Key Market Indicators
Indonesia's peanut consumption is projected to reach 1.7 million metric tons by 2026. This is a 0.2% increase from 2021, when the country consumed 1.6 million metric tons. This is a decrease from 2017, when the country's demand was down 0.7% year on year. In 2021, the United States ranked first in consumption, with 1.6 million metric tons. India, Nigeria, and the United States ranked second, third, and fourth respectively. Indonesian peanut production decreased 25.8% in 2021, to 153,960 metric tons, from 207,600 metric tons in 2020. Since 1966, the country's supply has decreased 20.9% year on year. Nicaragua overtook Indonesia in 2021, ranking first with 153,960 metric tons. India, Nigeria, and the United States ranked second, third, and fourth respectively.