What is the price of peanut (groundnuts) per kilogram/pound in Norway today?
The retail price range for Norway peanut (groundnuts) is between US$ 2.87 and US$ 4.79 per kilogram or between US$ 1.30 and US$ 2.17 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in Norway
The retail price range in Norwegian Krone for peanut (groundnuts) is between NOK 31.44 and NOK 52.47 per kilogram or between NOK 14.26 and NOK 23.80 per pound(lb) in Oslo and Bergen.
Wholesale prices
In 2024, the approximate wholesale price range for Norway peanut (groundnuts) is between US$ 2.01 and US$ 3.35 per kilogram or between US$ 0.91 and US$ 1.52 per pound(lb).
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Norway Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from Norway has seen a significant fluctuation over the last five years. In 2012, the export price was 4.40 US $ per kg, which decreased to 4.07 US $ per kg in 2013. The price dropped further to 3.29 US $ per kg in 2014 and 2.46 US $ per kg in 2015. In 2016, the export price was the lowest at 0.25 US $ per kg. However, the price increased to 0.97 US $ per kg in 2017 and 10.05 US $ per kg in 2018. In 2019, the export price was 0.56 US $ per kg and in 2020, it was 3.33 US $ per kg. The export price was the highest in 2021 at 43.67 US $ per kg. In 2022, the export price was 0.00 US $ per kg. Based on the data, it is predicted that the export price of Peanut (Groundnuts) from Norway in 2023 will be around 4.00 US $ per kg and in 2024, it will be around 2.00 US $ per kg.The peanut (groundnuts) exports from Norway are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
Norway Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
Export values for Norway peanut (groundnuts)
The total values in export for peanut (groundnuts) in Norway were US$ 3,253, US$ 227, US$ 101 and US$ 221 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 Norway: Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across Europe: Georgia peanut (groundnuts), Albania peanut (groundnuts), Belarus peanut (groundnuts), Bosnia and Herzegovina peanut (groundnuts), Bulgaria peanut (groundnuts), Croatia peanut (groundnuts), Czech Republic peanut (groundnuts), Estonia peanut (groundnuts), Greece peanut (groundnuts) & Hungary peanut (groundnuts).
Norway peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
The quantity of peanut (groundnuts) exported by Norway in 2020 was 6 tons. In 2019 Norway shipped 43 tonnes of peanut (groundnuts). In 2019 alone, the interest in Norway peanut (groundnuts) (nuts and oil seeds category) has escalated, recording a change of 95.455 percent compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports went down by -58.65% netting the nation US$0.22m for the year 2019. Norway's peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Norway peanut (groundnuts) export values
In 2019, Norway sold peanut (groundnuts) worth 0.22m USD, a surge of 117.82% from 2018's total peanut (groundnuts) export of 0.101m USD. The annual growth in value of Norway peanut (groundnuts) between 2017 to 2018 was -55.507 per cent.
The per year change in the volume of Norway's peanut (groundnuts) exports between 2017 and 2019 was -58.65% in comparison to a variation of 95.455% in the period between 2018 and 2019.
Norway's share of the world's total peanut (groundnuts)'s exports in 2019 was less than 1%. The country is ranked number 45 in world exports of peanut (groundnuts).
Export markets for Norway peanut (groundnuts) ( in '000$ )
Norway's leading export markets for peanut (groundnuts) are Sweden, Finland, Denmark, Spain and the Netherlands.
Import/Export Trends
Norway is a net importer of peanut (groundnuts). The annual growth of Norway peanut (groundnuts) in value between 2015 to 2019 was -56%, per year, while annual growth in quantity for the same period was -53%, per annum.
Norway brought in 2,349 tonnes of peanut (groundnuts) in 2019.