Not roasted and not cooked groundnuts market in Papua New Guinea

Earlier Report Observations

The market for not roasted and not cooked groundnuts in Papua New Guinea demonstrated remarkable stability from 2018 to 2023. Domestic production fluctuated within a narrow band, starting at 1,539 tonnes in 2018, reaching a peak of 1,567 tonnes in 2019, and then settling around 1,540 to 1,552 tonnes in the following years. Consequently, the total market volume followed a similar pattern, ranging from 1,543 to 1,569 tonnes annually.

This consistency highlights a market largely supplied by local output, as imports remained minimal—never exceeding 14 tonnes in any given year—and exports were absent throughout the period. The slight variations observed did not alter the fundamental equilibrium of supply and demand for this commodity.

Production not roasted and not cooked groundnuts in Papua New Guinea

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

Production of not roasted and not cooked groundnuts in Papua New Guinea declined after two consecutive years of growth. In 2019, output reached its peak at 1 567 tonnes, marking a 1.9% increase from the previous year. However, by 2020, production had fallen to 1 540 tonnes, representing a year-on-year decrease of 1.8%.

Annual dynamics of production in Papua New Guinea in kind, 2017-2020, t

Exports not roasted and not cooked groundnuts from Papua New Guinea

Market analysis indicates that Papua New Guinea did not export any not roasted and not cooked groundnuts between 2017 and 2020.

Imports not roasted and not cooked groundnuts to Papua New Guinea

Imports in kind, kg

The import market for not roasted and not cooked groundnuts in Papua New Guinea showed significant volatility during this period. In 2019, imports hit their lowest point at 1 661 kilograms, a sharp 60.7% decline from the previous year. This was followed by a dramatic turnaround in 2020, with imports surging 74.4% to reach 2 896 kilograms. The peak occurred earlier in 2018, when imports reached 4 220 kilograms, marking a substantial 108.2% increase from 2017. Overall, the difference between the highest and lowest import volumes was 2.5 times.

Annual dynamics of product's imports to Papua New Guinea in kind, 2017-2020, kg

From 2017 to 2020, Malaysia, Australia, and China were the primary sources for Papua New Guinea's imports of not roasted and not cooked groundnuts. Malaysia accounted for 43.0% of imports, Australia for 30.3%, and China for 10.4%. Together, these three countries made up 83.7% of total import flows.

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

World map of product's imports to Papua New Guinea in kind, 2017-2020

Imports in value, $ US

The value of imports for not roasted and not cooked groundnuts in Papua New Guinea experienced highly irregular changes, reflecting a volatile market. In 2019, import value dropped to its minimum of 2 841 US dollars, an 88.6% decrease from the previous year. This was followed by a significant recovery in 2020, with import value rising 82.8% to 5 195 US dollars. The peak occurred in 2018, when import value reached 24 944 US dollars, a massive 240.6% increase from 2017. The difference between the highest and lowest import values was 8.8 times.

Annual dynamics of product's imports to Papua New Guinea in value, 2017-2020, $ US

Between 2017 and 2020, Australia and Malaysia dominated Papua New Guinea's imports of not roasted and not cooked groundnuts in value terms, together accounting for 89.0% of total flows. Other destinations played a relatively minor role during this period.

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

World map of product's imports to Papua New Guinea in value, 2017-2020