Key Market Indicators
Chinese consumption of peanuts is projected to hit 17 million metric tons by 2026. This is a 0.4% year-on-year growth from 2021's 17 million metric tons. Since 2017, Chinese demand has increased by a steady 0.3% year-on-year. India, Nigeria and the United States rank second, third and fourth respectively. Chinese peanut production is expected to increase to 19 million metric tons by 2026, a 1% annual growth rate since 2021's 18 million metric tons. Since 1966, Chinese supply has increased by 1.9% year-on-year. India, Nigeria and the United States come in second, third and fourth place respectively.
