What is the price of groundnuts (peanuts) per kilogram/pound in United Arab Emirates (UAE) today?
The retail price range for United Arab Emirates (UAE) groundnuts (peanuts) is between US$ 0.93 and US$ 1.33 per kilogram or between US$ 0.42 and US$ 0.60 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in United Arab Emirates (UAE)
The retail price range in United Arab Emirates dirham for groundnuts (peanuts) is between AED 3.40 and AED 4.87 per kilogram or between AED 1.54 and AED 2.21 per pound(lb) in Abu Dhabi and Dubai.
Wholesale prices
In 2024, the approximate wholesale price range for United Arab Emirates (UAE) groundnuts (peanuts) is between US$ 0.65 and US$ 0.93 per kilogram or between US$ 0.29 and US$ 0.42 per pound(lb).
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United Arab Emirates (UAE) Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price of Groundnuts (Peanuts) from United Arab Emirates (UAE) has seen a steady decline over the past five years. In 2017, the export price per kilogram was 0.99 US $, which dropped to 0.82 US $ in 2018. The price then increased to 0.95 US $ in 2019 and 1.05 US $ in 2020. The latest data shows that the export price per kilogram is 1.1 US $ in 2021. Based on this trend, it is predicted that the export price per kilogram of Groundnuts (Peanuts) from UAE will be 1.03 US $ in 2023 and 1.06 US $ in 2024.The exports of groundnuts (peanuts) from United Arab Emirates (UAE) 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)
United Arab Emirates (UAE) Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into the United Arab Emirates (UAE) has been relatively stable over the last five years. In 2017, the price was $0.99, followed by a decrease to $0.82 in 2018. In 2019, the price increased to $0.95, and then rose again to $1.05 in 2020. The most recent data shows that the price is currently at $1.10. Looking ahead, it is likely that the import price per kilogram of Groundnuts (Peanuts) into the UAE will remain relatively stable. Based on the data, it is predicted that the price will be $1.10 in 2023 and $1.15 in 2024.Export values for United Arab Emirates (UAE) groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in United Arab Emirates (UAE) were US$ 7,344, US$ 5,257, US$ 4,970 and US$ 8,267 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in United Arab Emirates (UAE): 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).
United Arab Emirates (UAE) groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 United Arab Emirates (UAE) sold 8,683 tonnes of groundnuts (peanuts). For 2019 alone, the demand for United Arab Emirates (UAE) groundnuts (peanuts) (nuts category) has climbed, changing by 43.877 % compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports grew by 63.31% netting the nation US$8.27m for the year 2019. United Arab Emirates (UAE)'s groundnuts (peanuts) exports are classified as:
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnut seed, for sowing (HS code 120230)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
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United Arab Emirates (UAE) groundnuts (peanuts) export values
In 2019, United Arab Emirates (UAE) sold groundnuts (peanuts) valued at 8.27m USD, an increment of 66.40% from 2018's total groundnuts (peanuts) export of 4.97m USD. The yearly increase in value of United Arab Emirates (UAE) groundnuts (peanuts) between 2017 to 2018 was -5.459%.
The annual variation in the quantity of United Arab Emirates (UAE)'s groundnuts (peanuts) exports between 2017 and 2019 was 63.31 pc compared to a variation of 43.877% in the period between 2018 and 2019.
United Arab Emirates (UAE)'s share of the world's total groundnuts (peanuts)'s exports in 2019 was less than 1%. United Arab Emirates (UAE) holds number 31 in world exports of groundnuts (peanuts).
Export markets for United Arab Emirates (UAE) groundnuts (peanuts) ( in '000$ )
United Arab Emirates (UAE)'s top export markets for groundnuts (peanuts) are Iran, Iraq, Oman, Yemen and Armenia.
United Arab Emirates (UAE) bought 18,018 tonnes of groundnuts (peanuts) in 2019.