Spain - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Peas Price in Spain - 2023
Contents:
- Dry Peas Price in Spain (CIF) - 2023
- Dry Peas Price in Spain (FOB) - 2022
- Dry Peas Imports in Spain
- Dry Peas Exports in Spain
Dry Peas Price in Spain (CIF) - 2023
In June 2023, the average dry peas import price amounted to $315 per ton, declining by -11.8% against the previous month. In general, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 40% month-to-month. The import price peaked at $740 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($709 per ton), while the price for Russia stood at $312 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced a decline.
Dry Peas Price in Spain (FOB) - 2022
In 2022, the average dry peas export price amounted to $850 per ton, surging by 21% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dry peas export price increased by +45.2% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 34% against the previous year. The export price peaked at $945 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($2,344 per ton), while the average price for exports to France ($591 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Peas Imports in Spain
In 2022, approx. 73K tons of peas (dry) were imported into Spain; falling by -40.3% compared with the previous year's figure. Over the period under review, imports saw a sharp contraction. The smallest decline of -4.8% was in 2020.
In value terms, dry peas imports declined rapidly to $38M in 2022. Overall, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 4.8% against the previous year. As a result, imports attained the peak of $51M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Dry Peas in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.9 | 20.7 | 27.6 | 15.7 | 47.4% |
| Latvia | N/A | N/A | N/A | 10.5 | 0% |
| France | 4.4 | 6.2 | 7.0 | 6.1 | 11.5% |
| Poland | 0.7 | N/A | 1.0 | 0.7 | 0.0% |
| Kazakhstan | 3.1 | N/A | N/A | N/A | 0% |
| Moldova | 2.9 | N/A | N/A | N/A | 0% |
| Romania | 8.8 | 1.6 | N/A | N/A | -81.8% |
| Ukraine | 18.4 | 15.9 | 4.1 | N/A | -52.8% |
| Others | 5.4 | 6.4 | 6.6 | 5.2 | -1.3% |
| Total | 48.5 | 50.8 | 46.3 | 38.3 | -7.6% |
Top Suppliers of Dry Peas to Spain in 2022:
- Russia (35.4K tons)
- Latvia (23.6K tons)
- France (9.3K tons)
- Poland (1.4K tons)
- Ukraine (0.1K tons)
Dry Peas Exports in Spain
After three years of growth, overseas shipments of peas (dry) decreased by -39.7% to 3.4K tons in 2022. Overall, total exports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 5.6K tons, and then dropped markedly in the following year.
In value terms, dry peas exports fell sharply to $2.9M in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. As a result, the exports reached the peak of $4M, and then fell significantly in the following year.
| Export of Dry Peas in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 608 | 604 | 1,192 | 1,110 | 22.2% |
| France | 668 | 1,163 | 1,759 | 814 | 6.8% |
| Italy | 81.9 | 169 | 220 | 333 | 59.6% |
| Belgium | 306 | 344 | 294 | 289 | -1.9% |
| Cuba | 94.4 | 273 | 312 | 148 | 16.2% |
| Others | 120 | 170 | 189 | 195 | 17.6% |
| Total | 1,878 | 2,724 | 3,966 | 2,887 | 15.4% |
Top Export Markets for Dry Peas from Spain in 2022:
- France (1375.6 tons)
- Portugal (1294.7 tons)
- Italy (294.6 tons)
- Belgium (225.2 tons)
- Cuba (98.3 tons)
This report provides an in-depth analysis of the dry peas market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 187 - Peas, dry
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global dry peas exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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