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France - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGroundnuts Price in France - 2023
Contents:
- Groundnuts Price in France (CIF) - 2023
- Groundnuts Price in France (FOB) - 2022
- Groundnuts Imports in France
- Groundnuts Exports in France
Groundnuts Price in France (CIF) - 2023
In July 2023, the average groundnuts import price amounted to $2,148 per ton, with a decrease of -3.9% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 11% m-o-m. Over the period under review, average import prices reached the peak figure at $2,236 per ton in June 2023, and then shrank in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Cote d'Ivoire ($16,943 per ton), while the price for the United States ($2,061 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Groundnuts Price in France (FOB) - 2022
In 2022, the average groundnuts export price amounted to $2,015 per ton, jumping by 21% against the previous year. In general, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 55%. The export price peaked at $6,064 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($4,669 per ton), while the average price for exports to the UK ($1,671 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 in France
In 2022, after three years of growth, there was significant decline in purchases abroad of ground-nut (in-shell), when their volume decreased by -16.9% to 4.7K tons. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 11%.
In value terms, groundnuts imports fell to $9.3M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 19% against the previous year.
Import of Groundnuts in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.6 | 2.9 | 3.4 | 3.0 | 4.9% |
Togo | 2.0 | 1.8 | 2.6 | 2.3 | 4.8% |
Egypt | 1.0 | 1.2 | 1.1 | 1.0 | 0.0% |
Belgium | N/A | 0.8 | 0.6 | 0.7 | -6.5% |
China | 1.6 | 0.8 | 1.1 | 0.6 | -27.9% |
Netherlands | 0.1 | 0.4 | 0.8 | 0.5 | 71.0% |
Cote d'Ivoire | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
Others | 0.4 | 1.2 | 1.1 | 0.9 | 31.0% |
Total | 7.8 | 9.3 | 10.9 | 9.3 | 6.0% |
Top Suppliers of Groundnuts to France in 2022:
- United States (1546.2 tons)
- Togo (1271.7 tons)
- Egypt (488.4 tons)
- Belgium (389.8 tons)
- China (259.0 tons)
- Cote d'Ivoire (250.1 tons)
- Netherlands (239.5 tons)
Groundnuts Exports in France
In 2022, after three years of growth, there was significant decline in overseas shipments of ground-nut (in-shell), when their volume decreased by -69.5% to 70 tons. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 318%. As a result, the exports reached the peak of 229 tons, and then declined significantly in the following year.
In value terms, groundnuts exports declined rapidly to $141K in 2022. In general, exports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 228% against the previous year. As a result, the exports reached the peak of $381K, and then contracted dramatically in the following year.
Export of Groundnuts in France (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | 0.4 | 38.2 | 62.2 | 1147.0% |
United Kingdom | 0.1 | N/A | 133 | 31.3 | 579.0% |
Belgium | 2.1 | 5.6 | 15.0 | 25.8 | 130.7% |
Italy | 36.9 | 20.3 | 1.6 | 9.3 | -36.8% |
Germany | 8.3 | 17.6 | 4.5 | 5.6 | -12.3% |
Switzerland | 13.7 | 8.3 | 15.7 | 2.9 | -40.4% |
Spain | 2.8 | 4.2 | 154 | 0.6 | -40.2% |
China | N/A | N/A | 18.1 | N/A | 0% |
United States | 18.2 | 49.9 | N/A | N/A | 174.2% |
Others | 5.6 | 9.9 | 1.0 | 2.9 | -19.7% |
Total | 87.7 | 116 | 381 | 141 | 17.1% |
Top Export Markets for Groundnuts from France in 2022:
- Netherlands (35.3 tons)
- United Kingdom (18.8 tons)
- Belgium (9.3 tons)
- Italy (3.1 tons)
- Germany (1.8 tons)
- Switzerland (0.6 tons)
- Spain (0.2 tons)
This report provides an in-depth analysis of the groundnuts market in France. 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:
- France
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in France
- 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
-
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 France.
This report provides an in-depth analysis of the global groundnuts market.
This report provides an in-depth analysis of the groundnuts market in France.
This report provides an in-depth analysis of the global groundnuts market.
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In May 2023, the price of Groundnuts was $2,235 per ton (CIF, France), representing a 2% increase compared to the previous month.
In 2022, peanut prices are forecast to remain stable due to rising global production. This year, the world’s peanut seed output is set to reach a record 50.7M tons, increasing by 2.3% y/y.