What is the price of groundnuts (peanuts) per kilogram/pound in Germany today?
The retail price range for Germany groundnuts (peanuts) is between US$ 3.12 and US$ 11.68 per kilogram or between US$ 1.41 and US$ 5.30 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Germany
The retail price range in Euro for groundnuts (peanuts) is between EUR 2.88 and EUR 10.79 per kilogram or between EUR 1.31 and EUR 4.89 per pound(lb) in Berlin and Leipzig.
Wholesale prices
In 2024, the approximate wholesale price range for Germany groundnuts (peanuts) is between US$ 2.18 and US$ 8.18 per kilogram or between US$ 0.99 and US$ 3.71 per pound(lb).
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Germany Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Germany over the last five years has seen a steady decline. In 2010, the price was 0.00 US$ per kg, and by 2015 it had dropped to 1.48 US$ per kg. Since then, the price has fluctuated, reaching a peak of 1.61 US$ per kg in 2017 before dropping to 1.45 US$ per kg in 2018. The price has since risen to 1.57 US$ per kg in 2020 and 1.60 US$ per kg in 2021. The most recent data shows the price at 1.49 US$ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Groundnuts (Peanuts) from Germany will be 1.44 US$ per kg in 2023 and 1.39 US$ per kg in 2024.The Germany groundnuts (peanuts) exports are categorised as:
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnut seed, for sowing (HS code 120230)
- 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)
Germany Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into Germany has seen a steady decline over the last five years. In 2012, the price was 2.05 US dollars per kg, and by 2016, it had dropped to 1.36 US dollars per kg. In 2017, the price saw a slight increase to 1.61 US dollars per kg, before dropping again to 1.45 US dollars per kg in 2018. The price then remained relatively stable, with 1.47 US dollars per kg in 2019 and 1.57 US dollars per kg in 2020. The most recent data shows the price at 1.60 US dollars per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Groundnuts (Peanuts) into Germany will remain relatively stable in the next two years, with an estimated price of 1.49 US dollars per kg in 2023 and 1.48 US dollars per kg in 2024.Export values for Germany groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Germany were US$ 21,978, US$ 25,481, US$ 29,268 and US$ 21,375 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Germany: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of groundnuts (peanuts) in other countries across Europe: Georgia groundnuts (peanuts), Albania groundnuts (peanuts), Belarus groundnuts (peanuts), Bosnia and Herzegovina groundnuts (peanuts), Bulgaria groundnuts (peanuts), Croatia groundnuts (peanuts), Czech Republic groundnuts (peanuts), Estonia groundnuts (peanuts), Greece groundnuts (peanuts) & Hungary groundnuts (peanuts).
Germany groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
The amount of groundnuts (peanuts) sold by Germany in 2020 was 20,043 metric tons. In 2019 Germany sold 14,585 tonnes of groundnuts (peanuts). For 2019 alone, the interest in Germany groundnuts (peanuts) (nuts category) has reduced, flactuating by -27.524 percent compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports reduced by -7.88 pc earning the country US$21.38m for the year 2019. Germany's groundnuts (peanuts) exports are classified as:
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
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Germany groundnuts (peanuts) export values
In 2019, Germany shipped groundnuts (peanuts) worth 21.38m USD, a reduction of -26.95% from 2018's total groundnuts (peanuts) export of 29.268m USD. The yearly reduction in value of Germany groundnuts (peanuts) between 2017 to 2018 was 14.862 per cent.
The annual/yearly variation in the volume of Germany's groundnuts (peanuts) exports between 2017 and 2019 was -7.88% compared to a variation of -27.524% in the period between 2018 and 2019.
Germany's share of the world's total groundnuts (peanuts)'s exports in 2019 was 1.5 per cent. The country is ranked position 9 in world exports of groundnuts (peanuts).
Export markets for Germany groundnuts (peanuts) ( in '000$ )
Germany's best performing destinations for groundnuts (peanuts) are Portugal, United Kingdom (UK), Denmark, Sweden and Ireland.
Import/Export Trends
Germany is a net importer of groundnuts (peanuts). The annual growth of Germany groundnuts (peanuts) in value between 2015 to 2019 was -7%, per annum, while annual growth in quantity during the same period was -13%, per annum.
Germany procured 122,051 tonnes of groundnuts (peanuts) in 2019.