Key Market Indicators
Malagasy peanut consumption is projected to drop by 8.3% between 2021 and 2026, falling from 11 thousand metric tons to 10 thousand metric tons. Kazakhstan overtook Madagascar as the 73rd highest consumer of peanuts in 2021. India, Nigeria and the United States were ranked numbers 2, 3 and 4, respectively. Malagasy peanut production is projected to increase by 1.8% between 2021 and 2026, rising from 62 thousand to 69 thousand metric tons. South Sudan overtook Madagascar as the 37th highest producer of peanuts in 2021. India, Nigeria and the United States were ranked numbers 2, 3 and 4, respectively.