Key Market Indicators
Filipina peanut consumption is set to drop to 100,000 metric tons by 2026, according to an annual average rate of 0.4%. Since 2017, demand has fallen 0.6% each year. The country ranked 36th in 2021, behind Algeria at 105,000 metric tons. India, Nigeria, and the United States took the top three spots in this ranking. Filipina peanut production is expected to remain unchanged at 29,280 metric tons by 2026. Since 1966, the country has seen an annual average growth of 1%. In 2021, it ranked 45th, with Gabon just ahead at 29,290 metric tons. India, Nigeria, and the United States were the top three in this list.
