World - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPreserved Peas Market
The article delves into the rising demand for preserved peas worldwide, projecting an upward consumption trend over the next eight years. By 2030, the market volume is expected to reach 3.8M tons with a forecasted CAGR of +1.1%. In value terms, the market is anticipated to grow to $6.8B by 2030, with a CAGR of +3.1%. Key insights include consumption patterns, top consuming countries like China and the United States, production trends, import and export statistics, and average prices per ton. The comprehensive analysis provides valuable information for stakeholders in the preserved peas market.
Market Forecast
Driven by rising demand for preserved peas worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.1% for the period from 2022 to 2030, which is projected to bring the market volume to 3.8M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.1% for the period from 2022 to 2030, which is projected to bring the market value to $6.8B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Preserved Peas
In 2022, the amount of preserved peas consumed worldwide stood at 3.5M tons, approximately mirroring the year before. Overall, consumption, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 4.6%. As a result, consumption reached the peak volume of 3.5M tons; afterwards, it flattened through to 2022.
The global preserved peas market value fell notably to $5.4B in 2022, with a decrease of -15.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $6.4B, and then fell rapidly in the following year.
Consumption By Country
China (620K tons) remains the largest preserved peas consuming country worldwide, comprising approx. 18% of total volume. Moreover, preserved peas consumption in China exceeded the figures recorded by the second-largest consumer, Russia (291K tons), twofold. The third position in this ranking was held by the United States (246K tons), with a 7% share.
In China, preserved peas consumption remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (-0.8% per year) and the United States (+0.0% per year).
In value terms, Japan ($1.2B), China ($582M) and India ($385M) were the countries with the highest levels of market value in 2022, together comprising 40% of the global market. The United States, Russia, Indonesia, Ethiopia, Pakistan, Bangladesh, Mexico, Brazil, Nigeria and Norway lagged somewhat behind, together comprising a further 20%.
In terms of the main consuming countries, Ethiopia, with a CAGR of +5.4%, recorded the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of preserved peas per capita consumption was registered in Norway (13 kg per person), followed by Japan (0.9 kg per person), the United States (0.7 kg per person) and Mexico (0.5 kg per person), while the world average per capita consumption of preserved peas was estimated at less than 0.1 kg per person.
In Norway, preserved peas per capita consumption remained relatively stable over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Japan (-0.1% per year) and the United States (-0.6% per year).
Production
World Production of Preserved Peas
Global preserved peas production stood at 3.5M tons in 2022, leveling off at the previous year. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by 5.1% against the previous year. As a result, production reached the peak volume of 3.6M tons. From 2021 to 2022, global production growth remained at a lower figure.
In value terms, preserved peas production expanded modestly to $5.5B in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 13%. Global production peaked in 2022 and is expected to retain growth in the immediate term.
Production By Country
China (639K tons) remains the largest preserved peas producing country worldwide, accounting for 18% of total volume. Moreover, preserved peas production in China exceeded the figures recorded by the second-largest producer, Russia (287K tons), twofold. The United States (240K tons) ranked third in terms of total production with a 6.8% share.
In China, preserved peas production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (+0.9% per year) and the United States (+0.0% per year).
Imports
World Imports of Preserved Peas
In 2022, global preserved peas imports rose markedly to 263K tons, growing by 6.9% against the year before. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 7.3% against the previous year. As a result, imports attained the peak of 291K tons. From 2021 to 2022, the growth of global imports remained at a somewhat lower figure.
In value terms, preserved peas imports reached $347M in 2022. In general, imports showed a relatively flat trend pattern. Global imports peaked at $357M in 2014; however, from 2015 to 2022, imports failed to regain momentum.
Imports By Country
Germany (31K tons) and Russia (25K tons) represented the main importers of preserved peas in 2022, reaching near 12% and 9.3% of total imports, respectively. It was followed by the United States (13K tons), comprising a 4.9% share of total imports. The following importers - Italy (10K tons), France (9.7K tons), Kazakhstan (8.7K tons), Yemen (8.3K tons), the UK (8.2K tons), Cote d'Ivoire (6.6K tons), Uzbekistan (6.2K tons), Belgium (5.8K tons), Spain (5.8K tons) and Belarus (5.8K tons) - together made up 29% of total imports.
From 2012 to 2022, the biggest increases were recorded for Yemen (with a CAGR of +48.7%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, Germany ($41M), Russia ($41M) and the United States ($23M) appeared to be the countries with the highest levels of imports in 2022, together comprising 30% of global imports. Italy, France, the UK, Belgium, Kazakhstan, Spain, Belarus, Uzbekistan, Yemen and Cote d'Ivoire lagged somewhat behind, together accounting for a further 25%.
In terms of the main importing countries, Yemen, with a CAGR of +47.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average preserved peas import price stood at $1,320 per ton in 2022, with an increase of 5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2021 when the average import price increased by 9.1% against the previous year. Global import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($1,836 per ton), while Yemen ($483 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+8.1%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Preserved Peas
In 2022, approx. 276K tons of preserved peas were exported worldwide; with an increase of 8.8% on the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of 311K tons. From 2021 to 2022, the growth of the global exports failed to regain momentum.
In value terms, preserved peas exports totaled $335M in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 20%. Over the period under review, the global exports reached the maximum at $358M in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
Exports By Country
In 2022, Hungary (57K tons), distantly followed by France (34K tons), Italy (28K tons), Russia (21K tons) and China (19K tons) represented the largest exporters of preserved peas, together generating 58% of total exports. The following exporters - Brazil (12K tons), the Netherlands (11K tons), Belgium (10K tons), the Dominican Republic (9.6K tons), Poland (9.4K tons), the United Arab Emirates (9.3K tons), Turkey (7K tons) and the United States (6.6K tons) - together made up 27% of total exports.
From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +31.2%), while shipments for the other global leaders experienced more modest paces of growth.
In value terms, Hungary ($78M), France ($46M) and Italy ($25M) appeared to be the countries with the highest levels of exports in 2022, together comprising 44% of global exports. The Netherlands, Russia, China, Brazil, the Dominican Republic, Belgium, Poland, the United States, Turkey and the United Arab Emirates lagged somewhat behind, together comprising a further 39%.
In terms of the main exporting countries, the United Arab Emirates, with a CAGR of +29.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
The average preserved peas export price stood at $1,213 per ton in 2022, rising by 4.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 8.8% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,072 per ton), while the United Arab Emirates ($665 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+3.7%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global preserved 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:
- Prodcom 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes
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.
-
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
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
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
-
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
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
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
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
-
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
-
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
- 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
-
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
- 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
- Production, By Country, 2023
- Production, In Physical Terms, 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
This report provides an in-depth analysis of the global preserved peas market.
This report provides an in-depth analysis of the global vegetable puree market.
This report provides an in-depth analysis of the global canned vegetable market.
This report provides an in-depth analysis of the global preserved sweet corn market.
Global Preserved Sauerkraut Market Report 2018. This report provides an in-depth analysis of the global preserved sauerkraut market.
Global Preserved Beans Market Report 2018. This report provides an in-depth analysis of the global preserved beans market.
This report provides an in-depth analysis of the global preserved asparagus market.
Global Potato Starch Market Report 2018. This report provides an in-depth analysis of the global potato starch market.
This report provides an in-depth analysis of the global potato chips market.
This report provides an in-depth analysis of the global preserved olive market.
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it