In 2024, China led global groundnut production with a significant dominance, producing 18.423 million metric tons, followed by India with 7.3797 million metric tons and Nigeria with 4.9647 million metric tons. Notable year-on-year variations included Argentina's substantial increase by 8.91%, while India and Uganda saw declines of 4.42% and 5.31%, respectively. Countries like Ethiopia and Uzbekistan experienced marked growth rates of 4.58% and 10.77%, respectively, whereas Indonesia and South Africa encountered major declines, down by 40.19% and 25.37%, respectively.
Future trends to watch include:
- Continued dominance by China in global groundnut production
- Emerging production increases in countries like Argentina and Ethiopia
- Potential rebounds or further declines in lagging economies such as Indonesia and South Africa
- Fluctuations in production due to climatic factors and technological advancements
Top countries in Groundnuts Production by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 18,423,000 | 2023 | +1.14% | +1.16% | View data |
| 2 | 2 India | 7,379,700 | 2023 | +0.025% | -4.42% | View data |
| 3 | 3 Nigeria | 4,964,700 | 2023 | +2.16% | +1.54% | View data |
| 4 | 4 United States | 2,670,000 | 2023 | +0.96% | +1.38% | View data |
| 5 | 5 Myanmar | 1,728,000 | 2023 | +1.62% | +2.03% | View data |
| 6 | 6 Senegal | 1,669,600 | 2023 | +3.39% | +2.16% | View data |
| 7 | 7 Argentina | 1,411,600 | 2023 | +3.17% | +8.91% | View data |
| 8 | 8 Chad | 1,007,300 | 2023 | +1.89% | +2.42% | View data |
| 9 | 9 Brazil | 659,950 | 2023 | +2.92% | +3.22% | View data |
| 10 | 10 Tanzania | 646,620 | 2023 | -1.35% | -0.71% | View data |