Peanuts Price Trend and Forecast 2026-2027

Argentina remained the priciest Peanuts market tracked, rising just above 3.1% in Q2 2026 to near USD 1,330.00/MT from about USD 1,290.00/MT in Q1, and it was strong global export demand given Argentina's position as the world's largest peanut exporter that kept the market elevated. The global average climbed from close to USD 1,005.00/MT to near USD 1,035.00/MT, a gain of roughly 3.0%. What stands out here is that the United States stands apart from the other three markets tracked, with persistent oversupply from continued high peanut acreage keeping its pricing far below Argentina, India, and China despite ranking as the world's fourth-largest producer, and the global average is likely to run in the USD 1,000 to 1,150/MT range through the second half of the year.

Peanuts, also known as groundnuts, are edible legume seeds that grow underground, consumed dry roasted, boiled, baked, or raw as a snack food, and processed into peanut oil and other food products. Argentina stands as the world's largest peanut exporter, while China, India, and Nigeria lead global production by volume. The United States ranks as the fourth-largest producer and typically exports around a fifth of its annual output, though most domestic production is consumed within the country. Because this crop depends on both growing-season conditions and shifting planting decisions relative to competing crops, monsoon performance in key growing regions like India's Saurashtra, competing acreage decisions relative to crops like cotton, and global demand for healthy snack ingredients are what really move the price from quarter to quarter.

Peanuts Price Forecast for 2026

Steady global demand for healthy snack ingredients shows no clear sign of slowing, which points toward continued gradual firmness through H2 2026 across Argentina, India, and China. The United States market should continue depending heavily on the pace of trade sentiment improvement and whether growers begin shifting acreage away from peanuts given persistent oversupply concerns.

A poor monsoon in India, or a stronger-than-expected recovery in United States-China trade conditions, could be what pushes prices above this forecast. Continued high United States peanut acreage, or a particularly strong Argentine or Chinese harvest, could be what keeps the market closer to the lower end instead.

For the Quarter Ending June 2026

Peanuts Prices Q2 2026:

• Argentina: USD 1,330.00/MT
• India: USD 1,210.00/MT
• China: USD 1,135.00/MT
• United States: USD 465.00/MT

Peanuts Prices in Argentina

Argentina stayed the priciest market tracked, with the price moving from about USD 1,290.00/MT to near USD 1,330.00/MT, a gain of just above 3.1%. It was continued strong global export demand, given Argentina's position as the world's largest peanut exporter, that carried the increase.

Why did the price of Peanuts change in Q2 2026 in Argentina?

Argentina's position as the world's largest peanut exporter keeps demand for its crop consistently firm across European and Asian markets, and it is this steady export pull, combined with typical seasonal supply patterns, that has kept Argentine pricing at the top of the range this quarter.

Peanuts Prices in India

The Indian price moved from about USD 1,180.00/MT to near USD 1,210.00/MT, a gain of just above 2.5%. It was steady export and domestic demand, together with typical seasonal supply conditions, that carried the increase.

Why did the price of Peanuts change in Q2 2026 in India?

Indian groundnut pricing depends heavily on the performance of the Kharif monsoon in Gujarat's Saurashtra region, the backbone of Indian peanut exports, and it is this domestic crop performance, combined with competing supply from Argentina and steady global demand for healthy snack ingredients, that has kept Indian pricing on a gradual upward path.

Peanuts Prices in China

The Chinese price moved from about USD 1,105.00/MT to near USD 1,135.00/MT, a gain of just above 2.7%. It was steady domestic demand, together with typical seasonal supply conditions, that carried the increase.

Why did the price of Peanuts change in Q2 2026 in China?

China ranks among the world's largest peanut producers, and it is this substantial domestic scale, combined with steady demand from both food processing and direct consumption, that has kept Chinese pricing on a gradual upward path.

Peanuts Prices in United States

The United States price moved from about USD 445.00/MT to near USD 465.00/MT, a gain of just above 4.5%, though it remained by far the most affordable of the four markets tracked given persistent oversupply. It was modest recovery in trade sentiment, together with continued high peanut acreage, that shaped the quarter.

Why did the price of Peanuts change in Q2 2026 in United States?

High peanut acreage has continued into 2026, keeping overall United States production elevated, and oversupply continues pressuring prices with high volatility even as modest improvement in trade conditions has supported a gradual recovery from the depressed levels recorded entering the year, a pattern distinct from the steadier, export-driven markets tracked elsewhere.

For the Quarter Ending March 2026

Peanuts Prices Q1 2026:

• Argentina: USD 1,290.00/MT
• India: USD 1,180.00/MT
• China: USD 1,105.00/MT
• United States: USD 445.00/MT

Peanuts Prices in Argentina

The price reached close to USD 1,290.00/MT in Q1 2026, a rise of just above 3.2% from Q4 2025. It was steady export demand, together with typical seasonal supply conditions, that pushed the market higher.

