What is the price of groundnuts (peanuts) per kilogram/pound in Lebanon today?
The retail price range for Lebanon groundnuts (peanuts) is between US$ 0.77 and US$ 1.15 per kilogram or between US$ 0.35 and US$ 0.52 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Lebanon
The retail price range in Lebanese Pound for groundnuts (peanuts) is between LBP 11,661.82 and LBP 17,492.73 per kilogram or between LBP 5,288.81 and LBP 7,933.21 per pound(lb) in Beirut and Sidon.
Wholesale prices
In 2024, the approximate wholesale price range for Lebanon groundnuts (peanuts) is between US$ 0.54 and US$ 0.81 per kilogram or between US$ 0.24 and US$ 0.37 per pound(lb).
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Lebanon Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Lebanon over the last five years has been quite volatile. In 2017, the price was 1.73 US $ per kg, which was the highest in the five year period. This was followed by a decrease to 1.59 US $ per kg in 2018. In 2019, the price increased to 1.76 US $ per kg, and then further increased to 2.06 US $ per kg in 2020. The latest year, 2021, saw a decrease to 1.55 US $ per kg. Based on this data, it is likely that the export price per kilogram of Groundnuts (Peanuts) from Lebanon will remain around the 1.55 US $ per kg mark in 2023 and 2024.The Lebanon groundnuts (peanuts) exports are classified as:
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnut seed, for sowing (HS code 120230)
Lebanon Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into Lebanon over the last five years has been relatively stable. In 2017, the price was $1.73, followed by $1.59 in 2018, $1.76 in 2019, $2.06 in 2020, and $1.55 in 2021. This indicates that the price has been fluctuating between $1.50 and $2.00 over the last five years. Looking ahead, we can predict that the import price per kilogram of Groundnuts (Peanuts) into Lebanon will remain in the same range in the next two years, with an estimated price of $1.70 for 2022 and $1.75 for 2023.Export values for Lebanon groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Lebanon were US$ 335, US$ 116, US$ 366 and US$ 209 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Lebanon: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of groundnuts (peanuts) in other countries across Middle East: Bahrain groundnuts (peanuts), Cyprus groundnuts (peanuts), Iraq groundnuts (peanuts), Israel groundnuts (peanuts), Jordan groundnuts (peanuts), Kuwait groundnuts (peanuts), Lebanon groundnuts (peanuts), Palestine groundnuts (peanuts), Oman groundnuts (peanuts) & Qatar groundnuts (peanuts).
Lebanon groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon shipped 119 tonnes of groundnuts (peanuts). In 2019 alone, the interest in Lebanon groundnuts (peanuts) (nuts category) has gone down, flactuating by -48.261 percent compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports increased by 77.61 percent netting the country US$0.21m for the year 2019. Lebanon's groundnuts (peanuts) exports are categorised as:
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
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Lebanon groundnuts (peanuts) export values
In 2019, Lebanon shipped groundnuts (peanuts) costing 0.21m USD, a reduction of -42.62% from 2018's total groundnuts (peanuts) export of 0.366m USD. The yearly change in value of Lebanon groundnuts (peanuts) between 2017 to 2018 was 215.517 per cent.
The annual variation in the amount of Lebanon's groundnuts (peanuts) exports between 2017 and 2019 was 77.61 pc in comparison to a variation of -48.261% in the period between 2018 and 2019.
Export markets for Lebanon groundnuts (peanuts) ( in '000$ )
Lebanon's best performing export markets for groundnuts (peanuts) are Belgium, the Netherlands, Ghana, France and Saudi Arabia.
Lebanon bought 9,354 tonnes of groundnuts (peanuts) in 2019.