What is the price of peanut (groundnuts) per kilogram/pound in Canada today?
The retail price range for Canada peanut (groundnuts) is between US$ 4.05 and US$ 9.56 per kilogram or between US$ 1.84 and US$ 4.34 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in Canada
The retail price range in Canadian Dollar for peanut (groundnuts) is between CAD 5.47 and CAD 12.91 per kilogram or between CAD 2.48 and CAD 5.85 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada peanut (groundnuts) is between US$ 2.84 and US$ 6.69 per kilogram or between US$ 1.29 and US$ 3.04 per pound(lb).
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Canada Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from Canada has seen a steady decline over the last five years. In 2021, the price was at its lowest point of 3.35 US $ per kg. Since then, the price has increased slightly to 3.44 US $ per kg in 2022. Looking ahead, we can predict that the export price of Peanut (Groundnuts) from Canada will remain relatively stable, with an estimated price of 3.39 US $ per kg in 2023 and 3.41 US $ per kg in 2024.The exports of peanut (groundnuts) from Canada are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
Canada Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnuts) into Canada has seen a steady decline over the last five years. In 2012, the price was 3.99 US dollars per kg, and by 2021, it had dropped to 3.35 US dollars per kg. This represents a 16% decrease in the price over the period. The price has been relatively stable since 2021, with a slight increase to 3.44 US dollars per kg in 2022. Based on this trend, it is likely that the price of Peanut (Groundnuts) into Canada will remain relatively stable in the next two years, with a predicted price of 3.43 US dollars per kg in 2023 and 3.42 US dollars per kg in 2024.Export values for Canada peanut (groundnuts)
The total values in export for peanut (groundnuts) in Canada were US$ 67,959, US$ 69,880, US$ 70,473 and US$ 74,228 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 Canada: Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across North America: Canada peanut (groundnuts), US peanut (groundnuts), Anguilla peanut (groundnuts), Antigua and Barbuda peanut (groundnuts), Bermuda peanut (groundnuts), Bonaire, Sint Eustatius and Saba peanut (groundnuts), St.Pierre and Miquelon peanut (groundnuts), United States Minor Outlying Islands peanut (groundnuts), Cayman Islands peanut (groundnuts) & Greenland peanut (groundnuts).
Canada peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
The quantity of peanut (groundnuts) shipped by Canada in 2020 was 23,078 tons. In 2019 Canada exported 21,838 tonnes of peanut (groundnuts). For the year 2019 alone, the market for Canada peanut (groundnuts) (nuts and oil seeds category) has escalated, recording a change of 4.1 % compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports grew by 8.53% netting the exporter US$74.23m for the year 2019. Canada's peanut (groundnuts) exports are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Canada peanut (groundnuts) export values
In 2019, Canada shipped peanut (groundnuts) costing 74.23m USD, a surge of 5.33% from 2018's total peanut (groundnuts) export of 70.473m USD. The annual growth in value of Canada peanut (groundnuts) between 2017 to 2018 was 0.8485976 percent.
The annual/yearly change in the volume of Canada's peanut (groundnuts) exports between 2017 and 2019 was 8.53 pc compared to a variation of 4.1% in the period between 2018 and 2019.
Canada's stake of the world's total peanut (groundnuts)'s exports in 2019 was 11.6 percent. Canada holds position 3 in world exports of peanut (groundnuts).
Export markets for Canada peanut (groundnuts) ( in '000$ )
Canada's leading export markets for peanut (groundnuts) are US, United Kingdom (UK), Australia, Japan and Saudi Arabia.
Import/Export Trends
Canada is a net exporter of peanut (groundnuts). The annual growth of Canada peanut (groundnuts) in value between 2015 to 2019 was -1%, per year, while annual growth in quantity through the same period was -7%, per annum.
Canada ordered 31,216 tonnes of peanut (groundnuts) in 2019.