U.S. - Pulses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPulses Price in America Peaks at $996 per Ton
U.S. Pulses Export Price per Ton July 2022
In July 2022, the pulses price per ton amounted to $996, surging by 2.2% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2022 when the average export price increased by 7.6% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,087 per ton in March 2022; however, from April 2022 to July 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($1,174 per ton), while the average price for exports to China ($542 per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Pulses Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In July 2022, the product with the highest price was beans (dry) ($1,147 per ton), while the average price for exports of pulses, nes ($671 per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for the following types: chick peas (+2.0%), while the prices for the other products experienced mixed trend patterns.
U.S. Pulses Exports
In July 2022, overseas shipments of pulses decreased by -22.7% to 59K tons, falling for the second month in a row after three months of growth. In general, total exports indicated a measured increase from January 2022 to July 2022: its volume increased at an average monthly rate of +2.9% over the last six months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, exports decreased by -31.9% against May 2022 indices. The pace of growth was the most pronounced in March 2022 when exports increased by 26% against the previous month. Over the period under review, the exports hit record highs at 86K tons in May 2022; however, from June 2022 to July 2022, the exports stood at a somewhat lower figure.
In value terms, pulses exports contracted notably to $58M (IndexBox estimates) in July 2022. Over the period under review, total exports indicated temperate growth from January 2022 to July 2022: its value increased at an average monthly rate of +2.8% over the last six-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, exports decreased by -33.0% against May 2022 indices. The growth pace was the most rapid in March 2022 with an increase of 27% against the previous month. The exports peaked at $87M in May 2022; however, from June 2022 to July 2022, the exports remained at a lower figure.
U.S. Pulses Exports by Type
Beans (dry) (25K tons), peas (dry) (18K tons) and lentils (9.7K tons) were the main products of pulses exports from the United States, with a combined 90% share of total exports. Chick peas and pulses, nes lagged somewhat behind, together comprising a further 9.6%.
From January 2022 to July 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by pulses, nes (with a CAGR of +22.7%), while the other products experienced more modest paces of growth.
In value terms, beans (dry) ($29M), peas (dry) ($15M) and lentils ($9.1M) constituted the most exported types of pulses from the United States worldwide, with a combined 91% share of total exports. These products were followed by chick peas and pulses, nes, which together accounted for a further 9.4%.
Among the main product categories, pulses, nes, with a CAGR of +19.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.
U.S. Pulses Exports by Country
Mexico (8.7K tons), Canada (8.3K tons) and Ethiopia (5.7K tons) were the main destinations of pulses exports from the United States, together comprising 39% of total exports. The Dominican Republic, Spain, Italy, Yemen, China, the UK, the United Arab Emirates, Peru, the Philippines and Cameroon lagged somewhat behind, together accounting for a further 39%.
From January 2022 to July 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +39.2%), while the other leaders experienced more modest paces of growth.
In value terms, Mexico ($9.9M), Canada ($7.5M) and the Dominican Republic ($5.1M) were the largest markets for pulses exported from the United States worldwide, together accounting for 38% of total exports. Ethiopia, Italy, Spain, Yemen, the United Arab Emirates, the UK, Peru, Cameroon, China and the Philippines lagged somewhat behind, together comprising a further 35%.
Among the main countries of destination, the United Arab Emirates, with a CAGR of +36.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
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
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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
