India - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGroundnuts Price in India - 2023
Contents:
- Groundnuts Price in India (FOB) - 2023
- Groundnuts Price in India (CIF) - 2022
- Groundnuts Exports in India
- Groundnuts Imports in India
Groundnuts Price in India (FOB) - 2023
In July 2023, the average groundnuts export price amounted to $1,032 per ton, with a decrease of -3.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 23% against the previous month. As a result, the export price attained the peak level of $1,067 per ton, and then shrank in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($1,826 per ton), while the average price for exports to Nepal ($737 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Groundnuts Price in India (CIF) - 2022
In 2022, the average groundnuts import price amounted to $2,480 per ton, with an increase of 45% against the previous year. Over the period under review, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 81% against the previous year. Over the period under review, average import prices hit record highs 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 the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Mozambique amounted to +64.0% per year.
Groundnuts Exports in India
After two years of decline, overseas shipments of ground-nut (in-shell) increased by 102% to 17K tons in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, groundnuts exports skyrocketed to $15M in 2022. In general, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Groundnuts in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nepal | 2.2 | 3.2 | 1.7 | 3.9 | 21.0% |
Afghanistan | 2.6 | 3.0 | 0.8 | 3.7 | 12.5% |
Bangladesh | 0.2 | 0.1 | 0.1 | 3.1 | 149.3% |
Pakistan | 0.2 | N/A | 0.4 | 1.8 | 108.0% |
Iran | N/A | N/A | 0.2 | 1.0 | 400.0% |
United Arab Emirates | N/A | N/A | N/A | 0.5 | 0% |
Philippines | 0.9 | 0.1 | N/A | N/A | -88.9% |
Others | 3.3 | 3.2 | 4.1 | 0.8 | -37.6% |
Total | 9.4 | 9.7 | 7.3 | 14.8 | 16.3% |
Top Export Markets for Groundnuts from India in 2022:
- Nepal (5.5K tons)
- Bangladesh (4.2K tons)
- Afghanistan (3.8K tons)
- Pakistan (1.9K tons)
- Iran (1.0K tons)
- United Arab Emirates (0.5K tons)
Groundnuts Imports in India
In 2022, groundnuts imports into India dropped significantly to 2.4 tons, which is down by -37.8% on the previous year. Overall, imports recorded a precipitous contraction.
In value terms, groundnuts imports declined to $6K in 2022. Over the period under review, imports showed a dramatic descent.
Import of Groundnuts in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 8.5 | 22.3 | 6.4 | 6.0 | -11.0% |
Malaysia | 11.2 | N/A | N/A | N/A | 0% |
Sudan | 11.2 | N/A | N/A | N/A | 0% |
Afghanistan | 1.8 | N/A | N/A | N/A | 0% |
Bahrain | 5.5 | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
Total | 38.3 | 22.5 | 6.7 | 6.0 | -46.1% |
Top Suppliers of Groundnuts to India in 2022:
- United Arab Emirates (2.4 tons)
This report provides an in-depth analysis of the groundnuts market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- Yield 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the groundnuts market in India.
This report provides an in-depth analysis of the global groundnuts market.
This report provides an in-depth analysis of the groundnuts market in India.
This report provides an in-depth analysis of the global groundnuts market.
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