Key Market Indicators
Iraq's peanut consumption is expected to reach 18 thousand metric tons by 2026, according to a recent report. This is an increase of 0.7% per year, on average, since 2021 when it stood at 17 thousand metric tons. Since 2017, demand for peanuts in Iraq has decreased by 1.9% each year. In 2021, Iraq was the 75th largest consumer of peanuts, with Madagascar taking its place at 17 thousand metric tons. India, Nigeria, and the United States were the top three consumers in 2021. Iraq's peanut production is also set to fall by 23.7% annually to reach 758.45 metric tons by 2026. Since 1969, production of peanuts in Iraq has decreased by 8.1% each year. In 2021, Iraq was the 77th largest producer of peanuts, with East Timor taking its place at 3,340 metric tons. India, Nigeria, and the United States were the top three producers in 2021.
