North America Lentils Prices Movement Last Quarter:
Lentils Prices in United States:
In the last quarter of 2024, the lentils prices in the United States stabilized at 0.45 USD/lb, reflecting the culmination of market dynamics throughout the quarter. The pricing trend was influenced by steady demand from both domestic and international markets, coupled with sufficient supply levels maintained by key producers. Seasonal consumption patterns, particularly during the holiday season, further supported lentil prices as demand surged in the latter part of the quarter. Despite fluctuations in agricultural input costs and logistical challenges in global trade, the lentil market remained relatively balanced, enabling the price to settle at this level by the year's end.
APAC Lentils Prices Movement Last Quarter:
Lentils Prices in China:
Similarly, in the last quarter of 2024, lentil prices in China reached 0.58 USD/lb, driven by robust domestic demand and the influence of global market trends. The higher price compared to the U.S. reflected increased consumption during seasonal festivities and the growing preference for protein-rich legumes in Chinese diets. Additionally, import dependencies and elevated transportation costs contributed to the upward pressure on prices. Despite steady supply levels, logistical challenges and currency fluctuations further influenced the pricing dynamics, resulting in lentils being priced higher in China by the end of the quarter.
North America Lentils Prices Movement Last Quarter:
Lentils Prices in Canada:
In the last quarter of 2024, Canada experienced a rise in lentil prices, reaching 0.67 USD/lb, driven by several key factors. As one of the world's largest producers and exporters of lentils, Canada's pricing was influenced by strong international demand, particularly from markets like India and the Middle East. Additionally, the country's favorable growing conditions and steady supply helped maintain market stability, although transportation challenges and logistical delays raised costs. Seasonal demand and the increased popularity of plant-based protein sources also played a role in driving up the price of lentils in Canada by the end of the year.
How the IMARC Pricing Database Can Help
The latest IMARC Group study, “Lentils Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Lentils price trend, offering key insights into global Lentils market dynamics. This report includes comprehensive price charts, which trace historical data and highlight 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 Lentil's demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the price report uncovers critical factors influencing current and future prices.
Unlock Real-Time Lentils Prices Trend Today: https://www.imarcgroup.com/lentils-pricing-report
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145
