Key Market Indicators
Bangladeshi peanut consumption is projected to reach 74,000 metric tons by 2026, up from 70,000 metric tons in 2021. This is an average year-over-year growth rate of 0.8%. Since 2017, Bangladeshi demand has grown at a rate of 1% per year. In 2021, Bangladesh was 43rd in the world rankings, with Taiwan coming in at number 43 with 70,000 metric tons. India, Nigeria and the United States ranked numbers 2, 3 and 4, respectively. Bangladeshi peanut production is forecast to hit 72,710 metric tons by 2026, up from 66,920 metric tons in 2021. This is an average year-over-year CAGR of 1.4%. Since 1966, Bangladeshi supply has grown at a rate of 1.5% per year. In 2021, Bangladesh was 35th in the world rankings, with Sierra Leone coming in at number 36 with 66,920 metric tons. India, Nigeria and the United States ranked numbers 2, 3 and 4, respectively.