Peanut production increases by more than 100% in 8 years

Published 2022년 9월 30일

Tridge summary

Brazil's peanut production has seen a significant increase, rising from 346.8 thousand tons in the 2014/2015 harvest to an estimated 746.7 thousand tons in the 2021/22 cycle, a 115% increase. This growth is primarily due to an expansion in cultivation areas. Brazil's peanut production accounts for 70% of the global production, with the majority being exported. The country's largest producer is São Paulo, with an estimated harvest of 692,700 tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Peanut production in Brazil jumped from 346.8 thousand tons in the 2014/2015 harvest to an estimated 746.7 thousand tons in the 2021/22 cycle, an increase of 115%, according to data from the National Supply Company (Conab ). The result would be the result of the increase in the area destined for the culture. According to a report by Canal Rural website, worldwide, more than 44 million tons of peanuts are produced per year. The biggest peanut producer in the world is China. Brazil occupies the 11th place. About 70% of production is destined for the international market. Among the main buyers are Holland, Poland, Australia and Italy. Other important buyers are Russia, Ukraine, the United Kingdom, Colombia, South Africa and Mexico. In Brazil, the largest peanut producer is São Paulo, with an estimated harvest of 692,700 tons and growth expectations. The result represents an increase of 23.3% in relation to the previous state harvest, according to data from the 12th Grain Harvest ...
Source: Noticias

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