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Groundnuts (Peanuts) Price

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"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.

Top Producers

RankCountryQuantity
1China19,230,700 t
2India10,395,061 t
3Nigeria4,300,000 t
4United States2,666,020 t
5Myanmar (Burma)1,784,925 t
6Senegal1,675,329 t
7Sudan1,385,800 t
8Guinea1,000,000 t
9Argentina962,674 t
10Brazil875,205 t

FAOSTAT production data, 2023.

Top Importers

RankCountryQuantity
1China120,517 t
2Malaysia35,575 t
3Kenya18,927 t
4Germany17,175 t
5Italy16,867 t
6United Kingdom16,852 t
7Spain15,537 t
8Canada8,663 t
9Thailand6,556 t
10Afghanistan6,089 t

FAOSTAT trade data, 2023.

Top Exporters

RankCountryQuantity
1United States203,442 t
2Benin98,562 t
3Egypt27,360 t
4India22,257 t
5China21,863 t
6Myanmar (Burma)16,517 t
7Côte d’Ivoire9,490 t
8Mali8,983 t
9Laos6,206 t
10Gambia4,620 t

FAOSTAT trade data, 2023.

About Groundnuts (Peanuts)

A legume grown for direct food use (roasted, peanut butter) and crushed into groundnut oil. China, India and Nigeria are the largest producers, though most of the crop is consumed domestically rather than traded internationally.

Latest World price (2025-12): -26% vs. the 5-year average, -23% vs. the 10-year average, -29% vs. a year ago.

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