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The Punjab government has launched a USD 116.82 million (INR 10 billion) initiative to expand peanut cultivation across 300,000 acres in the Potohar region. As part of the broader “Transformation Plan for Potohar Region,” the project also includes the introduction of modern farming practices, irrigation systems, and soil conservation measures to support sustainable agriculture. These efforts aim to enhance productivity, improve water efficiency, and support farmers through quality seed distribution, research facilities, and value-added practices. The initiative is expected to significantly boost peanut production and promote high-value agriculture in the region.
In Jan-25 and Feb-25, Uzbekistan exported 2,956 metric tons (mt) of peanuts worth USD 2.9 million, marking a 47.6% increase compared to the same period in 2024. This growth reflects rising international demand and strengthens Uzbekistan's position in the agricultural export market. Key importers included Kazakhstan, Pakistan, Azerbaijan, China, and Russia, with regional and Asian markets accounting for most shipments.
Brazil's peanut prices rose to USD 3.20 per kilogram (kg) in W15, reflecting a 1.27% week-on-week (Wow) and 8.47% year-on-year (YoY) increase. The ongoing harvest, currently at its midpoint, has shown favorable yields and quality. However, continued rainfall threatens to delay completion and lower overall output. Following a weak crop in 2024, Brazilian exporters are adopting aggressive pricing strategies to rebuild competitiveness, especially in non-European markets. This approach may undercut suppliers like the United States (US) and Nicaragua, intensifying global competition. If weather delays persist, reduced supply could further drive up prices.
Given the strong growth in Uzbekistan’s peanut exports to regional markets such as Pakistan, Kazakhstan, and China, exporters in emerging peanut-producing regions like Punjab should prioritize developing trade links with these high-demand destinations. Establishing bilateral trade agreements, participating in regional trade fairs, and aligning product standards with importer requirements can improve market access and competitiveness.
As Brazil’s aggressive pricing strategy puts pressure on global suppliers, including the US and Nicaragua, producers should shift focus toward value-added peanut products (e.g., roasted, flavored, or peanut-based snacks). This move can help differentiate offerings, improve margins, and reduce vulnerability to raw peanut price fluctuations. Public and private investment in processing infrastructure and branding can support this transition.
Sources: Tride, Ukr AgroConsult, Business Recorder, UZ Daily
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