
Price index of groundnuts in South Africa 2001-2019
In the calendar year 2019, the price index of groundnuts in South Africa was 129.8 percent. This was an increase of 2.4 percent in relation to the preceding year. Between 2001 and 2019, the price index was at its lowest in 2001 at 46 percent. Moreover, the index peaked in 2012 to 147.2 percent, growing by 46.4 percent from 2011. This can be linked to higher international prices for ground nuts.