Export Performance
EXPORT PERFORMANCE
·
The export of groundnuts from Malawi have steadily increase with the highest record in 2013
· The target market for groundnuts export market is within SADC and COMESA regions with a trivial volumes going outside Africa.
MAJOR EXPORT MARKETS
· Generally the trends of groundnuts exports have been on the increase for the last five year registering 60 thousands metric tonnes in 2013 from 38 thousand metric tonnes in 2012.
· In major exporting markets the trend mirrors the Malawi exports to the world.
· There has been an increase in export volumes to the major export markets
Market Share
MARKET SHARE
· India dominates the world market with an average share of 26.2 % followed by USA with an average share of 14.2 %.
· Malawi share of Groundnuts exports to the world has been increasing over the period of five years. In 2013 Malawi share of exports grew to 2.6% from 1.4 % in 2012.
· Exports to the major markets have been increasing
World Market Share
WORLD MARKET SHARE
· On average the Malawi exports on Groundnuts has been growing at the rate of 1.4 %
Malawi Share in Actual Markets
MARKET SHARE IN ACTUAL MARKETS
Exports share to Tanzania had a sharp increase between 2010 and 2011. From 2011 the export share has been gradually decreasing
Competetors
COMPETITORS
On the world market Malawi competes with USA, India, Netherlands Argentina, China, Brazil and Nicaragua.
· Malawi ranks 8th in the world exports basket and comes fist in Africa exports basket.
· Tanzania has been importing about 99 percent of its groundnuts imports from Malawi registering 5 thousand metric tonnes in 2010.
Potential for Expansion
POTENTIAL FOR MARKET EXPANSION
· Tanzania importation of groundnuts has been decreasing for the last three years.
· Malawi exports on the other hand have been on the increase over the last five years
· With theincreasing trend of demand on the world market for groundnuts there is potential to increase exports provided requirements met.