U.S. - Pulses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPulses Price in the United States - 2023
Contents:
- Pulses Price in the United States (FOB) - 2022
- Pulses Price in the United States (CIF) - 2022
- Pulses Exports in the United States
- Pulses Imports in the United States
Pulses Price in the United States (FOB) - 2022
The average pulses export price stood at $984 per ton in 2022, picking up by 26% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,161 per ton), while the average price for exports to the Philippines ($682 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 Sudan (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Pulses Price in the United States (CIF) - 2022
In 2022, the average pulses import price amounted to $902 per ton, with an increase of 12% against the previous year. In general, the import price, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by 28%. Over the period under review, average import prices attained the maximum at $1,216 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,113 per ton), while the price for Russia ($509 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Pulses Exports in the United States
In 2022, overseas shipments of pulses decreased by -24% to 850K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, the exports attained the peak of 1.5M tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, pulses exports contracted modestly to $837M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of $934M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Pulses in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 146 | 156 | 153 | 155 | 2.0% |
| Mexico | 103 | 128 | 179 | 122 | 5.8% |
| Italy | 42.9 | 41.2 | 48.5 | 55.9 | 9.2% |
| Ethiopia | 10.5 | 16.4 | 29.4 | 55.0 | 73.7% |
| Dominican Republic | 30.1 | 52.8 | 39.7 | 49.1 | 17.7% |
| Spain | 40.3 | 40.1 | 25.8 | 34.4 | -5.1% |
| United Kingdom | 18.4 | 21.4 | 17.9 | 21.0 | 4.5% |
| China | 12.1 | 50.9 | 27.3 | 18.8 | 15.8% |
| Sudan | 7.5 | 18.6 | 4.9 | 17.5 | 32.6% |
| Peru | 20.5 | 33.5 | 24.7 | 16.8 | -6.4% |
| Colombia | 17.7 | 20.7 | 13.9 | 15.7 | -3.9% |
| Yemen | 9.6 | 20.6 | 20.8 | 15.2 | 16.6% |
| Philippines | 11.4 | 15.3 | 10.0 | 10.8 | -1.8% |
| Others | 301 | 319 | 276 | 250 | -6.0% |
| Total | 771 | 934 | 872 | 837 | 2.8% |
Top Export Markets for Pulses from the United States in 2022:
- Canada (166.8K tons)
- Mexico (113.7K tons)
- Ethiopia (71.5K tons)
- Italy (48.2K tons)
- Dominican Republic (47.5K tons)
- Spain (37.3K tons)
- United Kingdom (27.8K tons)
- China (27.5K tons)
- Yemen (20.9K tons)
- Peru (19.0K tons)
- Colombia (17.1K tons)
- Sudan (15.9K tons)
- Philippines (15.9K tons)
Pulses Imports in the United States
In 2022, the amount of pulses imported into the United States totaled 721K tons, with an increase of 11% compared with 2021. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, pulses imports skyrocketed to $650M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pulses in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 183 | 189 | 287 | 381 | 27.7% |
| India | 33.3 | 47.5 | 42.1 | 50.9 | 15.2% |
| Mexico | 29.2 | 50.3 | 39.0 | 47.4 | 17.5% |
| Nicaragua | 15.7 | 24.3 | 18.3 | 28.0 | 21.3% |
| China | 22.6 | 23.2 | 24.7 | 23.5 | 1.3% |
| Peru | 9.3 | 9.3 | 17.3 | 19.1 | 27.1% |
| Thailand | 9.4 | 10.5 | 15.7 | 16.4 | 20.4% |
| Turkey | 3.4 | 8.9 | 8.5 | 14.7 | 62.9% |
| Russia | 4.6 | 7.1 | 8.0 | 13.1 | 41.7% |
| Others | 48.2 | 67.4 | 63.0 | 55.5 | 4.8% |
| Total | 358 | 438 | 523 | 650 | 22.0% |
Top Suppliers of Pulses to the United States in 2022:
- Canada (523.3K tons)
- Mexico (35.2K tons)
- India (30.7K tons)
- Russia (25.7K tons)
- Nicaragua (18.4K tons)
- Turkey (12.9K tons)
- Peru (11.7K tons)
- China (11.1K tons)
- Thailand (10.9K tons)
This report provides an in-depth analysis of the pulses market in the U.S.. 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 203 - Bambara beans
- FCL 176 - Beans, dry
- FCL 181 - Broad beans, dry
- FCL 191 - Chick-peas, dry
- FCL 195 - Cow peas, dry
- FCL 201 - Lentils, dry
- FCL 187 - Peas, dry
- FCL 197 - Pigeon peas
- FCL 211 - Pulses nes
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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This report provides an in-depth analysis of the pulses market in the U.S..
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371
In July 2022, the pulses price per ton amounted to $996, surging by 2.2% against the previous month.
418
The pulses price per ton stood at $1,025 (FOB, US) in May 2022, remaining stable against the previous month.
306
As of July 2023, the price of pigeon peas amounted to $1,742 per ton (CIF, US), showing a 1.9% increase compared to the previous month.
269
Dry Bean exports decreased to $40M in July 2023 in terms of value.
308
In June 2023, the price of dry peas reached $685 per ton (FOB, US), experiencing a decrease of -4.9% compared to the previous month.
657
In June 2022, the lentil price per tonamounted to $924 per ton, reducing by -4.4% against the previous month.
1153
The average export lentil price per ton stood at $892 in Apr 2022, reducing by -8.6% against the previous month.
275
In November 2022, the cow peas price stood at $1,087 per ton (FOB, US), approximately reflecting the previous month.
419
In August 2022, the chick peas price per ton amounted to $952.1 (FOB, US), falling by -10% against the previous month.
404
In value terms, fresh chicken cut exports declined to $67M in April 2023.
