Russian Federation - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Russian Federation - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Green Peas Price in Russia - 2022

Contents:

  1. Green Peas Price in Russia (CIF) - 2022
  2. Green Peas Price in Russia (FOB) - 2022
  3. Green Peas Imports in Russia
  4. Green Peas Exports in Russia

Green Peas Price in Russia (CIF) - 2022

The average green peas import price stood at $6,425 per ton in 2022, growing by 107% against the previous year. In general, the import price showed modest growth. Over the period under review, average import prices hit record highs at $6,635 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($6,880 per ton), while the price for Uzbekistan ($431 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Green Peas Price in Russia (FOB) - 2022

In 2022, the average green peas export price amounted to $179 per ton, jumping by 26% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 29%. Over the period under review, the average export prices attained the peak figure at $599 per ton in 2014; however, from 2015 to 2022, the 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 Kyrgyzstan ($455 per ton), while the average price for exports to Kazakhstan ($107 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 Kyrgyzstan (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

Green Peas Imports in Russia

In 2022, the amount of peas (green) imported into Russia reduced markedly to 122 tons, with a decrease of -49.8% on the previous year's figure. In general, imports showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 104%. As a result, imports reached the peak of 243 tons, and then fell markedly in the following year.

In value terms, green peas imports totaled $784K in 2022. Overall, imports saw a drastic downturn.

Import of Green Peas in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium232201178149-13.7%
Netherlands22694.986.2113-20.6%
Egypt4.42.84.16.614.5%
Kazakhstan0.90.52.02.030.5%
UzbekistanN/AN/AN/A0.80%
Turkey7.0N/AN/A0.3-65.0%
Morocco8.8N/AN/AN/A0%
Azerbaijan3.0N/A161N/A632.6%
Others770492322512-12.7%
Total1,252792754784-14.4%

Top Suppliers of Green Peas to Russia in 2022:

  1. Belgium (21.8 tons)
  2. Netherlands (16.5 tons)
  3. Kazakhstan (3.6 tons)
  4. Uzbekistan (1.9 tons)
  5. Egypt (1.8 tons)
  6. Turkey (0.6 tons)

Green Peas Exports in Russia

In 2022, overseas shipments of peas (green) decreased by -65.5% to 280 tons, falling for the second year in a row after two years of growth. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 68% against the previous year. As a result, the exports reached the peak of 862 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, green peas exports reduced dramatically to $50K in 2022. Overall, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 82%. As a result, the exports reached the peak of $219K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Green Peas in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan10.318829.323.030.7%
KyrgyzstanN/AN/AN/A19.00%
Armenia37.530.40.27.3-42.0%
United Arab Emirates64.9N/A85.0N/A14.4%
Others7.40.60.80.9-50.5%
Total12021911550.2-25.2%

Top Export Markets for Green Peas from Russia in 2022:

  1. Kazakhstan (216.0 tons)
  2. Kyrgyzstan (41.7 tons)
  3. Armenia (22.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the green peas market in the Russian Federation. 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 417 - Peas, green

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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