Australia - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Peas Price in Australia - 2023
Contents:
- Green Peas Price in Australia (CIF) - 2022
- Green Peas Price in Australia (FOB) - 2022
- Green Peas Imports in Australia
- Green Peas Exports in Australia
Green Peas Price in Australia (CIF) - 2022
In 2022, the average green peas import price amounted to $3,919 per ton, with an increase of 19% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green peas import price increased by +105.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 73%. The import price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,987 per ton), while the price for New Zealand ($729 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%).
Green Peas Price in Australia (FOB) - 2022
In 2022, the average green peas export price amounted to $7,048 per ton, with an increase of 26% against the previous year. Overall, the export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2016 an increase of 50%. Over the period under review, the average export prices attained the maximum at $8,296 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($14,712 per ton), while the average price for exports to Fiji ($5,093 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 Thailand (+39.6%), while the prices for the other major destinations experienced more modest paces of growth.
Green Peas Imports in Australia
In 2022, purchases abroad of peas (green) decreased by -9.1% to 321 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of 813 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, green peas imports rose significantly to $1.3M in 2022. Overall, imports showed a abrupt setback.
Import of Green Peas in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 892 | 871 | 1,014 | 1,223 | 11.1% |
Spain | N/A | N/A | N/A | 32.1 | 0% |
New Zealand | 14.6 | 72.1 | 31.1 | 3.3 | -39.1% |
Belgium | 465 | 514 | 3.7 | N/A | -91.1% |
United States | 16.1 | 18.6 | N/A | N/A | 15.5% |
India | 208 | 75.4 | 114 | N/A | -26.0% |
Others | 0.7 | 1.3 | N/A | 0.8 | 4.6% |
Total | 1,597 | 1,552 | 1,163 | 1,259 | -7.6% |
Top Suppliers of Green Peas to Australia in 2022:
- China (306.6 tons)
- Spain (9.9 tons)
- New Zealand (4.5 tons)
Green Peas Exports in Australia
In 2022, the amount of peas (green) exported from Australia shrank to 6.5 tons, falling by -13.3% against the previous year's figure. Overall, exports showed a perceptible setback. The pace of growth appeared the most rapid in 2021 when exports increased by 148%. As a result, the exports attained the peak of 7.4 tons, and then fell in the following year.
In value terms, green peas exports expanded significantly to $46K in 2022. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 90%.
Export of Green Peas in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 2.7 | 1.7 | 0.8 | 17.2 | 85.4% |
Fiji | 14.0 | 2.6 | 2.9 | 9.3 | -12.7% |
New Caledonia | 7.5 | 6.3 | 7.7 | 5.5 | -9.8% |
Solomon Islands | N/A | N/A | 0.7 | 3.2 | 357.1% |
Nauru | N/A | N/A | 0.8 | 2.8 | 250.0% |
Vietnam | N/A | 0.5 | 0.2 | 2.7 | 132.4% |
United Arab Emirates | 1.7 | 0.9 | 1.1 | 2.6 | 15.2% |
Papua New Guinea | 12.3 | 7.9 | 9.7 | 1.7 | -48.3% |
Indonesia | 16.1 | 1.2 | 1.6 | 0.3 | -73.5% |
New Zealand | 0.6 | N/A | 13.3 | 0.1 | -45.0% |
Others | 5.9 | 0.9 | 2.9 | 0.1 | -74.3% |
Total | 60.8 | 22.0 | 41.7 | 45.5 | -9.2% |
Top Export Markets for Green Peas from Australia in 2022:
- Singapore (2570.0 kg)
- Fiji (1818.0 kg)
- New Caledonia (850.0 kg)
- Solomon Islands (400.0 kg)
- Nauru (225.0 kg)
- Vietnam (200.0 kg)
- United Arab Emirates (177.0 kg)
- Papua New Guinea (158.0 kg)
- Indonesia (27.0 kg)
- New Zealand (17.0 kg)
This report provides an in-depth analysis of the green peas market in Australia. 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 417 - Peas, green
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
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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
This report provides an in-depth analysis of the green peas market in Australia.
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This report provides an in-depth analysis of the green peas market in Australia.
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