What is the price of peanut (groundnuts) per kilogram/pound in Kenya today?
The retail price range for Kenya peanut (groundnuts) is between US$ 0.77 and US$ 1.45 per kilogram or between US$ 0.35 and US$ 0.66 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in Kenya
The retail price range in Kenyan Shilling for peanut (groundnuts) is between KES 107.48 and KES 201.52 per kilogram or between KES 48.74 and KES 91.39 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya peanut (groundnuts) is between US$ 0.54 and US$ 1.02 per kilogram or between US$ 0.25 and US$ 0.46 per pound(lb).
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Kenya Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from Kenya over the last five years has seen a steady decline. In 2017, the price was 1.50 US $ per kg, followed by 2.00 US $ per kg in 2018. In 2019, the price dropped to 1.86 US $ per kg and further decreased to 1.69 US $ per kg in 2020. 2021 saw a slight increase to 2.46 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Peanut (Groundnuts) from Kenya in 2023 will be around 1.90 US $ per kg and in 2024 will be around 1.80 US $ per kg.The Kenya peanut (groundnuts) exports are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
Kenya Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnuts) into Kenya over the last five years has been quite volatile. In 2016, the price was at its lowest at $1.56 per kg, before rising to $2.00 per kg in 2018. However, the price dropped again in 2019 to $1.86 per kg, before increasing to $2.46 per kg in 2021. Based on this data, it is likely that the import price per kilogram of Peanut (Groundnuts) into Kenya will remain around the $2.46 mark in 2023 and 2024.Export values for Kenya peanut (groundnuts)
The total values in export for peanut (groundnuts) in Kenya were US$ 14, US$ 9, US$ 4 and US$ 95 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 Kenya: Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across Africa: Algeria peanut (groundnuts), Angola peanut (groundnuts), Botswana peanut (groundnuts), Burundi peanut (groundnuts), Cameroon peanut (groundnuts), Cape Verde peanut (groundnuts), Central African Republic peanut (groundnuts), Comoros peanut (groundnuts), DRC Congo peanut (groundnuts) & Benin peanut (groundnuts).
Kenya peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya shipped 51 tonnes of peanut (groundnuts). For 2019 alone, the interest in Kenya peanut (groundnuts) (nuts and oil seeds category) has climbed, recording a change of 2450 percent compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports grew by 750 percent earning Kenya US$0.10m for the year 2019. Kenya's peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Kenya peanut (groundnuts) export values
In 2019, Kenya exported peanut (groundnuts) with a value of 0.10m USD, an improvement of 2,400.00% from 2018's total peanut (groundnuts) export of 0.004m USD. The yearly increase in value of Kenya peanut (groundnuts) between 2017 to 2018 was -55.556 percent.
The annual variation in the volume of Kenya's peanut (groundnuts) exports between 2017 and 2019 was 750% compared to a variation of 2450% in the period between 2018 and 2019.
Kenya's stake of the world's total peanut (groundnuts)'s exports in 2019 was less than 1%. Kenya is ranked position 68 in world exports of peanut (groundnuts).
Export markets for Kenya peanut (groundnuts) ( in '000$ )
Kenya's best performing destinations for peanut (groundnuts) are Somalia, South Sudan, DRC Congo, Egypt and Mozambique.
Import/Export Trends
Kenya is a net importer of peanut (groundnuts). The annual growth of Kenya peanut (groundnuts) in value between 2015 to 2019 was -46%, per annum, while annual growth in quantity for the same period was %, per annum.
Kenya imported 4,915 tonnes of peanut (groundnuts) in 2019.
Production
The production of peanut (groundnuts) in Kenya was 15,463 tonnes in 2019 and is forecast to change by an average of -27.52%. The country had approximately 15,965.00 hectares under peanut (groundnuts) cultivation.