What is the price of groundnuts (peanuts) per kilogram/pound in Turkey today?
The retail price range for Turkey groundnuts (peanuts) is between US$ 3.43 and US$ 5.38 per kilogram or between US$ 1.55 and US$ 2.44 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Turkey
The retail price range in Turkish Lira for groundnuts (peanuts) is between TRY 67.86 and TRY 106.63 per kilogram or between TRY 30.77 and TRY 48.36 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey groundnuts (peanuts) is between US$ 2.40 and US$ 3.77 per kilogram or between US$ 1.09 and US$ 1.71 per pound(lb).
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Turkey Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Turkey over the last five years has seen a steady decline. In 2017, the price was 2.74 US dollars per kilogram, which dropped to 1.73 US dollars per kilogram in 2018. The price then decreased further to 1.56 US dollars per kilogram in 2019 and 1.72 US dollars per kilogram in 2020. The most recent data shows that the export price per kilogram of Groundnuts (Peanuts) from Turkey is 1.15 US dollars in 2021. Based on this trend, it is predicted that the export price per kilogram of Groundnuts (Peanuts) from Turkey will be 1.33 US dollars in 2022 and 1.20 US dollars in 2023.The exports of groundnuts (peanuts) from Turkey are categorised as:
- 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)
- 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)
Turkey Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into Turkey has seen a fluctuating trend over the last five years. In 2017, the price was 2.74 US dollars per kg, which was the highest in the period. This was followed by a decrease in 2018 to 1.73 US dollars per kg. In 2019, the price further decreased to 1.56 US dollars per kg, and then increased to 1.72 US dollars per kg in 2020. The price then dropped to 1.15 US dollars per kg in 2021, before increasing to 1.33 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Groundnuts (Peanuts) into Turkey will be 1.20 US dollars in 2023 and 1.37 US dollars in 2024.Export values for Turkey groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Turkey were US$ 941, US$ 1,613, US$ 3,383 and US$ 1,714 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Turkey: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of groundnuts (peanuts) in other countries across Middle East: Bahrain groundnuts (peanuts), Cyprus groundnuts (peanuts), Iraq groundnuts (peanuts), Israel groundnuts (peanuts), Jordan groundnuts (peanuts), Kuwait groundnuts (peanuts), Lebanon groundnuts (peanuts), Palestine groundnuts (peanuts), Oman groundnuts (peanuts) & Qatar groundnuts (peanuts).
Turkey groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
The amount of groundnuts (peanuts) sold by Turkey in 2020 was 3,841 metric tonnes. In 2019 Turkey sold 882 tonnes of groundnuts (peanuts). Across 2019 alone, the demand for Turkey groundnuts (peanuts) (nuts category) has reduced, recording a change of -58.14 percent compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports went up by 35.48 pc earning the nation US$1.71m for the year 2019. Turkey's groundnuts (peanuts) exports are categorised as:
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnut seed, for sowing (HS code 120230)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
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Turkey groundnuts (peanuts) export values
In 2019, Turkey supplied groundnuts (peanuts) costing 1.71m USD, a contraction of -49.45% from 2018's total groundnuts (peanuts) export of 3.383m USD. The annual reduction in value of Turkey groundnuts (peanuts) between 2017 to 2018 was 109.733 percent.
The per year variation in the volume of Turkey's groundnuts (peanuts) exports between 2017 and 2019 was 35.48% in comparison to a variation of -58.14% in the period between 2018 and 2019.
Turkey's portion of the world's total groundnuts (peanuts)'s exports in 2019 was less than 1%. Turkey is ranked position 23 in world exports of groundnuts (peanuts).
Export markets for Turkey groundnuts (peanuts) ( in '000$ )
Turkey's top export markets for groundnuts (peanuts) are Iraq, Azerbaijan, Saudi Arabia, the Netherlands and Ukraine.
Import/Export Trends
Turkey is a net exporter of groundnuts (peanuts). The annual growth of Turkey groundnuts (peanuts) in value between 2015 to 2019 was -12%, per year, while annual growth in quantity through the same period was 37%, per annum.
Turkey bought 10,889 tonnes of groundnuts (peanuts) in 2019.