SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Groundnut exports from India fell by 32% in 2015-16

30 May 2016 Evaluate

Groundnut exports from India fell by 32% in 2015-16 due to higher prices in local market, followed by a ban by Vietnam, the largest importer. Due to lower production, prices have remained at the higher level during the year.

India has exported 536,929 tons groundnut in 2015-16, against 788,307 tons in 2014-15, as per the data compiled by the Indian Oilseeds and Produce Export Promotion Council (IOPEPC). Vietnam had imported 183,771 tons groundnut from India in 2014-15 but due to the ban the country’s import reduced to 18,418 tons in 2015-16. Several importing countries have raised complaints about quality of Indian peanuts. Major importing countries like Vietnam and Indonesia have already tightened the rules. According to the IOPEPC data, export to Indonesia has also decreased to 173,966 tons as against 183,355 tons.

Production of groundnut has declined because of the poor monsoon last year. Groundnut production decreased to 3.2 million tons in kharif 2015 from 3.5 million tons for the corresponding period last year. Lower output has increased groundnut prices in domestic market by 15%. On an average groundnut is being traded between Rs 80,000 per ton and Rs 95,000 per tons in India during the year.

Since last couple of years, IOPEPC is trying to convince peanut manufacturers to upgrade their units. Because of the new rules by several importing countries, initially volume of exports may have declined but it will be in line in next two or three years.

 

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×