Argentina led the global export of prepared or preserved groundnuts in 2023, followed by China and the United States. Countries like India, Poland, and Brazil showcased significant year-on-year growth due to expansion in production capacities, while markets like Indonesia and Malaysia faced declines. Burkina Faso and Armenia experienced exceptional growth rates, but they contributed minimally to global volumes. Meanwhile, long-term trends showed a stable Compound Annual Growth Rate (CAGR) across key exporters like Argentina, China, and the United States, with emerging players like Bulgaria and Belarus showing potential for future growth.
Future trends to watch include potential shifts in the global supply chain impacting production, with environmental concerns and evolving trade policies likely affecting export strategies. Focus on sustainable agriculture and innovation in preservation technologies could redefine competitive advantages among leading exporters, while demand in emerging markets might stimulate additional opportunities for growth.
Top countries in Export of Prepared or Preserved Groundnuts by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Argentina | 392,670,000 | 2023 | +2.22% | +3.61% | View data |
| 2 | 2 China | 376,160,000 | 2023 | +1.52% | +1.94% | View data |
| 3 | 3 United States | 111,330,000 | 2023 | +2.07% | +2.95% | View data |
| 4 | 4 Netherlands | 106,260,000 | 2023 | +2.14% | +2.45% | View data |
| 5 | 5 Poland | 34,839,000 | 2023 | +4.14% | +4.11% | View data |
| 6 | 6 India | 34,343,000 | 2023 | +4.27% | +6.08% | View data |
| 7 | 7 Germany | 32,616,000 | 2023 | +0.95% | +1.9% | View data |
| 8 | 8 Canada | 23,485,000 | 2023 | +1.94% | +2.28% | View data |
| 9 | 9 Mexico | 20,347,000 | 2023 | +2.94% | +2.51% | View data |
| 10 | 10 Brazil | 19,874,000 | 2023 | +4.66% | +4.84% | View data |
