Groundnuts Demand in Nigeria

Nigeria Peanut Consumption is set to reach 4,800 Thousand Metric Tons by 2026 from 4,440 Thousand Metric Tons 2021, grew 2.8% per year. Since 2017, the demand increased 0.8% year on year reaching 47,850 Thousand Metric Tons. The country came in number 3 in 2021, India overtook 4,440 Thousand Metric Tons. India, Nigeria and the United States respectively ranked numbers 2, 3 and 4 in this ranking.

How does Nigeria rank in Groundnuts Demand?

# 128 Countries Thousand Metric Tons Last Year YoY 5-years CAGR
1 1 China 17,180 2023 +0.41% +0.36% View data
2 2 India 6,950 2023 -0.11% +1.06% View data
3 3 Nigeria 4,590 2023 +1.57% +2.29%
4 4 United States 2,180 2023 +0.41% +0.58% View data
5 5 Indonesia 1,650 2023 +0.24% -0.36% View data

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