The leading groundnut importer in 2024 is the Netherlands, followed by China and Indonesia. Germany and Mexico closely follow, with values trailing slightly behind. Together, these countries account for a significant portion of the global groundnut imports. Over the past two years, import values have shown varying trends: the Netherlands and China exhibited healthy growth, whereas countries like Germany and Spain saw more modest gains. Influenced by demand fluctuations, the five-year CAGR showcases a robust overall expansion in the sector.
Future trends to watch include:
- Increasing demand from Asia, where emerging markets show rising consumption.
- Potential impact of trade policies and tariffs affecting import volumes.
- Technological advancements in agricultural practices influencing supply dynamics.
Top countries in Top Importers of Groundnuts
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Netherlands | 432.22 | 2016 | |
| 2 | 2 China | 315.31 | 2016 | |
| 3 | 3 Indonesia | 193.96 | 2016 | |
| 4 | 4 Germany | 192.13 | 2016 | |
| 5 | 5 Mexico | 164.41 | 2016 | |
| 6 | 6 Russia | 148.05 | 2016 | |
| 7 | 7 Canada | 122.47 | 2016 | |
| 8 | 8 United Kingdom | 105.16 | 2016 | |
| 9 | 9 Italy | 79.18 | 2016 | |
| 10 | 10 Spain | 78.09 | 2016 |
