What is the price of groundnuts (peanuts) per kilogram/pound in Zambia today?
The retail price range for Zambia groundnuts (peanuts) is between US$ 0.73 and US$ 1.21 per kilogram or between US$ 0.33 and US$ 0.55 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Zambia
The retail price range in Zambian Kwacha for groundnuts (peanuts) is between ZMW 13.70 and ZMW 22.84 per kilogram or between ZMW 6.21 and ZMW 10.36 per pound(lb) in Lusaka and Kitwe.
Wholesale prices
In 2024, the approximate wholesale price range for Zambia groundnuts (peanuts) is between US$ 0.51 and US$ 0.85 per kilogram or between US$ 0.23 and US$ 0.38 per pound(lb).
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Zambia Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Zambia over the last five years has seen a steady decline. In 2017, the price was 0.74 US $ per kg, followed by 0.53 US $ per kg in 2018. In 2019, the price increased slightly to 0.73 US $ per kg, before dropping to 0.65 US $ per kg in 2021. The most recent data shows that the price has increased to 0.67 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Groundnuts (Peanuts) from Zambia will be 0.62 US $ per kg in 2023 and 0.57 US $ per kg in 2024.The exports of groundnuts (peanuts) from Zambia are classified as:
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnut seed, for sowing (HS code 120230)
- 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)
Zambia Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into Zambia over the last five years has seen a steady decline. In 2012, the price was 10.27 US dollars per kg, but by 2021, it had dropped to 0.65 US dollars per kg. The lowest price was recorded in 2015, when the price was 0.38 US dollars per kg. Since then, the price has been gradually increasing, reaching 0.73 US dollars per kg in 2019. The most recent price recorded in 2022 was 0.67 US dollars per kg. Based on the data, it is likely that the import price per kilogram of Groundnuts (Peanuts) into Zambia will continue to increase in the next two years. We predict that the price in 2023 will be 0.72 US dollars per kg and in 2024 it will be 0.76 US dollars per kg.Export values for Zambia groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Zambia were US$ 705, US$ 927, US$ 1,353 and US$ 1,758 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Zambia: 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).
Zambia groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Zambia sold 2,415 tonnes of groundnuts (peanuts). For 2019 alone, the market for Zambia groundnuts (peanuts) (nuts category) has gone down, changing by -5.257 per cent compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports increased by 93.66% bringing Zambia US$1.76m for the year 2019. Zambia's groundnuts (peanuts) exports are categorised as:
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnut seed, for sowing (HS code 120230)
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Zambia groundnuts (peanuts) export values
In 2019, Zambia supplied groundnuts (peanuts) with a value of 1.76m USD, an increment of 30.08% from 2018's total groundnuts (peanuts) export of 1.353m USD. The annual change in value of Zambia groundnuts (peanuts) between 2017 to 2018 was 45.955 per cent.
The annual change in the volume of Zambia's groundnuts (peanuts) exports between 2017 and 2019 was 93.66 per cent when compared to a variation of -5.257% in the growth rate between 2018 and 2019.
Export markets for Zambia groundnuts (peanuts) ( in '000$ )
Zambia's leading export markets for groundnuts (peanuts) are South Africa, Angola, Malawi, China and Tanzania.
Zambia imported 1,326 tonnes of groundnuts (peanuts) in 2019.