Italy - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCow Peas Price in Italy - 2023
Contents:
- Cow Peas Price in Italy (CIF) - 2022
- Cow Peas Price in Italy (FOB) - 2022
- Cow Peas Imports in Italy
- Cow Peas Exports in Italy
Cow Peas Price in Italy (CIF) - 2022
In 2022, the average cow peas import price amounted to $1,297 per ton, declining by -3.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 16% against the previous year. As a result, import price attained the peak level of $1,342 per ton, and then dropped slightly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Africa ($1,676 per ton) and Turkey ($1,431 per ton), while the price for Brazil ($1,167 per ton) and Argentina ($1,197 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Cow Peas Price in Italy (FOB) - 2022
The average cow peas export price stood at $1,742 per ton in 2022, shrinking by -7.1% against the previous year. Overall, the export price, however, saw slight growth. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum at $3,521 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($2,212 per ton), while the average price for exports to the United Arab Emirates ($1,166 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Cow Peas Imports in Italy
Cow peas imports into Italy skyrocketed to 2.3K tons in 2022, surging by 33% against the previous year. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cow peas imports skyrocketed to $3M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cow Peas in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 579 | 652 | 1,311 | 1,388 | 33.8% |
| Peru | 341 | 171 | 415 | 391 | 4.7% |
| Brazil | 84.2 | 397 | 242 | 373 | 64.2% |
| Argentina | 8.5 | 4.5 | 9.8 | 216 | 194.0% |
| Myanmar | N/A | 161 | N/A | 209 | 13.9% |
| Turkey | N/A | 30.3 | 33.6 | 63.0 | 44.2% |
| South Africa | 35.9 | 32.3 | 81.1 | 62.0 | 20.0% |
| Belize | 126 | 283 | 30.9 | N/A | -50.5% |
| Others | 399 | 202 | 185 | 257 | -13.6% |
| Total | 1,574 | 1,934 | 2,308 | 2,959 | 23.4% |
Top Suppliers of Cow Peas to Italy in 2022:
- Madagascar (1096.7 tons)
- Brazil (320.1 tons)
- Peru (280.1 tons)
- Argentina (180.6 tons)
- Myanmar (171.0 tons)
- Turkey (44.0 tons)
- South Africa (37.0 tons)
Cow Peas Exports in Italy
For the fourth year in a row, Italy recorded growth in overseas shipments of cow peas (dry), which increased by 74% to 268 tons in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 104%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cow peas exports skyrocketed to $466K in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 122%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Cow Peas in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 112 | 0% |
| Germany | 0.3 | 2.4 | 25.0 | 88.3 | 565.2% |
| Spain | 5.9 | N/A | 9.2 | 51.9 | 106.4% |
| Austria | 4.6 | 1.4 | 38.3 | 40.3 | 106.1% |
| Malta | 1.0 | 0.6 | 9.6 | 27.6 | 202.2% |
| Belgium | N/A | 27.9 | 7.3 | 26.8 | -2.0% |
| Greece | 2.7 | 1.7 | 25.0 | 21.7 | 100.3% |
| Congo | N/A | N/A | N/A | 16.2 | 0% |
| France | 3.9 | 21.5 | 59.5 | 15.6 | 58.7% |
| Portugal | N/A | N/A | 2.9 | 13.8 | 375.9% |
| Hungary | 9.6 | 20.8 | 12.4 | 9.7 | 0.3% |
| Bosnia and Herzegovina | N/A | N/A | 36.7 | N/A | 0% |
| Turkey | N/A | 21.9 | N/A | N/A | 0% |
| Others | 36.1 | 32.3 | 63.4 | 42.4 | 5.5% |
| Total | 64.0 | 130 | 289 | 466 | 93.8% |
Top Export Markets for Cow Peas from Italy in 2022:
- United Arab Emirates (96.0 tons)
- Germany (43.0 tons)
- Spain (26.5 tons)
- Austria (19.3 tons)
- Malta (13.3 tons)
- Belgium (13.0 tons)
- Greece (10.3 tons)
- France (7.4 tons)
- Congo (7.3 tons)
- Portugal (7.1 tons)
- Hungary (4.6 tons)
This report provides an in-depth analysis of the cow peas market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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