What is the price of groundnuts (peanuts) per kilogram/pound in Malawi today?
The retail price range for Malawi groundnuts (peanuts) is between US$ 0.98 and US$ 2.93 per kilogram or between US$ 0.44 and US$ 1.33 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Malawi
The retail price range in Malawi Kwacha for groundnuts (peanuts) is between MWK 1,007.32 and MWK 3,021.96 per kilogram or between MWK 456.83 and MWK 1,370.50 per pound(lb) in Lilongwe and Blantyre.
Wholesale prices
In 2024, the approximate wholesale price range for Malawi groundnuts (peanuts) is between US$ 0.68 and US$ 2.05 per kilogram or between US$ 0.31 and US$ 0.93 per pound(lb).
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Malawi Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Malawi over the last five years has seen a steady increase. In 2017, the price was 0.90 US$ per kg, and in 2021 it was 1.13 US$ per kg. This represents an increase of 25.6%. The highest price was in 2014, when it was 1.30 US$ per kg. The lowest price was in 2010, when it was 0.27 US$ per kg. Based on the current trend, it is predicted that the export price per kilogram of Groundnuts (Peanuts) from Malawi in 2023 will be 1.25 US$ per kg and in 2024 will be 1.38 US$ per kg.The groundnuts (peanuts) exports from Malawi are categorised as:
- 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)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
Malawi Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into Malawi over the last five years has been relatively stable. In 2017, the price was 0.90 US$ per kg, followed by 0.81 US$ per kg in 2018. In 2019, the price increased slightly to 0.84 US$ per kg, and then to 0.85 US$ per kg in 2020. The highest price was recorded in 2021, at 1.13 US$ per kg. Based on this data, it is likely that the import price per kilogram of Groundnuts (Peanuts) into Malawi will remain relatively stable in the next two years, with an estimated price of 0.90 US$ per kg in 2023 and 0.95 US$ per kg in 2024.Export values for Malawi groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Malawi were US$ 10,667, US$ 19,729, US$ 15,567 and US$ 40,282 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Malawi: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of groundnuts (peanuts) in other countries across Africa: Algeria groundnuts (peanuts), Angola groundnuts (peanuts), Botswana groundnuts (peanuts), Burundi groundnuts (peanuts), Cameroon groundnuts (peanuts), Cape Verde groundnuts (peanuts), Central African Republic groundnuts (peanuts), Comoros groundnuts (peanuts), DRC Congo groundnuts (peanuts) & Benin groundnuts (peanuts).
Malawi groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Malawi sold 48,102 tonnes of groundnuts (peanuts). Across 2019 alone, the market for Malawi groundnuts (peanuts) (nuts category) has gone up, with a change of 149.427 per cent compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports increased by 119.16% earning the country US$40.28m for the year 2019. Malawi's groundnuts (peanuts) exports are classified as:
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
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Malawi groundnuts (peanuts) export values
In 2019, Malawi exported groundnuts (peanuts) with a value of 40.28m USD, an increase of 158.75% from 2018's total groundnuts (peanuts) export of 15.567m USD. The annual change in value of Malawi groundnuts (peanuts) between 2017 to 2018 was -21.096%.
The annual/yearly change in the volume of Malawi's groundnuts (peanuts) exports between 2017 and 2019 was 119.16 percent when compared to a variation of 149.427% in the growth rate between 2018 and 2019.
Export markets for Malawi groundnuts (peanuts) ( in '000$ )
Malawi's top destinations for groundnuts (peanuts) are Tanzania, Indonesia, Ghana, Botswana and Angola.
Malawi purchased 260 tonnes of groundnuts (peanuts) in 2019.