Cow Peas Market

Cow peas market: get access to the most recent facts and figures featured by an Ai-driven market intelligence tool. Data include production, consumption, companies, market prices, market size, exports, imports, and trade. Here is a split by region, including the Middle East, the U.S., the U.K., Russia, Africa, EU, China, and Latin America. Market trends and forecast to 2030 are also featured in the reports.

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Cow Peas - World's Largest Markets

In value terms, Niger, Nigeria and Burkina Faso constituted the countries with the highest levels of market value in 2020, with a combined 82% share of the global market. These countries were followed by Senegal, Mali, Kenya, Ghana, Tanzania, Cameroon and Sudan, which together accounted for a further 11%.

Kenya saw the highest growth rate of market size, among the main consuming countries over the period under review, while cow peas market for the other global leaders experienced more modest paces of growth.

Cow Peas Prices

Cow Peas - Top Importers

In value terms, India ($34M) constitutes the largest market for imported cow peas (dry) worldwide, comprising 35% of global imports. The second position in the ranking was occupied by the United States ($7.5M), with a 7.5% share of global imports. It was followed by Egypt, with a 5.7% share.

From 2018 to 2020, the average annual growth rate of value in India amounted to +4.0%. The remaining importing countries recorded the following average annual rates of imports growth: the United States (+42.3% per year) and Egypt (+97.0% per year).

Cow Peas - Top Exporters

In value terms, Brazil ($25M) emerged as the largest cow peas supplier worldwide, comprising 38% of global exports. The second position in the ranking was occupied by Peru ($9.9M), with a 15% share of global exports. It was followed by Madagascar, with a 10% share.

In Brazil, cow peas exports remained relatively stable over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (+15.3% per year) and Madagascar (-30.0% per year).

Cow Peas - Market Forecast

Depressed by shrinking demand for cow peas worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Cow Peas - Product Coverage

• HS 071335 - Vegetables, leguminous; cow peas (Vigna unguiculata), shelled, whether or not skinned or split, dried