Not roasted and not cooked groundnuts market in GCC

Earlier Report Observations

Between 2018 and 2023, the GCC market for not roasted and not cooked groundnuts showed a mixed pattern in physical volume but a clear upward trend in monetary value. Market volume in tonnes started at 20 910 t in 2018, dipped to 19 254 t the following year, and then climbed back to over 21 000 t in 2021 and 2022 before falling to 18 831 t in 2023. Over the same period, the market's value in US dollars grew consistently from $25.4 million to $34.6 million.

Consumer trends played a key role in shaping the market, particularly around 2022 when rising health awareness, higher disposable incomes, and a preference for clean-label and organic nuts supported demand for premium groundnuts. These factors helped maintain volume levels while driving up prices, contributing to the overall value growth.

The market's structure was also influenced by global supply chains, with the UAE acting as a re-export hub, and by regulatory standards aligned with international labeling requirements, which fostered consumer trust and market access for quality products.

Production not roasted and not cooked groundnuts in GCC

In kind, 2017-2020, t

Top producers of not roasted and not cooked groundnuts, 2017-2020

World map of production of not roasted and not cooked groundnuts, 2017-2020

GCC's production of not roasted and not cooked groundnuts increased for the second consecutive year. In 2020, the region produced 2 036 tonnes, marking a 0.9% rise compared to 2019. The lowest production volume was recorded in 2018 at 1 989 tonnes, which represented the largest decline of 3.6%. The most significant increase occurred in 2019, with production growing by 1.5%.

Annual dynamics of production in GCC in kind, 2017-2020, t

In value, 2017-2020, K $ US

In 2020, the output value of not roasted and not cooked groundnuts in GCC was 1 941 thousand US dollars, reflecting a 1.0% decrease from the previous year. Over the period from 2017 to 2020, production value declined by 7.5%, averaging an annualized reduction of 2.6%. The lowest value was recorded in 2018 at 1 798 thousand US dollars, which saw the largest decline of 14.4%. The most notable increase occurred in 2019, with a 9.0% rise.

Annual dynamics of production in GCC in value, 2017-2020, K $ US

Exports not roasted and not cooked groundnuts from GCC

Exports in kind, t

Exports of not roasted and not cooked groundnuts from GCC increased for the third consecutive year. In 2020, the region exported 11 673 tonnes, representing a 30.5% increase compared to 2019. From 2017 to 2020, exports grew by 120.5%, with a compound annual growth rate of 30.2%.

Annual dynamics of product's exports from GCC in kind, 2017-2020, t

Between 2017 and 2020, the main markets for GCC's exports of not roasted and not cooked groundnuts in kind were Yemen, accounting for 37.1% of exports, Iran with 26.3%, and Iraq at 12.0%. Together, these three countries represented 75.4% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from GCC in kind, 2017-2020

Exports in value, K $ US

The value of exported not roasted and not cooked groundnuts from GCC increased for the third consecutive year. In 2020, exports reached 11 128 thousand US dollars, showing a 28.1% gain compared to the previous year. From 2017 to 2020, export value rose by 106.6%, with an annualized growth rate of 27.4%.

Annual dynamics of product's exports from GCC in value, 2017-2020, K $ US

From 2017 to 2020, the principal destinations for GCC's exports of not roasted and not cooked groundnuts in value terms were Iran, representing 29.8% of exports, Yemen at 27.4%, and Iraq with 13.1%. Collectively, these three markets accounted for 70.4% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from GCC in value, 2017-2020

Imports not roasted and not cooked groundnuts to GCC

Imports in kind, t

Imports of not roasted and not cooked groundnuts into GCC increased for the second consecutive year. In 2020, the region imported 29 305 tonnes, equivalent to an 11.9% rise compared to 2019. Over the period from 2017 to 2020, imports grew by 5.4%, with a compound annual growth rate of 1.8%. The lowest import volume was recorded in 2018 at 25 312 tonnes, which saw the largest decline of 9.0%.

Annual dynamics of product's imports to GCC in kind, 2017-2020, t

Between 2017 and 2020, the leading sources for GCC's imports of not roasted and not cooked groundnuts in kind were India, accounting for 39.4% of imports, China with 31.7%, and Argentina at 16.9%. Together, these three countries represented 88.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to GCC in kind, 2017-2020

Imports in value, K $ US

The value of imported not roasted and not cooked groundnuts into GCC increased for the third consecutive year. In 2020, imports amounted to 36 603 thousand US dollars, representing a 7.1% improvement relative to the previous year. From 2017 to 2020, import value rose by 25.4%, with an annualized growth rate of 7.8%.

Annual dynamics of product's imports to GCC in value, 2017-2020, K $ US

From 2017 to 2020, the leading sources for GCC's imports of not roasted and not cooked groundnuts in value terms were China, accounting for 35.7% of imports, India with 31.1%, and Argentina at 19.2%. Collectively, these three countries represented 86.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to GCC in value, 2017-2020