Why did the price of Peanuts change in Q1 2026 in Argentina?

Export demand held its usual steady pace entering the year, and it was this consistency, meeting typical seasonal supply patterns, that drove the Argentine increase.

Peanuts Prices in India

The price reached close to USD 1,180.00/MT in Q1 2026, a rise of just above 2.6% from Q4 2025. It was steady demand, together with typical seasonal supply conditions, that pushed the market higher.

Why did the price of Peanuts change in Q1 2026 in India?

Demand held its usual steady pace entering the year, and it was this consistency, meeting typical seasonal supply patterns tied to the prior Kharif harvest, that drove the Indian increase.

Peanuts Prices in China

The price reached close to USD 1,105.00/MT in Q1 2026, a rise of just above 2.3% from Q4 2025. It was steady demand, together with typical seasonal supply conditions, that pushed the market higher.

Why did the price of Peanuts change in Q1 2026 in China?

Demand held its usual steady pace entering the year, and it was this consistency, meeting typical seasonal supply patterns, that drove the Chinese increase.

Peanuts Prices in United States

The price reached close to USD 445.00/MT in Q1 2026, a rise of just above 6.0% from Q4 2025, recovering modestly from a sharp decline tied to oversupply.

Why did the price of Peanuts change in Q1 2026 in United States?

Rising production driven by growers shifting land away from less profitable crops, combined with low cotton prices and high fertilizer costs encouraging continued high peanut acreage, has outpaced demand growth, contributing to rising ending stocks, and it was modest improvement in trade sentiment around United States-China relations that drove the modest United States recovery this quarter, even as oversupply kept pricing well below every other market tracked.

Quarterly Peanuts Price Trends

This market moved unevenly across the six quarters tracked here, dominated by the sharp United States oversupply-driven decline. Close to USD 930.00/MT in Q1 2025 rose to about USD 944.75/MT, near USD 960.25/MT, and close to USD 975.00/MT by Q4, before continuing to about USD 1,005.00/MT in Q1 2026 and near USD 1,035.00/MT in Q2. That is a rise of roughly 11.3% across the full window, with Argentina, India, and China driving the global gain even as the United States moved the opposite direction for much of the period.

What was Peanuts Price in 2025?

It was a genuinely divergent year, with Argentina, India, and China climbing steadily on strong global demand for healthy snack ingredients, while the United States fell sharply on persistent oversupply tied to continued high peanut acreage and slow demand growth. The global average opened near USD 930.00/MT in Q1 and climbed to close to USD 975.00/MT by Q4, a rise of just above 4.8% for the year, masking the sharp United States decline building underneath.

Peanuts Prices in Argentina in 2025

The Argentine price climbed from about USD 1,150.00/MT in Q1 2025 to near USD 1,250.00/MT by Q4, a rise of just above 8.7% for the year, holding the highest absolute cost among the four markets tracked throughout. It was Argentina's dominant position as the world's largest peanut exporter, meeting steady global demand for healthy snack ingredients, that drove the sustained climb through 2025.

Peanuts Prices in India in 2025

The Indian price climbed from about USD 1,050.00/MT in Q1 2025 to near USD 1,150.00/MT by Q4, a rise of just above 9.5% for the year. It was steady global demand for healthy snack ingredients, meeting Kharif monsoon performance in the Saurashtra and Kutch regions that shapes domestic crop supply, that drove the sustained climb through 2025.

Peanuts Prices in China in 2025

The Chinese price climbed from about USD 990.00/MT in Q1 2025 to near USD 1,080.00/MT by Q4, a rise of just above 9.1% for the year. It was steady demand from food processing and direct consumption, combined with China's substantial production base, that drove the sustained climb through 2025.

Peanuts Prices in United States in 2025

The United States price fell sharply from about USD 530.00/MT in Q1 2025 to near USD 420.00/MT by Q4, a decline of just above 20.8% for the year, the smallest absolute cost among the four markets tracked throughout by a wide margin. It was rising production outpacing demand growth, as growers continued shifting land into peanuts amid low cotton prices and high fertilizer costs, that drove the sharp decline through 2025, entering the 2025/26 marketing year with a postharvest price reflecting significant oversupply concerns.

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Expert Market Research: Your Source for Real-Time Peanuts Price Intelligence

The Peanuts market splits sharply between Argentina, India, and China's steady export-driven gains and the United States' persistent oversupply challenge, so Expert Market Research tracks monsoon performance in key growing regions closely alongside competing acreage decisions relative to crops like cotton and global demand for healthy snack ingredients across the four markets covered here. This is combined with trade flow data to build the forecasts. For Peanuts pricing data, custom analysis, or procurement strategy support, the team is glad to help.