World - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Dry Peas Market 2024
Dry Peas Market Size
In 2023, after four years of growth, there was decline in the global dry peas market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the global market remained at a lower figure.
Dry Peas Production
In value terms, dry peas production reduced to $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2023, global production growth remained at a somewhat lower figure.
The countries with the highest volumes of production in 2023 were Canada (X tons), Russia (X tons) and China (X tons), together accounting for X% of global production. India, the United States, France, Ukraine, Ethiopia, Australia, Germany and Argentina lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.
The global average dry peas yield declined modestly to X tons per ha in 2023, remaining constant against the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the yield increased by X% against the previous year. Over the period under review, the average dry peas yield hit record highs at X tons per ha in 2020; however, from 2021 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2023, the global dry peas harvested area contracted to X ha, remaining constant against 2022. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the harvested area dedicated to dry peas production attained the maximum at X ha in 2017; however, from 2018 to 2023, the harvested area remained at a lower figure.
Dry Peas Exports
Exports
In 2023, shipments abroad of peas (dry) increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the global exports hit record highs at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.
In value terms, dry peas exports declined to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The global exports peaked at $X in 2022, and then dropped in the following year.
Exports by Country
Canada represented the main exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Russia (X tons), Turkey (X tons) and the United States (X tons), together constituting a X% share of total exports. Ukraine (X tons), France (X tons), Latvia (X tons), Australia (X tons) and Lithuania (X tons) followed a long way behind the leaders.
From 2012 to 2023, average annual rates of growth with regard to dry peas exports from Canada stood at X%. At the same time, Latvia (X%), Turkey (X%), Lithuania (X%), Russia (X%) and Ukraine (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The United States experienced a relatively flat trend pattern. By contrast, France (X%) and Australia (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.), Turkey (X p.p.) and Latvia (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of France (X p.p.), Australia (X p.p.), the United States (X p.p.) and Canada (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Canada ($X) remains the largest dry peas supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Russia ($X), with a X% share of global exports. It was followed by the United States, with an X% share.
From 2012 to 2023, the average annual growth rate of value in Canada totaled X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and the United States (X% per year).
Export Prices by Country
The average dry peas export price stood at $X per ton in 2023, declining by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2022, and then contracted in the following year.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Ukraine ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.
Dry Peas Imports
Imports
In 2023, supplies from abroad of peas (dry) increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. Overall, total imports indicated a strong increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global imports attained the maximum at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.
In value terms, dry peas imports expanded slightly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Global imports peaked in 2023 and are expected to retain growth in the near future.
Imports by Country
In 2023, China (X tons) was the largest importer of peas (dry), comprising X% of total imports. Spain (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (X%) and Turkey (X%). The following importers - the United States (X tons), Italy (X tons), Pakistan (X tons), Latvia (X tons), Germany (X tons), the Netherlands (X tons) and Norway (X tons) - together made up X% of total imports.
From 2012 to 2023, average annual rates of growth with regard to dry peas imports into China stood at X%. At the same time, Latvia (X%), Turkey (X%), the United States (X%), Norway (X%), Spain (X%), Germany (X%), Italy (X%), Bangladesh (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Pakistan experienced a relatively flat trend pattern. China (X p.p.), Turkey (X p.p.), Spain (X p.p.), Latvia (X p.p.) and the United States (X p.p.) significantly strengthened its position in terms of the global imports, while Pakistan saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) constitutes the largest market for imported peas (dry) worldwide, comprising X% of global imports. The second position in the ranking was taken by Spain ($X), with a X% share of global imports. It was followed by Bangladesh, with a X% share.
From 2012 to 2023, the average annual growth rate of value in China amounted to X%. In the other countries, the average annual rates were as follows: Spain (X% per year) and Bangladesh (X% per year).
Import Prices by Country
In 2023, the average dry peas import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price recorded a mild decline. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell rapidly in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Pakistan ($X per ton), while Latvia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the global dry peas market. 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 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, 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, 2012–2023
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