What is the price of peanut (groundnuts) per kilogram/pound in Indonesia today?
The retail price range for Indonesia peanut (groundnuts) is between US$ 0.72 and US$ 1.43 per kilogram or between US$ 0.32 and US$ 0.65 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in Indonesia
The retail price range in Rupiah for peanut (groundnuts) is between IDR 11,940.00 and IDR 23,880.00 per kilogram or between IDR 5,414.97 and IDR 10,829.93 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia peanut (groundnuts) is between US$ 0.50 and US$ 1.00 per kilogram or between US$ 0.23 and US$ 0.45 per pound(lb).
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Indonesia Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from Indonesia has seen a steady increase over the last five years. In 2017, the price was at its highest at 3.35 US $ per kg, followed by 3.19 US $ per kg in 2018. In 2019, the price dropped to 2.97 US $ per kg, but then rose again to 3.17 US $ per kg in 2020 and 3.27 US $ per kg in 2021. The latest data shows that the export price per kilogram of Peanut (Groundnuts) from Indonesia is 3.56 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Peanut (Groundnuts) from Indonesia will be 3.76 US $ per kg in 2023 and 3.96 US $ per kg in 2024.The Indonesia peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
Indonesia Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnuts) into Indonesia has seen a steady increase over the last five years. In 2017, the price was recorded at $3.35, followed by a slight dip to $3.19 in 2018. However, the price has since recovered and in 2020, it was recorded at $3.17. The highest price was recorded in 2022 at $3.56. Based on the trend, it is expected that the import price per kilogram of Peanut (Groundnuts) into Indonesia will continue to increase in the coming years. Predicted prices for 2023 and 2024 are $3.67 and $3.78 respectively.Export values for Indonesia peanut (groundnuts)
The total values in export for peanut (groundnuts) in Indonesia were US$ 10,623, US$ 10,672, US$ 9,975 and US$ 8,221 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 Indonesia: 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).
Indonesia peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 2,769 tonnes of peanut (groundnuts). Across 2019 alone, the market for Indonesia peanut (groundnuts) (nuts and oil seeds category) has gone down, changing by -11.449 % compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports went down by -13.14 percent earning Indonesia US$8.22m for the year 2019. Indonesia's peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Indonesia peanut (groundnuts) export values
In 2019, Indonesia sold peanut (groundnuts) costing 8.22m USD, a contraction of -17.59% from 2018's total peanut (groundnuts) export of 9.975m USD. The annual reduction in value of Indonesia peanut (groundnuts) between 2017 to 2018 was -6.531 per cent.
The annual change in the volume of Indonesia's peanut (groundnuts) exports between 2017 and 2019 was -13.14 percent in comparison to a variation of -11.449% in the period between 2018 and 2019.
Indonesia's stake of the world's total peanut (groundnuts)'s exports in 2019 was less than 1%. Indonesia is ranked position 25 in world exports of peanut (groundnuts).
Export markets for Indonesia peanut (groundnuts) ( in '000$ )
Indonesia's top export markets for peanut (groundnuts) are Malaysia, Australia, US, South Korea and Singapore.
Import/Export Trends
Indonesia is a net importer of peanut (groundnuts). The annual growth of Indonesia peanut (groundnuts) in value between 2015 to 2019 was 13%, per annum, while annual growth in quantity through the same period was 17%, per annum.
Indonesia procured 3,126 tonnes of peanut (groundnuts) in 2019.
Production
The production of peanut (groundnuts) in Indonesia was 276,452 tonnes in 2019 and is estimated to change by an average of -26.25%. The country had an estimated 267,295.00 hectares under peanut (groundnuts) cultivation.