CIS: Green Peas Market 2024

Green Peas Market Size in CIS

The CIS green peas market totaled $X in 2023, increasing by X% against the previous year. The total consumption indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the market remained at a lower figure.

Green Peas Production in CIS

In value terms, green peas production rose markedly to $X in 2023 estimated in export price. Over the period under review, production showed mild growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2023, production growth remained at a lower figure.

Russia (X tons) constituted the country with the largest volume of green peas production, accounting for X% of total volume. Moreover, green peas production in Russia exceeded the figures recorded by the second-largest producer, Belarus (X tons), more than tenfold. The third position in this ranking was taken by Moldova (X tons), with a X% share.

In Russia, green peas production expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Moldova (X% per year).

In 2023, the average yield of peas (green) in the CIS totaled X tons per ha, surging by X% against 2022. The yield figure 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 in certain years. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2017; however, from 2018 to 2023, the yield stood at a somewhat 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 green peas harvested area in the CIS declined modestly to X ha, stabilizing at 2022 figures. The harvested area 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 2020 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to green peas production attained the peak figure at X ha in 2022, and then dropped slightly in the following year.

Green Peas Exports

Exports in CIS

In 2023, approx. X tons of peas (green) were exported in the CIS; with an increase of X% on the year before. In general, exports, however, continue to indicate a mild shrinkage. The volume of export peaked at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, green peas exports soared to $X in 2023. Overall, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia represented the key exporter of peas (green) in the CIS, with the volume of exports finishing at X tons, which was near X% of total exports in 2023. It was distantly followed by Kazakhstan (X tons), making up a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to green peas exports from Russia stood at X%. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) and Kazakhstan ($X) constituted the countries with the highest levels of exports in 2023.

Among the main exporting countries, Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, which is down by X% against the previous year. Overall, the export price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

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 Kazakhstan ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Green Peas Imports

Imports in CIS

After two years of decline, overseas purchases of peas (green) increased by X% to X tons in 2023. Overall, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, green peas imports surged to $X in 2023. Total imports indicated noticeable growth from 2012 to 2023: its value 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan represented the key importing country with an import of around X tons, which resulted at X% of total imports. Kyrgyzstan (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Russia (X%) and Tajikistan (X%).

From 2012 to 2023, average annual rates of growth with regard to green peas imports into Kazakhstan stood at X%. At the same time, Kyrgyzstan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. Russia experienced a relatively flat trend pattern. From 2012 to 2023, the share of Kazakhstan and Kyrgyzstan increased by X and X percentage points, respectively.

In value terms, Kazakhstan ($X), Russia ($X) and Tajikistan ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Kyrgyzstan lagged somewhat behind, comprising a further X%.

In terms of the main importing countries, Kyrgyzstan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per ton, declining by X% against the previous year. In general, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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 Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform