Key Market Indicators
Vietnamese peanut consumption is expected to reach almost 600,000 metric tons by 2026, up 0.6% from 2021. Since 2017, demand has declined by 1.7% on an annual basis. Vietnam was the 10th-largest consumer in 2021, behind Nigeria at 575,000 metric tons. India, Nigeria, and the United States ranked 2nd, 3rd, and 4th respectively. Vietnam's peanut production is projected to decrease slightly by 0.1% to 441,050 metric tons by 2026, compared to 443,240 metric tons in 2021. Since 1966, supply has grown by 0.7% annually. The country was the 15th-largest producer in 2021, behind the Democratic Republic of the Congo at 443,240 metric tons. India, Nigeria, and the United States were the top three producers.
