The 2023 data indicates China dominates the global peanut oil supply with a 49.08% share. India holds a significant fraction at 20.12%, followed by minor contributors like Sudan, Nigeria, and Myanmar. Noteworthy year-on-year changes are seen in the US with 2.89% growth and Brazil with a substantial 21.67% rise, while Argentina, Vietnam, and Switzerland experienced declines. The 5-year CAGR suggests gradual shifts in global supply dynamics.
Future trends to watch for include China's continued leadership, potential growth in emerging markets like Brazil and Burkina Faso, and the influence of geopolitical and economic changes on agricultural production across regions. Monitoring technological advancements in oil production could also offer new opportunities for optimizing supply chains.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 49.08 | 2023 | +6.67% | +1.3% | View data |
| 2 | 2 India | 20.12 | 2023 | -0.97% | -0.53% | View data |
| 3 | 3 Sudan | 4.07 | 2023 | -1.69% | +0.85% | View data |
| 4 | 4 Nigeria | 3.73 | 2023 | 0% | 0% | View data |
| 5 | 5 Myanmar | 3.59 | 2023 | +6.67% | +0.72% | View data |
| 6 | 6 United States | 2.22 | 2023 | -0.63% | +2.89% | View data |
| 7 | 7 Brazil | 2.13 | 2023 | +2.01% | +21.67% | View data |
| 8 | 8 Tanzania | 2.13 | 2023 | 0% | 0% | View data |
| 9 | 9 Burkina Faso | 1.82 | 2023 | +4% | +11.33% | View data |
| 10 | 10 Argentina | 1.37 | 2023 | +28.95% | -5.05% | View data |