What is the price of groundnuts (peanuts) per kilogram/pound in South Africa today?
The retail price range for South Africa groundnuts (peanuts) is between US$ 5.85 and US$ 10.73 per kilogram or between US$ 2.65 and US$ 4.86 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in South Africa
The retail price range in Rand for groundnuts (peanuts) is between ZAR 113.66 and ZAR 208.37 per kilogram or between ZAR 51.55 and ZAR 94.50 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa groundnuts (peanuts) is between US$ 4.10 and US$ 7.51 per kilogram or between US$ 1.86 and US$ 3.40 per pound(lb).
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South Africa Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
In 2021 the export price was 4.24 US$ per Kg. In 2020 the export price was 7.23 US$ per Kg, in 2019 the export price was 6.27 US$ per Kg, in 2018 the export price was 9.1 US$ per Kg, and in 2017 the export price was 6.44 US$ per Kg. For 2023, the predicted export price is 9.24 US$ per Kg.
The groundnuts (peanuts) exports from South Africa are classified as:
- 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)
- 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)
South Africa Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into South Africa over the last five years has been relatively stable. In 2017, the price was $1.32, followed by a slight decrease to $1.07 in 2018. In 2019, the price dropped to $0.90, before increasing to $1.10 in 2020. The price then rose to $1.31 in 2021, before dropping to $1.18 in 2022. Based on the data, it is predicted that the import price per kilogram of Groundnuts (Peanuts) into South Africa will remain relatively stable in the next two years. It is expected that the price will be $1.25 in 2023 and $1.20 in 2024.Export values for South Africa groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in South Africa were US$ 10,704, US$ 12,511, US$ 12,914 and US$ 10,496 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in South Africa: 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).
South Africa groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa shipped 2,679,799 tonnes of groundnuts (peanuts). For the year 2019 alone, the demand for South Africa groundnuts (peanuts) (nuts category) has improved, with a change of 37.796 % compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports increased by 28.45 pc bringing South Africa US$10.50m for the year 2019. South Africa's groundnuts (peanuts) exports are classified as:
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnut seed, for sowing (HS code 120230)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
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South Africa groundnuts (peanuts) export values
In 2019, South Africa sold groundnuts (peanuts) with a value of 10.50m USD, a reduction of -18.69% from 2018's total groundnuts (peanuts) export of 12.914m USD. The annual change in value of South Africa groundnuts (peanuts) between 2017 to 2018 was 3.221 per cent.
The per year variation in the volume of South Africa's groundnuts (peanuts) exports between 2017 and 2019 was 28.45 percent compared to a variation of 37.796% in the period between 2018 and 2019.
Export markets for South Africa groundnuts (peanuts) ( in '000$ )
South Africa's leading destinations for groundnuts (peanuts) are Japan, Belgium, United Arab Emirates (UAE), Saudi Arabia and Swaziland (Eswatini).
South Africa procured 40,977 tonnes of groundnuts (peanuts) in 2019.