What is the price of peanut (groundnuts) per kilogram/pound in Germany today?
The retail price range for Germany peanut (groundnuts) is between US$ 3.71 and US$ 8.09 per kilogram or between US$ 1.68 and US$ 3.67 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in Germany
The retail price range in Euro for peanut (groundnuts) is between EUR 3.43 and EUR 7.48 per kilogram or between EUR 1.56 and EUR 3.39 per pound(lb) in Berlin and Leipzig.
Wholesale prices
In 2024, the approximate wholesale price range for Germany peanut (groundnuts) is between US$ 2.60 and US$ 5.67 per kilogram or between US$ 1.18 and US$ 2.57 per pound(lb).
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Germany Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from Germany has seen a steady increase over the last five years. In 2017, the price was 3.04 US $ per kg, and in 2021 it was 3.37 US $ per kg. This represents an increase of 10.7%. The highest price was in 2021 at 3.37 US $ per kg, and the lowest was in 2015 at 2.73 US $ per kg. Based on the current trend, it is predicted that the export price per kilogram of Peanut (Groundnuts) from Germany will be 3.45 US $ per kg in 2023 and 3.53 US $ per kg in 2024.The peanut (groundnuts) exports from Germany are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
Germany Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnuts) into Germany has seen a fluctuating trend over the last five years. In 2012, the price was 3.45 US dollars per kg, which decreased to 3.30 US dollars per kg in 2013. The price further dropped to 3.23 US dollars per kg in 2014 and 2.73 US dollars per kg in 2015. In 2016, the price increased slightly to 2.76 US dollars per kg, followed by a further increase to 3.04 US dollars per kg in 2017. The price then dropped to 3.07 US dollars per kg in 2018 and 3.03 US dollars per kg in 2019. In 2020, the price increased to 3.16 US dollars per kg and further increased to 3.37 US dollars per kg in 2021. The price then dropped to 3.11 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Peanut (Groundnuts) into Germany will be 3.25 US dollars per kg in 2023 and 3.17 US dollars per kg in 2024.Export values for Germany peanut (groundnuts)
The total values in export for peanut (groundnuts) in Germany were US$ 87,532, US$ 103,307, US$ 91,052 and US$ 78,961 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts and Oil Seeds category in Germany: Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across Europe: Georgia peanut (groundnuts), Albania peanut (groundnuts), Belarus peanut (groundnuts), Bosnia and Herzegovina peanut (groundnuts), Bulgaria peanut (groundnuts), Croatia peanut (groundnuts), Czech Republic peanut (groundnuts), Estonia peanut (groundnuts), Greece peanut (groundnuts) & Hungary peanut (groundnuts).
Germany peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
The volume of peanut (groundnuts) shipped by Germany in 2020 was 25,762 tons. In 2019 Germany exported 26,064 tonnes of peanut (groundnuts). Through 2019 alone, the interest in Germany peanut (groundnuts) (nuts and oil seeds category) has decreased, recording a change of -12.21 per cent compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports decreased by -23.41 pc bringing Germany US$78.96m for the year 2019. Germany's peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Germany peanut (groundnuts) export values
In 2019, Germany exported peanut (groundnuts) with a value of 78.96m USD, a decrease of -13.28% from 2018's total peanut (groundnuts) export of 91.052m USD. The annual reduction in value of Germany peanut (groundnuts) between 2017 to 2018 was -11.863 pc.
The per year change in the volume of Germany's peanut (groundnuts) exports between 2017 and 2019 was -23.41 percent when compared to a variation of -12.21% in the growth rate between 2018 and 2019.
Germany's portion of the world's total peanut (groundnuts)'s exports in 2019 was 1.4 percent. Germany is ranked position 12 in world exports of peanut (groundnuts).
Export markets for Germany peanut (groundnuts) ( in '000$ )
Germany's top destinations for peanut (groundnuts) are France, the Netherlands, Austria, Belgium and United Kingdom (UK).
Import/Export Trends
Germany is a net importer of peanut (groundnuts). The annual growth of Germany peanut (groundnuts) in value between 2015 to 2019 was -16%, per annum, while annual growth in quantity for the same period was -18%, per annum.
Germany imported 38,770 tonnes of peanut (groundnuts) in 2019.