Forecast: Import of Groundnuts In Shell to China

As of 2023, China's import of groundnuts in shell was valued at approximately 76 million US dollars. The forecast from 2024 to 2028 predicts a steady increase from 80.048 million to 93.446 million US dollars. Year-on-year growth rates stand at 4.3% from 2024 to 2025, and from 2025 to 2026, an increase of 4.06% followed by 3.82% from 2026 to 2027, and lastly a 3.61% rise from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is around 4.0%.

Future trends to watch for:

  • Monitoring potential fluctuations in global peanut production affecting import prices.
  • Government policies on agricultural imports that could influence demand.
  • Changes in consumer preferences or health awareness impacting consumption rates of groundnuts.
  • International trade agreements that might alter trade dynamics between China and key peanut-producing countries.

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