Not roasted and not cooked groundnuts market in the Philippines

Earlier Report Observations

The market for not roasted and not cooked groundnuts in the Philippines demonstrated initial stability, with volume hovering around 116 500–117 200 t in 2018 and 2019. This period was followed by a severe contraction in 2020, when the total market size plummeted to 50 915 t, representing a drop of more than 50% from the previous year. A gradual recovery ensued over the next three years, with the market reaching 62 183 t by 2023.

The sharp decline in 2020 was primarily driven by a dramatic fall in import volumes, which collapsed from nearly 88 000 t in 2019 to just 21 549 t. Domestic production, in contrast, remained resilient throughout the period, showing modest growth from 29 300 t in 2019 to 31 772 t in 2023. The subsequent market recovery through 2023 was supported by a rebound in imports, which climbed back to 30 430 t.

By 2023, the market had stabilized at approximately 62 000 t. However, this level remained substantially lower—by about 47%—than the pre-2020 peak, as import volumes failed to return to their earlier highs. The consistent, though moderate, expansion of local production provided a stable foundation for the market during its recovery phase.

Production not roasted and not cooked groundnuts in the Philippines

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

In 2018, the Philippines produced 29,428 tons of not roasted and not cooked groundnuts, marking the highest output during the period. Production then declined slightly to 29,301 tons in 2019, representing a 0.4% decrease. In 2020, output remained relatively stable at 29,387 tons, showing no significant change compared to the previous year.

Annual dynamics of production in the Philippines in kind, 2017-2020, t

Exports not roasted and not cooked groundnuts from the Philippines

Exports in kind, t

The market exhibited volatility from 2017 to 2020. Exports peaked in 2017 and fell to their lowest point in 2019 at 0.3 tons, creating a 563-fold difference between these years. In 2018, exports experienced the largest decline of 99.5%. By 2020, exports rebounded sharply to 21 tons, representing a dramatic increase of 6,783.9% compared to 2019.

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

From 2017 to 2020, Indonesia was the primary destination for the Philippines' exports of not roasted and not cooked groundnuts in kind, accounting for 88.2% of total flows. The remaining share was distributed among several smaller markets.

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

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

Exports in value, K $ US

The data shows irregular changes, indicating a volatile market environment. Export values reached their highest point in 2017 and their lowest in 2019 at 0.3 thousand US dollars, with a top-to-bottom ratio of 483 times. In 2018, the largest decline of 99.6% occurred. By 2020, cross-border shipments surged to 27 thousand US dollars, showing a steep increase of 9,511.7% compared to 2019.

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

During 2017–2020, Indonesia remained the main market for the Philippines' exports of not roasted and not cooked groundnuts in value terms, holding an 82.7% share of total flows. The rest of the volume was fragmented across numerous other destinations.

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

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

Imports not roasted and not cooked groundnuts to the Philippines

Imports in kind, t

The data reveals irregular changes, pointing to a volatile market environment. Import volumes increased to their maximum of 87,936 tons in 2019, then dropped sharply to a minimum of 21,549 tons in 2020, representing a 4.1-fold shift. In 2019, imports also saw the largest increase of 0.9%. Overall, 2020 imports marked an abrupt drop of 75.5% compared to 2019.

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

From 2017 to 2020, the country structure of imports in kind was highly concentrated, with India and China together accounting for 86.2% of total flows. Other partners formed a residual portion of the imports.

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

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

Imports in value, K $ US

After a two-year gain, the Philippines' imports of not roasted and not cooked groundnuts declined. Imports reached their maximum value of 39,281 thousand US dollars in 2019, with the largest increase that year of 28.9%. In 2020, imports fell to approximately 31,923 thousand US dollars, showing a robust reduction of 18.7% compared to 2019. Over the entire 2017-2020 period, imports increased by 15.1%, with a compound annual growth rate of 4.8%.

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

Throughout 2017–2020, China and India clearly dominated the Philippines' imports of not roasted and not cooked groundnuts in value terms, jointly accounting for 87.2% of total flows. Other countries held much smaller shares.

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

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