Global groundnut production is dominated by China, producing 17.62 million metric tons, followed by India and Nigeria with 7.24 and 5.06 million metric tons respectively. The United States and Myanmar also lead with more than a million metric tons annually. Year-on-year, key growth was seen in Zimbabwe, Greece, and Uzbekistan. India, Nigeria, and Ethiopia also experienced steady growth. Conversely, Indonesia and Argentina saw reductions in production volumes. The compound annual growth rate (CAGR) over five years highlights significant increases for some African countries such as Senegal and Ghana, while Asian countries like Pakistan face declines.
Looking ahead, there is potential for growth in Africa, leveraging climate adaptability strategies and improved farming techniques. The challenge remains for countries facing declining trends to innovate and adapt to maintain production levels, amidst increasing global demand for groundnuts in food industries.
Top countries in Groundnuts Production by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 17,620 | 2023 | +0.39% | +0.26% | View data |
| 2 | 2 India | 7,240 | 2023 | -0.23% | +1.57% | View data |
| 3 | 3 Nigeria | 5,060 | 2023 | +1.87% | +1.9% | View data |
| 4 | 4 United States | 2,770 | 2023 | +0.62% | +2.11% | View data |
| 5 | 5 Myanmar | 1,590 | 2023 | +0.25% | +0.39% | View data |
| 6 | 6 Chad | 929 | 2023 | +0.87% | +0.77% | View data |
| 7 | 7 Senegal | 925 | 2023 | +1.31% | +1.8% | View data |
| 8 | 8 Indonesia | 918 | 2023 | -1.92% | -1.7% | View data |
| 9 | 9 Argentina | 861 | 2023 | -1.94% | -1.34% | View data |
| 10 | 10 Niger | 624 | 2023 | +1.87% | +1.9% | View data |