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SADC - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSADC: Peanut Butter Market 2024
Peanut Butter Market Size in SADC
For the fifth consecutive year, the SADC peanut butter market recorded growth in sales value, which increased by X% to $X in 2023. The total consumption indicated a tangible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2015 indices. The level of consumption peaked in 2023 and is expected to retain growth in the near future.
Peanut Butter Production in SADC
In value terms, peanut butter production declined slightly to $X in 2023 estimated in export price. The total production indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.
Peanut Butter Exports
Exports in SADC
In 2023, after two years of decline, there was significant growth in overseas shipments of peanut butter and prepared or preserved groundnuts, when their volume increased by X% to X tons. Over the period under review, exports saw a modest expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports remained at a lower figure.
In value terms, peanut butter exports skyrocketed to $X in 2023. Total exports indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2023, the exports remained at a lower figure.
Exports by Country
South Africa was the main exporter of peanut butter and prepared or preserved groundnuts in SADC, with the volume of exports reaching X tons, which was approx. X% of total exports in 2023. It was distantly followed by Tanzania (X tons), committing a X% share of total exports.
South Africa was also the fastest-growing in terms of the peanut butter and prepared or preserved groundnuts exports, with a CAGR of X% from 2012 to 2023. Tanzania experienced a relatively flat trend pattern. While the share of South Africa (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Tanzania (X p.p.) displayed negative dynamics.
In value terms, South Africa ($X) remains the largest peanut butter supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value in South Africa totaled X%.
Export Prices by Country
The export price in SADC stood at $X per ton in 2023, reducing by X% against the previous year. Export price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then fell remarkably in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania amounted to $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tanzania (X%).
Peanut Butter Imports
Imports in SADC
In 2023, overseas purchases of peanut butter and prepared or preserved groundnuts were finally on the rise to reach X tons after two years of decline. Total imports indicated mild growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, peanut butter imports rose sharply to $X in 2023. Over the period under review, imports saw a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, South Africa (X tons) was the largest importer of peanut butter and prepared or preserved groundnuts, committing X% of total imports. Madagascar (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Botswana (X%), Namibia (X%) and Swaziland (X%). The following importers - Mauritius (X tons) and Lesotho (X tons) - each amounted to a X% share of total imports.
From 2012 to 2023, average annual rates of growth with regard to peanut butter imports into South Africa stood at X%. At the same time, Madagascar (X%), Mauritius (X%), Botswana (X%), Lesotho (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. By contrast, Swaziland (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Madagascar, Botswana and Mauritius increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($X) constitutes the largest market for imported peanut butter and prepared or preserved groundnuts in SADC, comprising X% of total imports. The second position in the ranking was taken by Botswana ($X), with a X% share of total imports. It was followed by Namibia, with a X% share.
From 2012 to 2023, the average annual growth rate of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Botswana (X% per year) and Namibia (X% per year).
Import Prices by Country
The import price in SADC stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2022, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per ton), while Madagascar ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Swaziland (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the peanut butter market in SADC. 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:
- Angola
- Botswana
- Comoros
- Democratic Republic of the Congo
- Lesotho
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Zambia
- Zimbabwe
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in SADC, split by region and country
- Trade (exports and imports) in SADC
- 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
- CONSUMPTION BY COUNTRY
- 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
- 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 VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Angola
- Botswana
- Comoros
- Democratic Republic of the Congo
- Lesotho
- Madagascar
- Malawi
- Mauritius
- Mozambique
- Namibia
- Seychelles
- South Africa
- Swaziland
- Tanzania
- Zambia
- Zimbabwe
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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