What is the price of groundnuts (peanuts) per kilogram/pound in Iran today?
The retail price range for Iran groundnuts (peanuts) is between US$ 4.57 and US$ 7.86 per kilogram or between US$ 2.07 and US$ 3.56 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Iran
The retail price range in Iranian rial for groundnuts (peanuts) is between IRR 228,528.00 and IRR 392,782.50 per kilogram or between IRR 103,640.82 and IRR 178,132.65 per pound(lb) in Tehran and Mashhad.
Wholesale prices
In 2024, the approximate wholesale price range for Iran groundnuts (peanuts) is between US$ 3.20 and US$ 5.50 per kilogram or between US$ 1.45 and US$ 2.49 per pound(lb).
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Iran Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Iran over the last five years has been quite varied. In 2017, the price was 5.00 US $ per kg, followed by a sharp increase to 7.23 US $ per kg in 2018. However, the price dropped significantly in 2019 to 0.70 US $ per kg and then rose again to 1.25 US $ per kg in 2020. The most recent year, 2021, saw a further increase to 2.45 US $ per kg. Based on this data, it is likely that the export price per kilogram of Groundnuts (Peanuts) from Iran will continue to rise in the coming years, with an estimated price of 3.45 US $ per kg in 2023 and 4.45 US $ per kg in 2024.The Iran groundnuts (peanuts) exports are classified as:
- 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)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnut seed, for sowing (HS code 120230)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
Iran Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into Iran has seen a steady increase over the last five years. In 2016, the price was 0.85 US $ per kg, and in 2021, it was 2.45 US $ per kg. This represents an increase of 186.5% over the five-year period. The highest price was seen in 2017, when the price was 5.00 US $ per kg. This was followed by a sharp decline in 2018, when the price dropped to 7.23 US $ per kg. The price then stabilized in 2019 and 2020, at 0.7 US $ per kg and 1.25 US $ per kg respectively. Based on the current trend, it is likely that the import price per kilogram of Groundnuts (Peanuts) into Iran will continue to increase in the coming years. We can predict that the price in 2023 will be around 3.50 US $ per kg and in 2024, it will be around 4.50 US $ per kg.Export values for Iran groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Iran were US$ 39, US$ 170, US$ 1,113 and US$ 285 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Iran: 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).
Iran groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Iran shipped 631 tonnes of groundnuts (peanuts). Through 2019 alone, the interest in Iran groundnuts (peanuts) (nuts category) has improved, with a change of 309.74 percent compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports went up by 1755.88 percent earning Iran US$0.28m for the year 2019. Iran's groundnuts (peanuts) exports are categorised as:
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
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Iran groundnuts (peanuts) export values
In 2019, Iran exported groundnuts (peanuts) worth 0.28m USD, a drop of -74.84% from 2018's total groundnuts (peanuts) export of 1.113m USD. The annual change in value of Iran groundnuts (peanuts) between 2017 to 2018 was 554.706 pc.
The per year change in the quantity of Iran's groundnuts (peanuts) exports between 2017 and 2019 was 1755.88 per cent compared to a variation of 309.74% in the period between 2018 and 2019.
Export markets for Iran groundnuts (peanuts) ( in '000$ )
Iran's top export markets for groundnuts (peanuts) are Turkey, Pakistan, Azerbaijan, Canada and Armenia.
Iran procured 15,167 tonnes of groundnuts (peanuts) in 2019.