Key Market Indicators
Peanut consumption in Japan is expected to reach 125,000 metric tons by 2026. This is a slight increase from the 123,000 metric tons recorded in 2021, growing at an average rate of 0.3% year-on-year. In 2017, Japanese demand for peanuts decreased by 0.3% year-on-year. In 2021, Canada consumed more peanuts than Japan, at 123,000 metric tons. India, Nigeria, and the United States followed, respectively, ranking 2nd, 3rd, and 4th in this ranking. Japanese peanut production is projected to reach 9,420 metric tons by 2026, a decrease of 4.1% year-on-year CAGR from 12,050 metric tons in 2021. Since 1966, Japanese peanut supply has dropped by 4.9% year-on-year. In 2021, Libya produced more peanuts than Japan, at 12,050 metric tons. India, Nigeria, and the United States followed, respectively, ranking 2nd, 3rd, and 4th in this ranking.
