Germany - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Germany - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights

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Peanut Butter Price in Germany - 2023

Contents:

  1. Peanut Butter Price in Germany (CIF) - 2023
  2. Peanut Butter Price in Germany (FOB) - 2023
  3. Peanut Butter Imports in Germany
  4. Peanut Butter Exports in Germany

Peanut Butter Price in Germany (CIF) - 2023

The average peanut butter import price stood at $3,358 per ton in August 2023, therefore, remained relatively stable against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in March 2023 an increase of 5.8% month-to-month. Over the period under review, average import prices reached the maximum at $3,508 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Greece ($4,579 per ton), while the price for India ($2,715 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Peanut Butter Price in Germany (FOB) - 2023

In August 2023, the average peanut butter export price amounted to $3,822 per ton, picking up by 3.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in January 2023 an increase of 16% against the previous month. The export price peaked at $4,087 per ton in March 2023; however, from April 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was France ($5,589 per ton), while the average price for exports to Luxembourg ($2,316 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports in Germany

In 2022, purchases abroad of peanut butter and prepared or preserved groundnuts decreased by -4.1% to 37K tons, falling for the second year in a row after two years of growth. Overall, imports showed a mild downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. As a result, imports attained the peak of 44K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, peanut butter imports fell to $106M in 2022. Over the period under review, imports, however, continue to indicate modest growth. The pace of growth was the most pronounced in 2020 when imports increased by 22%. As a result, imports attained the peak of $125M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Peanut Butter in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands29.636.929.832.12.7%
Luxembourg26.926.821.719.1-10.8%
Poland6.09.59.69.315.7%
Argentina10.88.99.88.5-7.7%
Turkey1.13.85.36.580.8%
Italy2.67.05.85.226.0%
Belgium0.11.74.04.6258.3%
United Kingdom1.53.93.14.038.7%
Egypt3.55.57.52.3-13.1%
India1.02.12.81.821.6%
United States6.72.21.81.3-42.1%
France2.63.72.21.3-20.6%
Others10.813.312.510.1-2.2%
Total1031251161061.0%

Top Suppliers of Peanut Butter to Germany in 2022:

  1. Netherlands (11.6K tons)
  2. Luxembourg (6.6K tons)
  3. Poland (4.0K tons)
  4. Argentina (3.9K tons)
  5. Turkey (2.4K tons)
  6. Belgium (1.9K tons)
  7. Italy (1.4K tons)
  8. India (0.8K tons)
  9. Egypt (0.7K tons)
  10. United Kingdom (0.7K tons)
  11. France (0.5K tons)
  12. United States (0.4K tons)

Peanut Butter Exports in Germany

In 2022, the amount of peanut butter and prepared or preserved groundnuts exported from Germany totaled 27K tons, growing by 7.5% compared with 2021. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, peanut butter exports fell to $85M in 2022. The total export value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 6.4% against the previous year.

Export of Peanut Butter in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria16.917.617.015.4-3.1%
Switzerland8.49.810.89.64.6%
France6.26.28.79.013.2%
Spain3.63.84.16.521.8%
Italy8.47.46.66.2-9.6%
Netherlands7.98.76.86.1-8.3%
Poland2.12.84.44.629.9%
Sweden3.13.23.23.21.1%
Portugal2.73.32.93.03.6%
Belgium2.22.22.33.010.9%
Romania1.51.62.22.721.6%
Czech Republic1.71.51.91.70.0%
Hungary1.41.41.81.64.6%
Others12.914.413.112.4-1.3%
Total79.184.185.885.22.5%

Top Export Markets for Peanut Butter from Germany in 2022:

  1. Austria (4.5K tons)
  2. Switzerland (2.9K tons)
  3. Spain (2.5K tons)
  4. Italy (2.3K tons)
  5. France (2.3K tons)
  6. Netherlands (2.2K tons)
  7. Poland (1.4K tons)
  8. Portugal (1.2K tons)
  9. Sweden (1.2K tons)
  10. Belgium (1.0K tons)
  11. Romania (0.9K tons)
  12. Hungary (0.6K tons)
  13. Czech Republic (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the peanut butter market in Germany. 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:

  • Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 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. 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. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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