Key Market Indicators
Peanut consumption in Mexico is projected to reach 312,000 metric tons by 2026. This would be an increase of 0.5% on average each year since 2021, when the figure was 303,000 metric tons. From 2017 to 2021, Mexican demand for peanuts increased by 1.2% each year. In 2021, Mexico placed 16th in the world ranking, behind Argentina's 303,000 metric tons. India, Nigeria, and the United States came in second, third, and fourth, respectively. Mexican peanut production is expected to decline by 1.1% each year on average between 2021 and 2026, falling from 82,810 metric tons to 77,490 metric tons. This would be a decrease of 2.9% since 1966. In 2021, Mexico ranked 33rd in the world, behind Zimbabwe's 82,810 metric tons. India, Nigeria, and the United States came in second, third, and fourth, respectively.
