Japan - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCow Peas Price in Japan - 2023
Contents:
- Cow Peas Price in Japan (CIF) - 2023
- Cow Peas Price in Japan (FOB) - 2022
- Cow Peas Imports in Japan
- Cow Peas Exports in Japan
Cow Peas Price in Japan (CIF) - 2023
In November 2023, the average cow peas import price amounted to $2,502 per ton, increasing by 14% against the previous month. Overall, the import price, however, saw a perceptible curtailment. The pace of growth was the most pronounced in October 2023 an increase of 111% m-o-m. Over the period under review, average import prices hit record highs at $3,332 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,573 per ton), while the price for Myanmar ($844 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Madagascar (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Cow Peas Price in Japan (FOB) - 2022
In 2022, the average cow peas export price amounted to $1,183 per ton, falling by -3.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 54% against the previous year. Over the period under review, the average export prices hit record highs at $1,231 per ton in 2021, and then reduced modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2015 to 2022, the rate of growth in terms of prices for Qatar amounted to +9.5% per year.
Cow Peas Imports in Japan
In 2022, approx. 1K tons of cow peas (dry) were imported into Japan; picking up by 52% against the year before. In general, imports, however, saw a slight descent.
In value terms, cow peas imports soared to $1.3M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cow Peas in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 986 | 1,204 | 782 | 602 | -15.2% |
| Myanmar | N/A | N/A | 6.3 | 376 | 5868.3% |
| Madagascar | N/A | N/A | N/A | 154 | 0% |
| South Africa | N/A | N/A | N/A | 79.8 | 0% |
| Peru | 10.5 | 27.7 | 38.9 | 41.0 | 57.5% |
| India | 65.7 | 7.9 | 54.0 | 37.8 | -16.8% |
| Thailand | 46.2 | 2.6 | 38.4 | 12.7 | -35.0% |
| United States | 59.6 | 50.7 | 22.8 | 8.6 | -47.5% |
| Others | 3.7 | 7.4 | 54.2 | 16.2 | 63.6% |
| Total | 1,172 | 1,301 | 996 | 1,328 | 4.3% |
Top Suppliers of Cow Peas to Japan in 2022:
- China (412.9 tons)
- Myanmar (407.0 tons)
- Madagascar (68.0 tons)
- South Africa (63.0 tons)
- Peru (28.0 tons)
- India (16.8 tons)
- Thailand (11.4 tons)
- United States (4.0 tons)
Cow Peas Exports in Japan
In 2022, exports of cow peas (dry) from Japan surged to 11 tons, picking up by 84% compared with the year before. In general, exports, however, showed a slight descent.
In value terms, cow peas exports surged to $12K in 2022. Over the period under review, exports showed a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 115%. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cow Peas in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.7 | N/A | N/A | 12.5 | 161.4% |
| Kuwait | 7.7 | 3.4 | 7.1 | N/A | -4.0% |
| Qatar | N/A | 14.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.3 | 17.9 | 7.1 | 12.5 | 14.6% |
Top Export Markets for Cow Peas from Japan in 2022:
- United Arab Emirates (10.5 tons)
This report provides an in-depth analysis of the cow peas market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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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