South Africa - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCow Peas Price in South Africa - 2023
Contents:
- Cow Peas Price in South Africa (FOB) - 2022
- Cow Peas Price in South Africa (CIF) - 2022
- Cow Peas Exports in South Africa
- Cow Peas Imports in South Africa
Cow Peas Price in South Africa (FOB) - 2022
In 2022, the average cow peas export price amounted to $1,784 per ton, increasing by 10% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 increased by +69.2% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 56%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($2,231 per ton), while the average price for exports to Japan ($1,199 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 Mozambique (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Cow Peas Price in South Africa (CIF) - 2022
In 2022, the average cow peas import price amounted to $631 per ton, picking up by 4.1% against the previous year. Over the period under review, the import price, however, saw a mild setback. The growth pace was the most rapid in 2018 when the average import price increased by 69%. As a result, import price reached the peak level of $976 per ton. From 2019 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 Madagascar ($1,202 per ton), while the price for Malawi ($467 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+78.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Cow Peas Exports in South Africa
In 2022, exports of cow peas (dry) from South Africa surged to 1.4K tons, with an increase of 111% on the previous year's figure. Over the period under review, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cow peas exports skyrocketed to $2.6M in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cow Peas in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 32.9 | N/A | 0.4 | 1,410 | 250.0% |
| Mozambique | 448 | 229 | 458 | 577 | 8.8% |
| Angola | 48.2 | N/A | N/A | 436 | 108.4% |
| Japan | N/A | N/A | N/A | 75.6 | 0% |
| Botswana | 498 | 376 | 390 | 54.9 | -52.1% |
| Namibia | 28.8 | 30.3 | 4.0 | 6.5 | -39.1% |
| Lesotho | 64.4 | 38.4 | 152 | 0.6 | -79.0% |
| Italy | 11.7 | 14.9 | 94.2 | N/A | 183.7% |
| Others | 15.6 | 7.8 | 9.9 | 17.8 | 4.5% |
| Total | 1,147 | 695 | 1,109 | 2,578 | 31.0% |
Top Export Markets for Cow Peas from South Africa in 2022:
- Zimbabwe (632.0 tons)
- Mozambique (454.6 tons)
- Angola (249.6 tons)
- Japan (63.0 tons)
- Botswana (24.9 tons)
- Namibia (6.3 tons)
- Lesotho (0.5 tons)
Cow Peas Imports in South Africa
In 2022, the amount of cow peas (dry) imported into South Africa surged to 1.6K tons, jumping by 41% against the previous year. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 191% against the previous year. As a result, imports attained the peak of 2.7K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cow peas imports surged to $1M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 248% against the previous year. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cow Peas in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 390 | 1,687 | 159 | 597 | 15.2% |
| Malawi | 81.3 | 184 | 291 | 238 | 43.1% |
| Madagascar | 15.9 | N/A | 80.7 | 99.8 | 84.5% |
| Others | 71.1 | 74.0 | 155 | 73.6 | 1.2% |
| Total | 558 | 1,945 | 686 | 1,009 | 21.8% |
Top Suppliers of Cow Peas to South Africa in 2022:
- Botswana (920.2 tons)
- Malawi (510.2 tons)
- Madagascar (83.0 tons)
This report provides an in-depth analysis of the cow peas market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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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