Key Market Indicators
Venezuelans consumed 1,000 metric tons of peanuts in 2021, a 47.4% decrease from the 1,900 metric tons consumed in 2020. This marks a 20.6% decrease since 2017. Guyana overtook Venezuela for 118th place in the ranking, with 1,000 metric tons. India, Nigeria, and the United States were the top three in the rankings, respectively. Venezuelan peanut production is set to reach 2,280 metric tons by 2026. This marks a 1.4% average year-on-year decrease since 1966, and a 19.6% decrease since 1966. Vanuatu overtook Venezuela for 79th place in the ranking, with 2,480 metric tons. India, Nigeria, and the United States were the top three in the rankings, respectively.