What is the price of groundnuts (peanuts) per kilogram/pound in Norway today?
The retail price range for Norway groundnuts (peanuts) is between US$ 2.85 and US$ 4.76 per kilogram or between US$ 1.29 and US$ 2.16 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Norway
The retail price range in Norwegian Krone for groundnuts (peanuts) is between NOK 31.25 and NOK 52.15 per kilogram or between NOK 14.17 and NOK 23.65 per pound(lb) in Oslo and Bergen.
Wholesale prices
In 2024, the approximate wholesale price range for Norway groundnuts (peanuts) is between US$ 2.00 and US$ 3.33 per kilogram or between US$ 0.91 and US$ 1.51 per pound(lb).
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Norway Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Norway over the last five years has been quite varied. In 2017, the price was 0.37 US $ per kg, followed by a sharp increase to 10.82 US $ per kg in 2018. The price then dropped to 1.11 US $ per kg in 2019 and 5.16 US $ per kg in 2020. The most recent year, 2021, saw the price drop to its lowest point of 0.35 US $ per kg. Based on this data, it is likely that the export price per kilogram of Groundnuts (Peanuts) from Norway will remain relatively low in the next two years, with an estimated price of 0.35 US $ per kg in 2023 and 0.00 US $ per kg in 2024.The Norway 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)
- 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)
Norway Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
Export values for Norway groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Norway were US$ 155, US$ 109, US$ 29 and US$ 184 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Norway: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of groundnuts (peanuts) in other countries across Europe: Georgia groundnuts (peanuts), Albania groundnuts (peanuts), Belarus groundnuts (peanuts), Bosnia and Herzegovina groundnuts (peanuts), Bulgaria groundnuts (peanuts), Croatia groundnuts (peanuts), Czech Republic groundnuts (peanuts), Estonia groundnuts (peanuts), Greece groundnuts (peanuts) & Hungary groundnuts (peanuts).
Norway groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
The amount of groundnuts (peanuts) shipped by Norway in 2020 was 61 metric tonnes. In 2019 Norway shipped 101 tonnes of groundnuts (peanuts). Across 2019 alone, the market for Norway groundnuts (peanuts) (nuts category) has surged, flactuating by 494.118 pc compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports grew by 29.49 percent bringing the country US$0.18m for the year 2019. Norway's groundnuts (peanuts) exports are classified as:
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
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Norway groundnuts (peanuts) export values
In 2019, Norway shipped groundnuts (peanuts) with a value of 0.18m USD, an increase of 520.69% from 2018's total groundnuts (peanuts) export of 0.029m USD. The yearly change in value of Norway groundnuts (peanuts) between 2017 to 2018 was -73.394 percent.
The yearly variation in the volume of Norway's groundnuts (peanuts) exports between 2017 and 2019 was 29.49 pc compared to a variation of 494.118% in the period between 2018 and 2019.
Norway's portion of the world's total groundnuts (peanuts)'s exports in 2019 was less than 1%. Norway holds number 13 in world exports of groundnuts (peanuts).
Export markets for Norway groundnuts (peanuts) ( in '000$ )
Norway's best performing destinations for groundnuts (peanuts) are Sweden, the Netherlands, France, Finland and Denmark.
Import/Export Trends
Norway is a net exporter of groundnuts (peanuts). The annual growth of Norway groundnuts (peanuts) in value between 2015 to 2019 was 58%, per annum, while annual growth in quantity was 101%, per annum.
Norway brought in 7,076 tonnes of groundnuts (peanuts) in 2019.