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There are multiple interesting nicknames given to groundnuts (also known as peanuts), including the "king of oilseeds", "wonder nut", and even "poor man’s almond." These annual, nitrogen-fixing legumes are grown for their edible kernels, which are nutritional powerhouses packed with about 25% protein, 50% oil, antioxidants, essential minerals, and vitamins. Their high oil and protein content make them a valuable food and cash crop. In fact, they are an affordable and nutritious alternative to more expensive nuts like almonds. Native to South America, groundnuts were introduced to Africa and Asia by European traders in the 16th century. Over time, their cultivation spread globally, and soon they became a staple in various cuisines and industries. Today, groundnuts are important for the global food industry. They are used to make peanut butter, oil, roasted snacks, confectionery, and even animal feed. Their versatility and nutritional value have made them significant players in global trade, with major producers and exporters including India, China, and the United States. If you are an exporter, connecting with groundnut buyers and importers worldwide can open up great opportunities.
Like other nuts, groundnuts also come in various types. And each type has unique characteristics suited for different markets and applications. Buyers value some varieties for their large kernels and high oil content, using them for peanut butter and oil extraction, while they choose other varieties for roasting or confectionery. Staying informed about these groundnut varieties can give you an advantage in meeting buyer preferences.
In addition, you can boost your exports and attract more diverse buyers by expanding your offerings. Buyers prefer suppliers who can meet multiple needs, so they don’t have to turn to another source for other related products. Thus, you can become the top choice for groundnuts importers and buyers by supplying additional products, including:
You can grow your groundnut business by understanding what buyers want and where demand is rising. For exporters and suppliers, groundnuts are a commodity with strong demand and multiple market opportunities, especially in Europe, North America, and Asia. But in order to capture this demand, you need to stay updated on key market insights that support the right business decisions. From global market size and top importing countries to raw groundnut price trends and buyer preferences, here is everything you need to know.
Groundnut Global Market Size:
Source: Business Research Insights
Top Groundnut Importers Worldwide:
Source: Volza
Global Raw Peanuts Price Trends:
Recently, the raw groundnut price per kg ranges from $0.63 USD per kg to $1.50 USD. However, it may vary based on several factors. Here are the global trends for raw peanuts over recent years
Source: Tridge
What Groundnut Buyers Prefer:
Are you looking for genuine groundnut or peanut buyers globally or near you? Here are the proven ways to begin your search for ground nut buyers.
1. Which countries are the largest importers of groundnuts?
The biggest groundnut importers worldwide are Indonesia, Vietnam, and the Philippines.
2. Are there import restrictions on groundnuts in some countries?
Yes, there are import restrictions on groundnuts in some countries. These restrictions are often because of food safety concerns such as aflatoxin contamination, or for phytosanitary reasons.
3. Are there emerging markets for groundnut exports?
Yes, countries like Vietnam, Ukraine, and the Philippines are showing increased demand for groundnuts. There is also a growing demand in the Middle East (UAE, Saudi Arabia) and some parts of Africa (Nigeria, South Africa).
4. How can I find reliable buyers for groundnuts internationally?
You can find reliable groundnut buyers internationally through B2B platforms (like go4WorldBusiness), trade fairs, export promotion councils, and social media networks like LinkedIn.
5. What is the groundnut HSN code?
1202 is the groundnut HSN code.
6. What is 1 kg of groundnuts wholesale price?
The 1 kg groundnut wholesale price usually ranges from USD 0.63 to USD 1.50, although it can vary depending on factors such as quality, variety, origin, and seasonal supply.
7. What is "Hand Picked and Selected Groundnuts" (HPS)?
HPS refers to edible groundnuts that have been manually sorted to remove damaged or inferior kernels, ensuring high quality.
8. Which Indian city is famous for groundnuts?
Rajkot in Gujarat is famous for its groundnut production and processing.
Peanut markets have gone unusually quiet in 2025 as buyers hold off on new contracts, with tariffs and higher expected yields affecting prices. (Full Story: AgNet)
