Browse Data and Analysis

While the United States holds a 5-year average of less than 1 percent market share ($20.7 million in 2023 exports), Senegal has a growing food manufacturing industry that seeks cost-competitive ingredients and is expanding its exports to neighboring countries.

FAS/Managua projects marketing year 2024/25 peanut production to rebound to a record high of 230,000 metric tons on sustained high area planted and improved growing conditions following a damaging El Niño cycle in 2023/24.

FAS/Managua projects marketing year 2023/24 Nicaraguan peanut production to return to historic high levels, near 200,000 metric tons on an in-shell basis, as deteriorating political conditions and rising economic instability improve the risk-reward calculations of peanuts relative to longer-term investments in sugar or cattle.

Senegal Marketing Year (MY) 2022/23 area and production levels are forecast to increase 1.6 percent and 7 percent at 1.23 million hectares (Mha) and 1.8 million tons (Mt), respectively, on expectations of a good farm gate price, typical weather conditions, and appropriate use of fertilizer. Post forecasts MY 2022/23 exports at 460,000 tons, increasing 15 percent compared to the previous year based on available supply and higher demand.

FAS/Managua expects 2022 peanut and oil production to remain flat from the previous year, with the vast majority of peanuts and virtually all peanut oil exported overseas.

For Marketing Year (MY) 2020/2021, Nicaragua's peanut production reached over 194,000 metric tons (mt), which is a 21 percent increase compared to the previous cycle

Nicaragua peanut production fell 11 percent in marketing year (MY) 2019/2020 dropping to 158,000 metric tons (MT).

In Nicaragua, imports of genetically engineered crops (GE) are limited to use as animal feed.

The West African nations of Côte d’Ivoire, The Gambia, Ghana, Nigeria, and Senegal are home to some of the largest cities in the region...

Peanut production fell 14 percent in marketing year (MY) 2018/2019.

Since signing the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) in April 2006, Nicaragua has enjoyed a strong trade relationship with its largest trading partner....

In MY 2017/2018, palm oil production increased 23 percent due to new-planted areas starting to bear fruit.