Key Market Indicators
Korea's peanut consumption is expected to remain stable over the next five years, reaching 59,000 metric tons in 2026. Demand has grown 0.6% each year since 2017 and the country currently ranks 48th in the world in terms of consumption. Afghanistan is one position ahead of Korea, with 59,000 metric tons. India, Nigeria and the US are the top three consumers, respectively. Production of peanuts in Korea is expected to drop slightly over the next five years, reaching 11,400 metric tons in 2026. Supply has dropped by an average of 5.8% each year since 1966, and the country is currently 66th in the world in terms of production. Guatemala is one position ahead of Korea, with 11,510 metric tons. India, Nigeria and the US are the top three producers, respectively.
