What is the price of groundnuts (peanuts) per kilogram/pound in India today?
The retail price range for India groundnuts (peanuts) is between US$ 0.73 and US$ 2.39 per kilogram or between US$ 0.33 and US$ 1.09 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in India
The retail price range in Indian Rupee for groundnuts (peanuts) is between INR 60.26 and INR 198.22 per kilogram or between INR 27.33 and INR 89.90 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India groundnuts (peanuts) is between US$ 0.51 and US$ 1.67 per kilogram or between US$ 0.23 and US$ 0.76 per pound(lb).
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India Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from India over the last five years has seen a steady decline. In 2012, the export price was 2.72 US dollars per kilogram, which dropped to 1.1 US dollars per kilogram in 2013. This trend continued until 2018, when the export price reached its lowest point of 0.97 US dollars per kilogram. Since then, the export price has seen a slight increase, reaching 1.1 US dollars per kilogram in 2020 and 1.22 US dollars per kilogram in 2021. Based on this trend, it is predicted that the export price of Groundnuts (Peanuts) from India will be 1.17 US dollars per kilogram in 2023 and 1.25 US dollars per kilogram in 2024.The groundnuts (peanuts) exports from India 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)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
India Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into India has seen a steady decline over the past five years. In 2017, the price was $1.07, followed by $0.97 in 2018, $1.06 in 2019, $1.10 in 2020, and $1.22 in 2021. This indicates a downward trend in the import price of Groundnuts (Peanuts) into India. Based on this trend, it is predicted that the import price per kilogram of Groundnuts (Peanuts) into India in 2023 will be $1.09 and in 2024 will be $1.00.Export values for India groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in India were US$ 720,738, US$ 676,621, US$ 457,559 and US$ 618,957 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in India: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of groundnuts (peanuts) in other countries across Asia: Kazakhstan groundnuts (peanuts), Kyrgyzstan groundnuts (peanuts), Tajikistan groundnuts (peanuts), Turkmenistan groundnuts (peanuts), Uzbekistan groundnuts (peanuts), China groundnuts (peanuts), Hong Kong groundnuts (peanuts), Macao groundnuts (peanuts), North Korea groundnuts (peanuts) & Mongolia groundnuts (peanuts).
India groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 India shipped 585,075 tonnes of groundnuts (peanuts). For 2019 alone, the market for India groundnuts (peanuts) (nuts category) has gone up, recording a change of 24.158 % compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports went down by -7.61 pc earning the exporter US$618.96m for the year 2019. India's groundnuts (peanuts) exports are categorised as:
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
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India groundnuts (peanuts) export values
In 2019, India supplied groundnuts (peanuts) costing 618.96m USD, a growth of 35.27% from 2018's total groundnuts (peanuts) export of 457.559m USD. The annual change in value of India groundnuts (peanuts) between 2017 to 2018 was -32.376%.
The yearly change in the volume of India's groundnuts (peanuts) exports between 2017 and 2019 was -7.61 pc when compared to a variation of 24.158% in the growth rate between 2018 and 2019.
Export markets for India groundnuts (peanuts) ( in '000$ )
India's top destinations for groundnuts (peanuts) are the Netherlands, South Africa, Russia, Iraq and Ethiopia.
India brought in 585,075 tonnes of groundnuts (peanuts) in 2019.