Key Market Indicators
Senegalese peanut consumption is forecast to reach almost 800,000 metric tons by 2026. In 2021, it stands at 747,000 metric tons, a year-on-year growth rate of 0.6%. Since 2017, demand has increased by 1.1% annually. In 2021, Senegal was the ninth-largest consumer, behind Chad, with 747,000 metric tons. India, Nigeria and the United States were ranked second, third and fourth respectively. Meanwhile, local peanut production is also set to grow, reaching 1.8 million metric tons by 2026. In 2021, it stands at 1.6 million metric tons, a year-on-year growth rate of 2.5%. Since 1966, supply has increased by 16.7% annually. In 2021, Senegal was the sixth-largest producer, behind Myanmar, with 1.6 million metric tons. India, Nigeria and the United States were ranked second, third and fourth respectively.