What is the price of groundnuts (peanuts) per kilogram/pound in Ethiopia today?
The retail price range for Ethiopia groundnuts (peanuts) is between US$ 0.69 and US$ 2.18 per kilogram or between US$ 0.31 and US$ 0.99 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Ethiopia
The retail price range in Ethiopian Birr for groundnuts (peanuts) is between ETB 37.58 and ETB 118.11 per kilogram or between ETB 17.04 and ETB 53.56 per pound(lb) in Addis Ababa and Dire Dawa.
Wholesale prices
In 2024, the approximate wholesale price range for Ethiopia groundnuts (peanuts) is between US$ 0.48 and US$ 1.52 per kilogram or between US$ 0.22 and US$ 0.69 per pound(lb).
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Ethiopia Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Ethiopia over the last five years has been relatively stable. In 2017, the price was 1.01 US$ per kg, and in 2018 it dropped slightly to 1.00 US$ per kg. In 2019, the price increased to 1.06 US$ per kg, and in 2020 it rose further to 1.29 US$ per kg. In 2021, the price dropped back to 1.03 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Groundnuts (Peanuts) from Ethiopia in 2023 will be 1.05 US$ per kg, and in 2024 it will be 1.07 US$ per kg.The exports of groundnuts (peanuts) from Ethiopia 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)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnut seed, for sowing (HS code 120230)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
Ethiopia Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into Ethiopia has been relatively stable over the last five years. In 2012, the price was $1.21, and in 2013 it decreased to $1.11. In 2014, the price dropped to $0.96, before increasing to $1.01 in 2015 and 2016. The price remained at $1.01 in 2017 and 2018, before increasing to $1.06 in 2019 and $1.29 in 2020. The price then decreased to $1.03 in 2021. Based on this trend, it is predicted that the import price per kilogram of Groundnuts (Peanuts) into Ethiopia will be $1.03 in 2023 and $1.06 in 2024.Export values for Ethiopia groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Ethiopia were US$ 132, US$ 158, US$ 74 and US$ 63,809 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Ethiopia: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of groundnuts (peanuts) in other countries across Africa: Algeria groundnuts (peanuts), Angola groundnuts (peanuts), Botswana groundnuts (peanuts), Burundi groundnuts (peanuts), Cameroon groundnuts (peanuts), Cape Verde groundnuts (peanuts), Central African Republic groundnuts (peanuts), Comoros groundnuts (peanuts), DRC Congo groundnuts (peanuts) & Benin groundnuts (peanuts).
Ethiopia groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ethiopia exported 88,460 tonnes of groundnuts (peanuts). Through 2019 alone, the market for Ethiopia groundnuts (peanuts) (nuts category) has gone up, changing by 121078.082 per cent compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports went up by 56243.95 percent netting the nation US$63.81m for the year 2019. Ethiopia's groundnuts (peanuts) exports are classified as:
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
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Ethiopia groundnuts (peanuts) export values
In 2019, Ethiopia supplied groundnuts (peanuts) worth 63.81m USD, a growth of 86,129.73% from 2018's total groundnuts (peanuts) export of 0.074m USD. The yearly growth in value of Ethiopia groundnuts (peanuts) between 2017 to 2018 was -53.165 per cent.
The yearly variation in the quantity of Ethiopia's groundnuts (peanuts) exports between 2017 and 2019 was 56243.95 per cent compared to a variation of 121078.082% in the period between 2018 and 2019.
Export markets for Ethiopia groundnuts (peanuts) ( in '000$ )
Ethiopia's best performing destinations for groundnuts (peanuts) are China, Indonesia, Djibouti, Yemen and Turkey.
Ethiopia imported 1,375 tonnes of groundnuts (peanuts) in 2019.