What is the price of peanut (groundnuts) per kilogram/pound in United Arab Emirates (UAE) today?
The retail price range for United Arab Emirates (UAE) peanut (groundnuts) is between US$ 3.80 and US$ 4.52 per kilogram or between US$ 1.72 and US$ 2.05 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in United Arab Emirates (UAE)
The retail price range in United Arab Emirates dirham for peanut (groundnuts) is between AED 13.96 and AED 16.60 per kilogram or between AED 6.33 and AED 7.53 per pound(lb) in Abu Dhabi and Dubai.
Wholesale prices
In 2024, the approximate wholesale price range for United Arab Emirates (UAE) peanut (groundnuts) is between US$ 2.66 and US$ 3.16 per kilogram or between US$ 1.21 and US$ 1.44 per pound(lb).
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United Arab Emirates (UAE) Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from United Arab Emirates (UAE) has seen a steady increase over the last five years. In 2016, the export price was 1.99 US $ per kg, and by 2021, it had risen to 3.41 US $ per kg. This represents an increase of 71.4%. The highest export price was recorded in 2018 at 4.15 US $ per kg. The current export price is 3.71 US $ per kg. Based on this trend, it is predicted that the export price for Peanut (Groundnuts) from UAE in 2023 will be 4.17 US $ per kg and in 2024 it will be 4.75 US $ per kg.The peanut (groundnuts) exports from United Arab Emirates (UAE) are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
United Arab Emirates (UAE) Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnuts) into the United Arab Emirates (UAE) has seen a fluctuating trend over the last five years. In 2016, the price was 1.99 US $ per kg, which was the lowest in the five year period. This was followed by a sharp increase in 2017, when the price rose to 2.86 US $ per kg. The price then dropped to 1.46 US $ per kg in 2015, before rising again to 4.15 US $ per kg in 2018. The price then dropped to 3.64 US $ per kg in 2019 and further to 3.71 US $ per kg in 2020. The latest data shows that the price has dropped to 3.41 US $ per kg in 2021. Based on the data, it is likely that the import price per kilogram of Peanut (Groundnuts) into the United Arab Emirates (UAE) will remain relatively stable in the next two years. We can predict that the price in 2023 will be around 3.50 US $ per kg and in 2024 it will be around 3.60 US $ per kg.Export values for United Arab Emirates (UAE) peanut (groundnuts)
The total values in export for peanut (groundnuts) in United Arab Emirates (UAE) were US$ 4,468, US$ 7,177, US$ 22,828 and US$ 23,124 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 United Arab Emirates (UAE): Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across Middle East: Bahrain peanut (groundnuts), Cyprus peanut (groundnuts), Iraq peanut (groundnuts), Israel peanut (groundnuts), Jordan peanut (groundnuts), Kuwait peanut (groundnuts), Lebanon peanut (groundnuts), Palestine peanut (groundnuts), Oman peanut (groundnuts) & Qatar peanut (groundnuts).
United Arab Emirates (UAE) peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 United Arab Emirates (UAE) sold 6,345 tonnes of peanut (groundnuts). Through 2019 alone, the demand for United Arab Emirates (UAE) peanut (groundnuts) (nuts and oil seeds category) has gone up, flactuating by 15.385 pc compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports increased by 152.99% bringing the country US$23.12m for the year 2019. United Arab Emirates (UAE)'s peanut (groundnuts) exports are categorised as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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United Arab Emirates (UAE) peanut (groundnuts) export values
In 2019, United Arab Emirates (UAE) supplied peanut (groundnuts) with a value of 23.12m USD, a growth of 1.28% from 2018's total peanut (groundnuts) export of 22.828m USD. The annual change in value of United Arab Emirates (UAE) peanut (groundnuts) between 2017 to 2018 was 218.072%.
The annual/yearly variation in the volume of United Arab Emirates (UAE)'s peanut (groundnuts) exports between 2017 and 2019 was 152.99 percent when compared to a variation of 15.385% in the growth rate between 2018 and 2019.
United Arab Emirates (UAE)'s stake of the world's total peanut (groundnuts)'s exports in 2019 was less than 1%. The country holds number 27 in world exports of peanut (groundnuts).
Export markets for United Arab Emirates (UAE) peanut (groundnuts) ( in '000$ )
United Arab Emirates (UAE)'s best performing destinations for peanut (groundnuts) are Oman, Bahrain, Kuwait, Saudi Arabia and Yemen.
Import/Export Trends
United Arab Emirates (UAE) is a net importer of peanut (groundnuts). The annual growth of United Arab Emirates (UAE) peanut (groundnuts) in value between 2015 to 2019 was 13%, per annum, while annual growth in quantity during the same period was 13%, per annum.
United Arab Emirates (UAE) purchased 9,530 tonnes of peanut (groundnuts) in 2019.