Belarus - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Peas Price in Belarus - 2022
Contents:
- Dry Peas Price in Belarus (FOB) - 2022
- Dry Peas Price in Belarus (CIF) - 2022
- Dry Peas Exports in Belarus
- Dry Peas Imports in Belarus
Dry Peas Price in Belarus (FOB) - 2022
The average dry peas export price stood at $348 per ton in 2022, jumping by 19% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 32% against the previous year. The export price peaked at $575 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +25.6% per year.
Dry Peas Price in Belarus (CIF) - 2022
The average dry peas import price stood at $832 per ton in March 2022, growing by 68% against the previous month. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Hungary ($1,533 per ton), while the price for Russia ($394 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Dry Peas Exports in Belarus
For the fourth year in a row, Belarus recorded growth in shipments abroad of peas (dry), which increased by 167% to 33K tons in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,660% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, dry peas exports soared to $11M in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,014% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Dry Peas in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 0.1 | 0.1 | 0.7 | 11.2 | 382.0% |
| Latvia | N/A | 0.1 | 1.1 | N/A | 1000.0% |
| Poland | N/A | 0.5 | 0.3 | N/A | -40.0% |
| Netherlands | N/A | N/A | 0.6 | N/A | 0% |
| Others | N/A | 0.1 | 0.9 | 0.1 | 0.0% |
| Total | 0.1 | 0.8 | 3.6 | 11.3 | 383.5% |
Top Export Markets for Dry Peas from Belarus in 2022:
- Lithuania (32.2K tons)
Dry Peas Imports in Belarus
For the third year in a row, Belarus recorded decline in purchases abroad of peas (dry), which decreased by -3.2% to 5.5K tons in 2022. Overall, imports showed a noticeable curtailment. The smallest decline of -2.1% was in 2020.
In value terms, dry peas imports totaled $3M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Dry Peas in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,545 | 1,472 | 1,893 | 1,884 | 6.8% |
| Hungary | 406 | 435 | 403 | 407 | 0.1% |
| Germany | 260 | 379 | 401 | 399 | 15.3% |
| Ukraine | 59.9 | 43.5 | 56.3 | 56.0 | -2.2% |
| Others | 182 | 273 | 223 | 257 | 12.2% |
| Total | 2,452 | 2,603 | 2,975 | 3,003 | 7.0% |
Top Suppliers of Dry Peas to Belarus in 2022:
- Russia (4.6K tons)
- Germany (0.4K tons)
- Hungary (0.2K tons)
- Ukraine (0.1K tons)
This report provides an in-depth analysis of the dry peas market in Belarus. 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 187 - Peas, dry
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- 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
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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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Global dry peas consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
1533
Global dry peas exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
2545
Global dry peas imports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
1419
In 2015, the country with the largest volume of the dry peas output was Canada (X thousand tons), accounting for X% of global production.
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Canada maintained control of the dry pea market. In 2014, Canada exported X thousand tons of dry peas totaling X million USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total dry pea exports
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