Africa: Cow Peas Market 2024

Cow Peas Market Size in Africa

The African cow peas market was estimated at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, saw a perceptible slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Cow Peas Production in Africa

In value terms, cow peas production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Nigeria (X tons), Niger (X tons) and Burkina Faso (X tons), together comprising X% of total production. Mali, Kenya, Senegal and Ghana lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average cow peas yield amounted to X kg per ha in 2022, therefore, remained relatively stable against 2021 figures. Over the period under review, the yield, however, continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2016 when the yield increased by X%. Over the period under review, the cow peas yield hit record highs at X kg per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of cow peas (dry) in Africa was estimated at X ha, remaining stable against 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

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Cow Peas Exports

Exports in Africa

In 2022, shipments abroad of cow peas (dry) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, cow peas exports shrank to $X in 2022. Overall, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

Madagascar prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. Mozambique (X tons) ranks second in terms of the total exports with an X% share, followed by Malawi (X%) and South Africa (X%). The following exporters - Uganda (X tons), Zambia (X tons) and Tanzania (X tons) - together made up X% of total exports.

Exports from Madagascar increased at an average annual rate of X% from 2012 to 2022. At the same time, Mozambique (X.1%), Tanzania (X%), Zambia (X%), Malawi (X%), Uganda (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in Africa, with a CAGR of X.1% from 2012-2022. From 2012 to 2022, the share of Madagascar, Mozambique, Zambia and Tanzania increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Madagascar ($X) remains the largest cow peas supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports. It was followed by Malawi, with a X% share.

In Madagascar, cow peas exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Malawi (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Cow Peas Imports

Imports in Africa

In 2022, the amount of cow peas (dry) imported in Africa soared to X tons, with an increase of X% against 2021. In general, imports saw resilient growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, cow peas imports skyrocketed to $X in 2022. Over the period under review, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Zimbabwe (X tons) represented the key importer of cow peas (dry), constituting X% of total imports. South Africa (X tons) ranks second in terms of the total imports with a X% share, followed by Democratic Republic of the Congo (X%), Nigeria (X%) and Uganda (X%). The following importers - Algeria (X tons) and Ghana (X tons) - each reached a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cow peas imports into Zimbabwe stood at X%. At the same time, Democratic Republic of the Congo (X,528.6%), Nigeria (X%), South Africa (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in Africa, with a CAGR of X,528.6% from 2012-2022. Uganda and Algeria experienced a relatively flat trend pattern. While the share of Zimbabwe (X p.p.), South Africa (X p.p.), Democratic Republic of the Congo (X p.p.) and Nigeria (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Algeria (X p.p.) and Uganda (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cow peas importing markets in Africa were Zimbabwe ($X), Nigeria ($X) and South Africa ($X), with a combined X% share of total imports. Uganda, Algeria, Democratic Republic of the Congo and Ghana lagged somewhat behind, together comprising a further X%.

Democratic Republic of the Congo, with a CAGR of X.6%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, jumping by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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