What is the price of groundnuts (peanuts) per kilogram/pound in Niger today?
The retail price range for Niger groundnuts (peanuts) is between US$ 2.93 and US$ 5.85 per kilogram or between US$ 1.33 and US$ 2.65 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Niger
The retail price range in West African CFA franc for groundnuts (peanuts) is between XOF 1,784.09 and XOF 3,568.17 per kilogram or between XOF 809.11 and XOF 1,618.22 per pound(lb) in Niamey and Zinder.
Wholesale prices
In 2024, the approximate wholesale price range for Niger groundnuts (peanuts) is between US$ 2.05 and US$ 4.10 per kilogram or between US$ 0.93 and US$ 1.86 per pound(lb).
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Niger Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Niger over the last five years has been quite varied. In 2017, the price was 0.42 US $ per kg, which was the highest in the five year period. This was followed by a decrease in 2018 to 0.37 US $ per kg. In 2019 and 2020, the price remained steady at 0.26 US $ per kg. In 2021, the price increased to 0.35 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Groundnuts (Peanuts) from Niger in 2023 will be 0.37 US $ per kg and in 2024 will be 0.41 US $ per kg.The groundnuts (peanuts) exports from Niger are classified as:
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnut seed, for sowing (HS code 120230)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
Niger Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into Niger over the last five years has been relatively stable. In 2016, the price was 0.41 US$ per kg, followed by 0.42 US$ per kg in 2017. In 2018, the price dropped to 0.37 US$ per kg, and then further decreased to 0.26 US$ per kg in 2019 and 2020. The price then increased to 0.35 US$ per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Groundnuts (Peanuts) into Niger will be 0.36 US$ per kg in 2023 and 0.37 US$ per kg in 2024.Export values for Niger groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Niger were US$ 97, US$ 79, US$ 43 and US$ 622 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Niger: 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).
Niger groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Niger sold 2,409 tonnes of groundnuts (peanuts). Through 2019 alone, the interest in Niger groundnuts (peanuts) (nuts category) has improved, flactuating by 1994.783 per cent compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports went up by 1181.38 percent bringing Niger US$0.62m for the year 2019. Niger's groundnuts (peanuts) exports are categorised as:
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
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Niger groundnuts (peanuts) export values
In 2019, Niger supplied groundnuts (peanuts) valued at 0.62m USD, a surge of 1,341.86% from 2018's total groundnuts (peanuts) export of 0.043m USD. The yearly increase in value of Niger groundnuts (peanuts) between 2017 to 2018 was -45.57 per cent.
The annual/yearly change in the volume of Niger's groundnuts (peanuts) exports between 2017 and 2019 was 1181.38 per cent in comparison to a variation of 1994.783% in the period between 2018 and 2019.
Export markets for Niger groundnuts (peanuts) ( in '000$ )
Niger's top destinations for groundnuts (peanuts) are Benin, Burkina Faso, Togo, France and Nigeria.
Niger procured 447 tonnes of groundnuts (peanuts) in 2019.