What is the price of groundnuts (peanuts) per kilogram/pound in Lao (Laos) today?
The retail price range for Lao (Laos) groundnuts (peanuts) is between US$ 0.36 and US$ 0.65 per kilogram or between US$ 0.16 and US$ 0.30 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Lao (Laos)
The retail price range in Lao kip for groundnuts (peanuts) is between LAK 7,193.54 and LAK 13,026.14 per kilogram or between LAK 3,262.38 and LAK 5,907.55 per pound(lb) in Vientiane and Pakse (Pakxe).
Wholesale prices
In 2024, the approximate wholesale price range for Lao (Laos) groundnuts (peanuts) is between US$ 0.25 and US$ 0.46 per kilogram or between US$ 0.11 and US$ 0.21 per pound(lb).
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Lao (Laos) Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Lao (Laos) has seen a significant fluctuation over the past five years. In 2016, the export price was at its highest at 3.35 US $ per kg, before dropping to 1.46 US $ per kg in 2017. The price then continued to decline, reaching its lowest point of 0.5 US $ per kg in 2020. In 2021, the export price per kilogram of Groundnuts (Peanuts) from Lao (Laos) was 0.53 US $ per kg. Based on the data, it is predicted that the export price per kilogram of Groundnuts (Peanuts) from Lao (Laos) will remain relatively stable in the next two years, with prices of 0.53 US $ per kg in 2023 and 0.54 US $ per kg in 2024.Lao (Laos) Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into Lao (Laos) over the last five years has been quite volatile. In 2016, the price was at its highest at $3.35 per kg, before dropping to $1.46 in 2017. The price then decreased further to $1.34 in 2018 and $0.67 in 2019. In 2020, the price dropped to its lowest at $0.50 per kg, before increasing slightly to $0.53 in 2021. Looking ahead, it is likely that the import price of Groundnuts (Peanuts) into Lao (Laos) will remain relatively stable in the next two years. We predict that the price will remain at $0.53 per kg in 2023 and 2024.Export values for Lao (Laos) groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Lao (Laos) were US$ 14,788, US$ 3,577, US$ 5,234 and US$ 7,559 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Lao (Laos): 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).
Lao (Laos) groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lao (Laos) exported 14,817 tonnes of groundnuts (peanuts). For 2019 alone, the interest in Lao (Laos) groundnuts (peanuts) (nuts category) has surged, flactuating by 279.631 percent compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports increased by 506.26 pc bringing Lao (Laos) US$7.56m for the year 2019. Lao (Laos)'s groundnuts (peanuts) exports are categorised as:
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnut seed, for sowing (HS code 120230)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
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Lao (Laos) groundnuts (peanuts) export values
In 2019, Lao (Laos) supplied groundnuts (peanuts) costing 7.56m USD, a growth of 44.44% from 2018's total groundnuts (peanuts) export of 5.234m USD. The yearly change in value of Lao (Laos) groundnuts (peanuts) between 2017 to 2018 was 46.324 pc.
The annual/yearly variation in the volume of Lao (Laos)'s groundnuts (peanuts) exports between 2017 and 2019 was 506.26 per cent compared to a variation of 279.631% in the period between 2018 and 2019.
Export markets for Lao (Laos) groundnuts (peanuts) ( in '000$ )
Lao (Laos) bought 320 tonnes of groundnuts (peanuts) in 2019.