North America Mung Beans Prices Movement Q3:

Mung Beans Prices in United States:

In the fourth quarter, the price of mung beans in the United States reached 0.72 USD/lb by December. In the fourth quarter, the price of mung beans in the United States reflecting a steady demand from both consumers and food manufacturers. This price increase can be attributed to various factors, including rising interest in plant-based diets and the growing popularity of mung beans as a nutritious ingredient in various culinary applications, such as soups, salads, and snacks. Additionally, supply chain challenges and fluctuations in agricultural production have influenced pricing dynamics. As health-conscious consumers continue to seek alternative protein sources, the elevated prices of mung beans underscore their significance in the evolving food market.

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Note: The analysis can be tailored to align with the customer's specific needs.

APAC Mung Beans Prices Movement Q3:

Mung Beans Prices in China:

Similarly, in China, the mung beans prices hit 0.65 USD/lb in December. Similarly, in China, mung bean, reflecting a consistent demand driven by their popularity in traditional dishes and health foods. This pricing trend is influenced by the growing consumer interest in plant-based proteins and nutritious ingredients, as well as the rising use of mung beans in various culinary applications, including desserts and savory meals. Factors such as agricultural production levels, supply chain dynamics, and market competition have also played a role in shaping these prices. As China's food market evolves, the stable demand for mung beans highlights their importance in promoting healthy eating habits and culinary diversity.

Regional Analysis:  The price analysis can be extended to provide detailed natural gas price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Factors Affecting Mung Beans Supply and Prices

The supply and prices of mung beans are influenced by factors such as weather conditions, crop yields, and land availability. Adverse weather events like droughts or floods can reduce harvests, tightening supply. Demand from both domestic and international markets, particularly for food and health products, also affects pricing. Additionally, labor costs, transportation expenses, and government policies on agriculture can impact production levels. Fluctuations in global trade and currency exchange rates may further influence mung bean prices.

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How IMARC Pricing Database Can Help

The latest IMARC Group study, “Mung Beans Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Mung Beans price trend, offering key insights into global Mung Beans 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 Mung Beans 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.

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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