Canada - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCow Peas Price in Canada - 2023
Contents:
- Cow Peas Price in Canada (CIF) - 2022
- Cow Peas Price in Canada (FOB) - 2022
- Cow Peas Imports in Canada
- Cow Peas Exports in Canada
Cow Peas Price in Canada (CIF) - 2022
In 2022, the average cow peas import price amounted to $1,441 per ton, picking up by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2016 an increase of 21%. As a result, import price reached the peak level of $1,646 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Myanmar ($2,167 per ton), while the price for Madagascar ($1,170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+36.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cow Peas Price in Canada (FOB) - 2022
The average cow peas export price stood at $1,405 per ton in 2022, with a decrease of -7.7% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cow peas export price decreased by -11.3% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 79%. As a result, the export price reached the peak level of $1,654 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,112 per ton), while the average price for exports to Thailand amounted to $1,126 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.5%).
Cow Peas Imports in Canada
In 2022, cow peas imports into Canada skyrocketed to 1.3K tons, rising by 19% compared with 2021. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 21%. As a result, imports reached the peak of 1.3K tons; afterwards, it flattened through to 2022.
In value terms, cow peas imports surged to $1.8M in 2022. The total import value increased at an average annual rate of +11.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Cow Peas in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 499 | 587 | 194 | 428 | -5.0% |
| Madagascar | 254 | 543 | 468 | 375 | 13.9% |
| India | 216 | 300 | 172 | 335 | 15.8% |
| Peru | 238 | 119 | 457 | 327 | 11.2% |
| Myanmar | N/A | N/A | N/A | 118 | 0% |
| Ukraine | N/A | N/A | N/A | 95.7 | 0% |
| Nigeria | 29.1 | 102 | 16.9 | 60.9 | 27.9% |
| Argentina | N/A | N/A | 154 | N/A | 0% |
| Others | 83.4 | 70.8 | 51.9 | 99.4 | 6.0% |
| Total | 1,319 | 1,722 | 1,513 | 1,839 | 11.7% |
Top Suppliers of Cow Peas to Canada in 2022:
- Madagascar (320.6 tons)
- United States (282.9 tons)
- Peru (235.1 tons)
- India (232.5 tons)
- Ukraine (69.0 tons)
- Myanmar (54.4 tons)
- Nigeria (33.8 tons)
Cow Peas Exports in Canada
In 2022, approx. 168 tons of cow peas (dry) were exported from Canada; surging by 12% on 2021. The total export volume increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, cow peas exports stood at $235K in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Cow Peas in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 135 | 0% |
| United States | 199 | 177 | 226 | 100 | -20.5% |
| Others | 2.9 | 6.0 | 2.0 | N/A | -17.0% |
| Total | 202 | 183 | 228 | 235 | 5.2% |
Top Export Markets for Cow Peas from Canada in 2022:
- Thailand (120.0 tons)
- United States (47.5 tons)
This report provides an in-depth analysis of the cow peas market in Canada. 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 195 - Cow peas, dry
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
- 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
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Imports of Cow Peas reached a peak of 174 tons before sharply decreasing the following month. In terms of value, imports of Cow Peas notably dropped to $168K in December 2023.
228
In November 2022, the dry bean price stood at $1,068 per ton (FOB, Canada), waning by -2.5% against the previous month.
648
In August 2022, the pulses price stood at $829 per ton (FOB, Canada), rising by 1.6% against the previous month.
317
In June 2023, the price of Dry Peas, amounting to $502 per ton (FOB, Canada), increased by 8.1% compared to the previous month.
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In September 2023, the Lentil market experienced an impressive growth rate of 336% compared to the previous month. Additionally, the value of lentil exports showed a remarkable increase, reaching $175M in October 2023.
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In September 2023, the growth rate of Chick Peas exports reached its highest level, with a remarkable 54% increase compared to the previous month. This surge was followed by a substantial rise in value, as Chick Peas exports reached an impressive $22M in October 2023.
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In February 2023, the monophenols price amounted to $1,557 per ton (CIF, Canada), with an increase of 8% against the previous month.
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