The Nigerien groundnuts market expanded remarkably to $X in 2020, growing by X% against the previous year. In general, the total consumption indicated strong growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2013 indices. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Groundnuts consumption peaked in 2020 and is likely to see gradual growth in the immediate term.
In value terms, groundnuts production surged to $X in 2020 estimated in export prices. Overall, production showed a prominent expansion. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2020, production failed to regain the momentum.
In 2020, the average groundnuts yield in Nigeria declined modestly to X tonnes per ha, remaining constant against the year before. Over the period under review, the yield continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the average groundnuts yield reached the peak level at X tonnes per ha in 2010; however, from 2011 to 2020, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
Features of Groundnut
Planters Lightly Salted Dry Roasted Peanuts have irresistible crunchy texture, satisfying taste and are dry roasted without oil. Seasoned with a touch of sea salt, these nuts skimp on sodium but not on flavor, making them a great way to fulfill your salty-snack cravings. The dry roasted lightly salted peanuts deliver 170 calories and 75 mg. of sodium per 1 oz. serving for a craveable heart-healthy treat that’s perfect for eating while on-the-go. Scientific evidence suggests but does not prove that eating 1.5 oz. per day of most nuts as part of a diet low in saturated fat and cholesterol and not resulting in increased calorie intake, may reduce the risk of heart disease. Packed in an airtight jar, these Kosher nuts stay fresh and resist spills thanks to the convenient twist-off lid. Keep this 16 oz. jar of party nuts on hand for sharing with friends, take the bulk nuts along on family road trips, or grab a handful of the peanuts anytime you crave a flavorful, crunchy treat.
Benefits of Groundnut
The peanut, also known as the groundnut, is a legume crop grown mainly for its edible seeds. It is widely grown in the tropics and subtropics, being important to both small and large commercial producers. A typically among legume crop plants, peanut pods develop underground (geocarpy) rather than above ground. With this characteristic in mind, the botanist Carl Linnaeus named the species hypogaea, which means “under the earth”.
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