What is the price of peanut (groundnuts) per kilogram/pound in Egypt today?
The retail price range for Egypt peanut (groundnuts) is between US$ 0.96 and US$ 2.88 per kilogram or between US$ 0.44 and US$ 1.31 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in Egypt
The retail price range in Egyptian Pound for peanut (groundnuts) is between EGP 30.02 and EGP 90.06 per kilogram or between EGP 13.61 and EGP 40.84 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt peanut (groundnuts) is between US$ 0.67 and US$ 2.02 per kilogram or between US$ 0.30 and US$ 0.91 per pound(lb).
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Egypt Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from Egypt over the last five years has been quite varied. In 2017, the price was 2.83 US $ per kg, which increased to 3.25 US $ per kg in 2018. However, the price dropped to 2.96 US $ per kg in 2019 and then rose again to 2.98 US $ per kg in 2020. The latest data shows that the price has increased to 3.18 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Peanut (Groundnuts) from Egypt will be 3.37 US $ per kg in 2023 and 3.56 US $ per kg in 2024.The Egypt peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
Egypt Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnuts) into Egypt has seen a steady increase over the last five years. In 2017, the price was 2.83 US dollars per kg, and in 2021, it had risen to 3.18 US dollars per kg. This represents an increase of 11.7% over the five-year period. The highest price was recorded in 2018, when the import price was 3.25 US dollars per kg. The lowest price was recorded in 2012, when the import price was 2.11 US dollars per kg. Based on the current trend, it is predicted that the import price per kilogram of Peanut (Groundnuts) into Egypt will be 3.37 US dollars in 2023 and 3.56 US dollars in 2024.Export values for Egypt peanut (groundnuts)
The total values in export for peanut (groundnuts) in Egypt were US$ 1,204, US$ 689, US$ 446 and US$ 498 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 Egypt: Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across Africa: Algeria peanut (groundnuts), Angola peanut (groundnuts), Botswana peanut (groundnuts), Burundi peanut (groundnuts), Cameroon peanut (groundnuts), Cape Verde peanut (groundnuts), Central African Republic peanut (groundnuts), Comoros peanut (groundnuts), DRC Congo peanut (groundnuts) & Benin peanut (groundnuts).
Egypt peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt sold 394 tonnes of peanut (groundnuts). Through 2019 alone, the demand for Egypt peanut (groundnuts) (nuts and oil seeds category) has shrunk, flactuating by -42.816 pc compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports decreased by -53.1% bringing Egypt US$0.50m for the year 2019. Egypt's peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Egypt peanut (groundnuts) export values
In 2019, Egypt supplied peanut (groundnuts) with a value of 0.50m USD, an increment of 12.11% from 2018's total peanut (groundnuts) export of 0.446m USD. The annual increase in value of Egypt peanut (groundnuts) between 2017 to 2018 was -35.269 per cent.
The annual/yearly variation in the volume of Egypt's peanut (groundnuts) exports between 2017 and 2019 was -53.1 percent compared to a variation of -42.816% in the period between 2018 and 2019.
Export markets for Egypt peanut (groundnuts) ( in '000$ )
Egypt's best performing export markets for peanut (groundnuts) are United Kingdom (UK), the Netherlands, Switzerland, Angola and France.
Egypt brought in 240 tonnes of peanut (groundnuts) in 2019.
Production
The production of peanut (groundnuts) in Egypt was 231,223 tonnes in 2019 and is predicted to change by an average of 10.19%. The country had approximately 66,000.00 hectares under peanut (groundnuts) cultivation.