Key Market Indicators
Taiwan is forecast to consume a total of 74,000 metric tons of peanuts by 2026. This represents a 0.3% year-on-year growth from 2021, when the country consumed 73,000 metric tons. Since 2017, demand for peanuts in Taiwan has risen by 0.5% annually. It currently ranks 42nd in the world for peanut consumption, with France outranking it in 2021 with 73,000 metric tons. India, Nigeria, and the United States occupy the top three spots. Meanwhile, Taiwan is expected to produce 50,210 metric tons of peanuts by 2026, a slight drop of 1.2% compared to 2021's output of 53,800 metric tons. Production has decreased by an average of 2.8% annually since 1966. Taiwan is the 39th largest producer of peanuts, with Madagascar leading the way in 2021 with 53,800 metric tons. India, Nigeria, and the United States are the world's top three producers.
