8% from 2012 to 2022. From 2012 to 2022, the share of Canada increased by +31 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported ground-nut (in-shell) in Northern America.

From 2012 to 2022, the average annual rate of growth in terms of value in Canada amounted to +8.3%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, with an increase of 3.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2021 an increase of 15% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -1.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ground-nut (in-shell) in Northern America?

The United States remains the largest groundnuts consuming country in Northern America, accounting for 100% of total volume.

What are the largest producers of ground-nut (in-shell) in Northern America?

The United States constituted the country with the largest volume of groundnuts production, comprising approx. 100% of total volume.

What are the leading exporters of ground-nut (in-shell) in Northern America?

In value terms, the United States remains the largest groundnuts supplier in Northern America.

What are the leading importers of ground-nut (in-shell) in Northern America?

In value terms, Canada constitutes the largest market for imported ground-nut in-shell) in Northern America.

What is the average export price for ground-nut (in-shell) in Northern America?

In 2020, the groundnuts export price in Northern America amounted to $780 per ton, reducing by -21.8% against the previous year.

What is the average import price for ground-nut (in-shell) in Northern America?

The groundnuts import price in Northern America stood at $1,348 per ton in 2020, picking up by 4.3% against the previous year.

This report provides an in-depth analysis of the groundnuts market in Northern America. 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:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Harvested Area, By Country, 2012-2024
7. Yield, By Country, 2012-2024
8. Imports, In Physical Terms, By Country, 2012–2024
9. Imports, In Value Terms, By Country, 2012–2024
10. Import Prices, By Country Of Destination, 2012–2024
11. Exports, In Physical Terms, By Country, 2012–2024
12. Exports, In Value Terms, By Country, 2012–2024
13. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2024
19. Production, In Value Terms, 2012–2024
20. Area Harvested, 2012–2024
21. Yield, 2012–2024
22. Production, By Country, 2024
23. Production, In Physical Terms, By Country, 2012–2024
24. Harvested Area, By Country, 2024
25. Harvested Area, By Country, 2012-2024
26. Yield, By Country, 2012-2024
27. Imports, In Physical Terms, 2012–2024
28. Imports, In Value Terms, 2012–2024
29. Imports, In Physical Terms, By Country, 2024
30. Imports, In Physical Terms, By Country, 2012–2024
31. Imports, In Value Terms, By Country, 2012–2024
32. Import Prices, By Country, 2012–2024
33. Exports, In Physical Terms, 2012–2024
34. Exports, In Value Terms, 2012–2024
35. Exports, In Physical Terms, By Country, 2024
36. Exports, In Physical Terms, By Country, 2012–2024
37. Exports, In Value Terms, By Country, 2012–2024
38. Export Prices, 2012–2024