What is the price of peanut (groundnuts) per kilogram/pound in India today?
The retail price range for India peanut (groundnuts) is between US$ 2.32 and US$ 3.10 per kilogram or between US$ 1.05 and US$ 1.40 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in India
The retail price range in Indian Rupee for peanut (groundnuts) is between INR 192.48 and INR 256.64 per kilogram or between INR 87.29 and INR 116.39 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India peanut (groundnuts) is between US$ 1.63 and US$ 2.17 per kilogram or between US$ 0.74 and US$ 0.98 per pound(lb).
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India Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from India over the last five years has been relatively stable. In 2016, the export price was 1.54 US $ per kg, followed by 1.51 US $ per kg in 2017. In 2018, the export price increased to 1.55 US $ per kg, and then further increased to 1.71 US $ per kg in 2019. The highest export price was recorded in 2020, at 1.76 US $ per kg, and the most recent export price was 1.97 US $ per kg in 2021. Based on this trend, it is predicted that the export price of Peanut (Groundnuts) from India in 2023 will be around 2.17 US $ per kg, and in 2024 it will be around 2.37 US $ per kg.The exports of peanut (groundnuts) from India are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
India Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnuts) into India has been relatively stable over the last five years. In 2016, the price was 1.54 US$ per kg, followed by 1.51 US$ per kg in 2017. In 2018, the price increased to 1.55 US$ per kg and further increased to 1.71 US$ per kg in 2019. The highest price was recorded in 2020, at 1.76 US$ per kg. The price decreased slightly in 2021 to 1.97 US$ per kg. Based on this trend, it is predicted that the import price per kilogram of Peanut (Groundnuts) into India will be 2.09 US$ per kg in 2023 and 2.22 US$ per kg in 2024.Export values for India peanut (groundnuts)
The total values in export for peanut (groundnuts) in India were US$ 29,982, US$ 48,513, US$ 39,637 and US$ 58,843 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 India: Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across Asia: Kazakhstan peanut (groundnuts), Kyrgyzstan peanut (groundnuts), Tajikistan peanut (groundnuts), Turkmenistan peanut (groundnuts), Uzbekistan peanut (groundnuts), China peanut (groundnuts), Hong Kong peanut (groundnuts), Macao peanut (groundnuts), North Korea peanut (groundnuts) & Mongolia peanut (groundnuts).
India peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 India shipped 34,456 tonnes of peanut (groundnuts). For 2019 alone, the demand for India peanut (groundnuts) (nuts and oil seeds category) has escalated, with a change of 34.741 % compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports increased by 7.26 percent bringing the exporter US$58.84m for the year 2019. India's peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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India peanut (groundnuts) export values
In 2019, India shipped peanut (groundnuts) worth 58.84m USD, an increment of 48.45% from 2018's total peanut (groundnuts) export of 39.637m USD. The yearly increase in value of India peanut (groundnuts) between 2017 to 2018 was -18.296%.
The annual/yearly variation in the volume of India's peanut (groundnuts) exports between 2017 and 2019 was 7.26% when compared to a variation of 34.741% in the growth rate between 2018 and 2019.
Export markets for India peanut (groundnuts) ( in '000$ )
India's leading destinations for peanut (groundnuts) are the Netherlands, US, Norway, Saudi Arabia and United Arab Emirates (UAE).
India purchased 34,456 tonnes of peanut (groundnuts) in 2019.
Production
The production of peanut (groundnuts) in India was 6,727,180 tonnes in 2019 and is predicted to change by an average of -27.29%. The country had approximately 4,730,770.00 hectares under peanut (groundnuts) cultivation.