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Global Groundnut in shell Market 2026: world trade, top exporters and key figures

World exports of groundnut in shell (HS 120241) reached $393.1 million in 2024, 13% more than in 2019. The United States was the largest exporter with 44% of the world total, and China was the largest buyer.

+13% since 2019

World exports were 13% higher in 2024 than in 2019 ($348.8 million), calculated from the annual totals

44% of world exports

The United States was the largest exporter in 2024, with 44% of world exports ($174.6 million)

75% of world exports

The three largest exporters, the United States, Egypt and China, shipped 75% of world exports in 2024

What this market covers

Groundnuts in shell, raw.

Typical segments

  • Raw peanuts in shell
  • Runner peanuts
  • Virginia peanuts
ChartWorld exports of HS 120241, USD million
World exports of HS 120241, USD million01002003004005002017: 322 USD million32220172018: 278 USD million20182019: 349 USD million20192020: 455 USD million20202021: 379 USD million20212022: 346 USD million20222023: 407 USD million20232024: 393 USD million3932024

Why this market is moving now

  • World trade grew 13% from 2019 to 2024, a direct read on cross-border demand.
  • Uzbekistan is gaining ground: its exports rose 136% from 2019 to 2024, the fastest among the ten largest exporters.

Key figures

Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.

FigureValueYearCite
World exports of groundnut in shell (HS 120241) were worth $393.1 million in 2024.393.1 USD million2024
World exports were 13% higher in 2024 than in 2019 ($348.8 million), calculated from the annual totals.+13 % since 20192024
The United States was the largest exporter in 2024, with 44% of world exports ($174.6 million).44 % of world exports2024
The three largest exporters, the United States, Egypt and China, shipped 75% of world exports in 2024.75 % of world exports2024
China was the largest importer in 2024, buying $85.9 million, or 22% of world imports.22 % of world imports2024
19 countries exported more than $1 million of this product in 2024.19 countries2024
The average world export price was about $1.22 per kilogram in 2024, calculated from value and weight.1.22 USD per kg2024
Countries exported 323.0 thousand tonnes of this product in 2024.323.0 thousand tonnes2024
Among the ten largest exporters, Uzbekistan grew fastest, with exports up 136% from 2019 to 2024.+136 % since 20192024

Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.

Buyers and suppliers

Who buys

  • Oil millers
  • Snack makers
  • Nut traders

Largest exporting countries, 2024

  1. United States174.6 USD million
  2. Egypt70.5 USD million
  3. China49.1 USD million
  4. India18.4 USD million
  5. Israel12.6 USD million
  6. Uzbekistan12.1 USD million
  7. Gambia10.8 USD million
  8. Germany4.7 USD million
  9. Netherlands4.5 USD million
  10. Argentina3.4 USD million

Largest importing countries, 2024

  1. China85.9 USD million
  2. Italy31.0 USD million
  3. Spain29.9 USD million
  4. Germany27.1 USD million
  5. Netherlands23.7 USD million
  6. Mexico22.7 USD million
  7. Pakistan14.3 USD million
  8. Canada11.5 USD million
  9. Turkey11.0 USD million
  10. Slovakia9.7 USD million

What the full report covers

  1. 01Executive summary
    The answer in one page: size, direction and what moves it
  2. 02Market definition and scope
    What is in and out of the global market
  3. 03Global market size, 2021 to 2025
    Historical series and growth rates
  4. 04Countries and regions
    Demand, supply and trade by country and region
  5. 05Outlook to 2031
    Base, low and high scenarios with stated assumptions
  6. 06Rules, policy and deadlines
    Regulation and programmes that change demand
  7. 07Drivers and barriers
    What accelerates or slows adoption, by customer segment
  8. 08Prices, costs and margins
    Unit economics where public data allows
  9. 09Competitive landscape
    8 to 12 company profiles with recent moves
  10. 10Opportunities and risks
    For new entrants, suppliers and investors
  11. 11Method and assumptions
    How every figure was built

Included with the full report

  • PDF report, 40 to 60 pages
  • Excel data pack
  • Ready-to-use charts
  • Method note and assumptions
  • Written to order in 5 working days
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Frequently asked questions

How big is the global groundnut in shell market?

There is no single official market total. World exports of HS 120241 reached $393.1 million in 2024, a direct measure of cross-border trade.

Which countries export the most groundnut in shell?

The United States led world exports in 2024 with 44% of the total, followed by Egypt, China and India.

Which countries import the most groundnut in shell?

China was the largest importer in 2024, followed by Italy, Spain and Germany.

Is world trade in groundnut in shell growing?

World exports were 13% higher in 2024 than in 2019.

What is the average export price of groundnut in shell?

Dividing world export value by weight gives about $1.22 per kilogram in 2024.

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