Prepared or preserved groundnuts market in Eastern Europe (including Northern Asia)

Earlier Report Observations

Between 2018 and 2020, the prepared groundnuts market in Eastern Europe showed growth, supported by a recovery in demand for canned products. The high share of imported goods created competitive pressure, but domestic producers, concentrated in key regions, increased output. The COVID-19 pandemic disrupted supply chains and consumer behavior, yet industry adaptation helped maintain production volumes and stabilize the market.

After 2020, stagnant consumer demand became a primary factor, leading to a market decline to 88 thousand tons in 2021. Competition with foreign producers remained intense, stimulating technological innovations such as freeze-drying to improve product quality. Despite these measures, the market contracted sharply to 55 thousand tons in 2023, coinciding with increased domestic peanut cultivation and a strategic reassessment by major importers.

By 2024, unpredictable weather conditions, including spring frosts and summer drought, began affecting crop yields and consequently cannery output. Rising prices for finished products reflected changes in raw material costs and logistics. Simultaneously, consumer preferences shifted toward functional foods and plant-based diets, creating new opportunities for the nut segment, including groundnuts.

Production prepared or preserved groundnuts in Eastern Europe (including Northern Asia)

In kind, 2017-2020, t

Top producers of prepared or preserved groundnuts, 2017-2020

World map of production of prepared or preserved groundnuts, 2017-2020

Eastern Europe (including Northern Asia) has seen its production volume of prepared or preserved groundnuts grow for the third year in a row. In 2020, the region produced 89,522 tonnes, marking a year-on-year increase of 3.6%. Over the period from 2017 to 2020, production rose by 22.2%, which translates to an average annual growth rate of 6.9%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in kind, 2017-2020, t

In value, 2017-2020, M $ US

Following two years of growth, the value of prepared or preserved groundnuts production in Eastern Europe (including Northern Asia) experienced a decline. In 2020, output was valued at 466.6 million US dollars, down by 3.1% compared to 2019. From 2017 to 2020, production value increased by 16.2%, averaging an annualized rate of 5.1%. The peak value was recorded in 2019 at 481.5 million US dollars, with the largest annual increase of 16.4% also occurring that year.

Annual dynamics of production in Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

Exports prepared or preserved groundnuts from Eastern Europe (including Northern Asia)

Exports in kind, t

Exports of prepared or preserved groundnuts from Eastern Europe (including Northern Asia) have risen for the third consecutive year. In 2020, exports reached 22,705 tonnes, up by 12.9% from the previous year. Between 2017 and 2020, exports grew by 16.5%, equating to an average annual rate of 5.2%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020, t

From 2017 to 2020, exports of prepared or preserved groundnuts from Eastern Europe (including Northern Asia) were not heavily concentrated in a few key markets. Germany accounted for 16.9% of exports in kind, Spain for 2.8%, and Kazakhstan for 2.7%, with these three countries together making up just 22.3% of total flows.

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

World map of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020

Exports in value, M $ US

The value of prepared or preserved groundnuts exports from Eastern Europe (including Northern Asia) has increased for the third year in a row. In 2020, export value stood at 118.3 million US dollars, a 5.6% rise compared to the previous year. Over the 2017-2020 period, exports grew by 10.8%, averaging an annualized rate of 3.5%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

Between 2017 and 2020, no single market dominated the value of prepared or preserved groundnuts exports from Eastern Europe (including Northern Asia). Germany held 16.1% of exports in value terms, Spain 3.0%, and Kazakhstan 2.7%, with these three countries collectively accounting for only 21.9% of total exports. The remainder was spread across numerous smaller partners, each with modest individual shares.

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

World map of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020

Imports prepared or preserved groundnuts to Eastern Europe (including Northern Asia)

Imports in kind, t

Imports of prepared or preserved groundnuts into Eastern Europe (including Northern Asia) have declined for the second consecutive year. In 2020, imports were recorded at 31,914 tonnes, a moderate decrease of 5.9% from the previous year. The highest volume was in 2018 at 40,220 tonnes, with the largest annual increase of 27.3% also in 2018, followed by the largest decline of 15.7% in 2019.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020, t

The partner structure for imports in kind from 2017 to 2020 was fragmented, with no single country holding a dominant share. China accounted for 15.5% of imports in kind, Germany for 11.5%, and the Netherlands for 5.8%, together making up only 32.9% of total flows.

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

World map of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020

Imports in value, M $ US

The value of prepared or preserved groundnuts imports into Eastern Europe (including Northern Asia) has fallen for the second year in a row. In 2020, imports were valued at 114.2 million US dollars, down by 1.7% from a year earlier. The peak value was in 2018 at 126.0 million US dollars, with the largest annual increase of 9.2% in 2018 and the largest decline of 7.8% in 2019.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

Over the 2017-2020 period, the geographical structure of imports in value terms was highly diversified. Germany accounted for 16.0% of imports in value terms, China for 12.7%, and the Netherlands for 5.9%, with these three countries together representing only 34.6% of total flows. The remaining 65.4% was distributed among many smaller partner countries.

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

World map of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020