Analysis of China’s increasing import demand for Uzbekistan’s mung bean market

Mung bean is a temperature-loving crop and is mainly distributed in temperate, subtropical and tropical regions, most widely in Southeast Asian countries such as India, China, Thailand, Myanmar and the Philippines. The largest mung bean producer in the world is India, followed by China. Mung beans are the main edible legume crop in my country and are grown in many regions. Mung beans have high economic value and many uses. They are known as "green pearls" and are widely used in the food industry, brewing industry, and pharmaceutical industry. Mung bean is a high-protein, low-fat, medium-starch, medicinal and food-derived crop. Mung beans have high nutritional and health-care value. In addition to daily mung bean soup and porridge at home, they can also be used to make bean paste, vermicelli, vermicelli, and bean sprouts. my country has always been a major consumer of mung beans, with an annual consumption of about 600,000 tons of mung beans. As the national awareness of nutrition and health care increases, mung bean consumption continues to grow.

The main importing countries of mung beans in my country are Myanmar, Australia, Uzbekistan, Ethiopia, Thailand, Indonesia, India and other countries. Among them, Uzbekistan has abundant sunshine and fertile soil, which is suitable for mung bean cultivation. Since 2018, Uzbek mung beans have entered the Chinese market.Nowadays, mung beans from Uzbekistan can be transported to Zhengzhou, Henan in just 8 days via the Central Asia Express.

The price of mung beans in Uzbekistan is cheaper than in China. Moreover, it is a medium-to-small-sized bean. In addition to being used as commercial beans, it can also be used to produce mung bean sprouts.At present, the average price of imported sprout beans from Uzbekistan is 4.7 yuan/jin, and the average price of domestic sprout beans is 7.3 yuan/jin, with a price difference of 2.6 yuan/jin. The high price difference has caused downstream merchants to prioritize costs and other reasons. To a certain extent, Forming a substitution phenomenon for domestic sprout beans, at the same time, the trend of domestic sprout beans and Uzbek sprout beans are basically the same. The cycle of large price fluctuations is mainly concentrated on the launch time of new season mung beans, and the launch of Uzbek sprout beans every year will have an impact on domestic prices. have a certain impact.