Key Market Indicators
Peanut consumption in Brazil is expected to decrease slightly to 255,000 metric tons by 2026. This marks a 1.2% year-on-year CAGR drop since 2021, when the country consumed 273,000 metric tons. Since 2017, Brazilian demand has grown 4.5% year-on-year. In 2021, Uganda consumed more peanuts than Brazil, with 273,000 metric tons. India, Nigeria and the United States were respectively numbers 2, 3 and 4 in the world ranking. Meanwhile, the production of peanuts in Brazil is projected to reach 716,810 metric tons by 2026, up 2.4% year-on-year on average since 2021. Since 1966, Brazilian supply has risen 2.1% year-on-year. In 2021, Tanzania produced more peanuts than Brazil, with 622,070 metric tons. India, Nigeria and the United States were respectively numbers 2, 3 and 4 in the ranking.
