Not roasted and not cooked groundnuts market in South-eastern Asia

Earlier Report Observations

The market volume for not roasted and not cooked groundnuts in South-eastern Asia stood at 3,534 thousand tons in 2018, supported by the growth of commercial urban agriculture in Singapore and global trends toward healthy and natural products, which boosted demand for such foods. The volume then declined to 3,389 thousand tons in 2019 and further to 3,252 thousand tons in 2020.

A recovery began in 2021, with the market reaching 3,318 thousand tons, followed by a more significant rebound to 3,494 thousand tons in 2022. The volume then eased to 3,409 thousand tons in 2023, reflecting adjustments in supply and demand.

By 2024, the food and beverage sector in the region showed signs of transformation, with the entry of thousands of new brands and a shift in consumer behavior toward snack consumption and healthier diets, indicating evolving demand patterns.

Production not roasted and not cooked groundnuts in South-eastern Asia

In kind, 2017-2020, K 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 South-eastern Asia has declined for the second year in a row. In 2020, the region produced 2,860 thousand tonnes, showing a slight year-over-year decrease of 1.4%. Looking at the period from 2017 to 2020, production fell by 5.7%, which translates to an average annual decline of 1.9%. The highest production level was recorded in 2018 at 3,039 thousand tonnes, while the largest drop occurred in 2019 with a 4.5% decrease. In contrast, 2018 saw a modest increase of 0.2%.

Annual dynamics of production in South-eastern Asia in kind, 2017-2020, K t

Exports not roasted and not cooked groundnuts from South-eastern Asia

Exports in kind, K t

The data shows irregular changes, pointing to a volatile market environment. Exports reached their lowest point in 2018 and peaked in 2020, with a 2.5-fold difference between these years. In 2020, exports of not roasted and not cooked groundnuts from South-eastern Asia totaled 153.1 thousand tonnes, representing a sharp increase of 85.5% compared to the previous year. The minimum value was recorded in 2018 at 62.2 thousand tonnes, which also marked the largest decline of 44.0%.

Annual dynamics of product's exports from South-eastern Asia in kind, 2017-2020, K t

From 2017 to 2020, China and Hong Kong remained the primary markets for exports in kind, together accounting for 69.2% of total flows.

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

World map of product's exports from South-eastern Asia in kind, 2017-2020

Exports in value, M $ US

Market behavior during these years was characterized by volatility. Exports bottomed in 2018 and peaked in 2020, with a 2.4-fold difference. In 2020, cross-border shipments of not roasted and not cooked groundnuts from South-eastern Asia amounted to 253.4 million US dollars, reflecting a 34.4% increase from the prior year. The minimum value was recorded in 2018 at 105.0 million US dollars, which also saw the largest decline of 33.8%. The largest increase occurred in 2019 with a 79.6% rise.

Annual dynamics of product's exports from South-eastern Asia in value, 2017-2020, M $ US

Throughout 2017–2020, China and Hong Kong continued to lead the list of markets for exports in value terms of not roasted and not cooked groundnuts from South-eastern Asia, together accounting for 75.1% of total flows.

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

World map of product's exports from South-eastern Asia in value, 2017-2020

Imports not roasted and not cooked groundnuts to South-eastern Asia

Imports in kind, K t

After a two-year rise, cross-border shipments of not roasted and not cooked groundnuts to South-eastern Asia declined. In 2020, imports stood at 545.1 thousand tonnes, representing a gradual decrease of 4.6% from the previous year. Over the period from 2017 to 2020, imports increased by 5.8%, with a compound annual growth rate of 1.9%. The maximum value was recorded in 2019 at 571.4 thousand tonnes, while the largest increase occurred in 2018 with an 8.3% rise.

Annual dynamics of product's imports to South-eastern Asia in kind, 2017-2020, K t

From 2017 to 2020, India and China consistently accounted for 80.4% of total imports in kind, indicating a high degree of concentration alongside a long tail of smaller markets.

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

World map of product's imports to South-eastern Asia in kind, 2017-2020

Imports in value, M $ US

Imports of not roasted and not cooked groundnuts to South-eastern Asia increased for the third consecutive year. In 2020, imports amounted to 667.5 million US dollars, marking a gain of 12.2% relative to the prior year. Between 2017 and 2020, imports grew by 27.3%, equating to an annualized rate of 8.4%.

Annual dynamics of product's imports to South-eastern Asia in value, 2017-2020, M $ US

Throughout 2017–2020, two countries—India and China—concentrated most of the imports in value terms of not roasted and not cooked groundnuts to South-eastern Asia, while other markets were less significant individually.

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

World map of product's imports to South-eastern Asia in value, 2017-2020