Global Groundnuts Demand Share by Country (Thousand Metric Tons)

China holds the largest share of the global groundnuts demand, accounting for 35.6 thousand metric tons, followed by India (14.4) and Nigeria (9.5). The United States and Indonesia round out the top five, with 4.52 and 3.41 thousand metric tons respectively. Though variations show slight increases in demand in India (1.06%) and Nigeria (2.29%), regions like Indonesia have seen a minor decline (-0.36%). Smaller markets such as Argentina and Russia have experienced significant growth rates of 1.59% and 1.57% respectively.

Future trends to watch include the growing demand from emerging markets, particularly in Africa, with countries like Nigeria, Ivory Coast, and Ghana showing positive growth. On the other hand, regions experiencing negative or stagnant growth might see shifts in market strategies to reclaim or expand their shares.

Top countries in Groundnuts Demand Share by Country (Thousand Metric Tons)

# 10 Countries Percent Last Year YoY 5-years CAGR
1 1 China 35.6 2023 +0.41% +0.36% View data
2 2 India 14.4 2023 -0.11% +1.06% View data
3 3 Nigeria 9.5 2023 +1.57% +2.29% View data
4 4 United States 4.52 2023 +0.41% +0.58% View data
5 5 Indonesia 3.41 2023 +0.24% -0.36% View data
6 6 Myanmar 3.11 2023 0% -0.04% View data
7 7 Chad 1.92 2023 +0.87% +0.75% View data
8 8 Senegal 1.57 2023 +0.8% +0.95% View data
9 9 Niger 1.29 2023 +1.57% +2.29% View data
10 10 Vietnam 1.21 2023 +0.69% -0.74% View data

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