APAC Peanuts Prices Movement Last Quarter:
Peanuts Prices in India:
In the last quarter of 2023, peanut prices in India reached 1,476 USD/MT by December, reflecting the peanut price trend shaped by fluctuating supply and strong domestic demand. Erratic monsoon patterns impacted peanut cultivation, resulting in lower-than-expected yields and tighter supply, which drove prices higher. Additionally, robust demand from the food processing and snack industries further fueled the price increase. Export activities also contributed, with Indian peanuts maintaining strong competitiveness in international markets. Despite these challenges, government procurement support helped stabilize the m arket, preventing further price spikes and ensuring a positive outlook for Indian peanuts.
Peanuts Prices in China:
In the last quarter, peanut prices in China increased to 1,696 USD/MT due to strong demand and limited supply. The rise in consumption from the edible oil and snack sectors pushed prices higher. Additionally, weather-related disruptions during the harvest led to lower production, further reducing supply. China's heavy reliance on peanuts for food products worsened the supply shortage. Export restrictions to protect local stock also added pressure to the market. These factors together caused a sharp rise in peanut prices in China during the last quarter.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Peanuts Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Peanuts price trend, offering key insights into global Peanuts market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Peanuts demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
Request to Get the Sample Report: https://www.imarcgroup.com/peanuts-pricing-report/requestsample
Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
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