Asia: Cow Peas Market 2022

Cow Peas Market Size in Asia

After three years of growth, the Asian cow peas market decreased by -X% to $X in 2021. Over the period under review, consumption continues to indicate a pronounced descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Cow Peas Production in Asia

In value terms, cow peas production stood at $X in 2021 estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

The countries with the highest volumes of cow peas production in 2021 were Myanmar (X tonnes), Yemen (X tonnes) and Afghanistan (X tonnes), together comprising X% of total production.

From 2012 to 2021, the most notable rate of growth in terms of cow peas production, amongst the main producing countries, was attained by Afghanistan (+X%), while cow peas production for the other leaders experienced more modest paces of growth.

The average cow peas yield stood at X tonnes per ha in 2021, with an increase of X% against the previous year. In general, the yield, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, the cow peas yield attained the maximum level at X tonnes per ha in 2012; however, from 2013 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cow peas harvested area reduced modestly to X ha in 2021, with a decrease of -X% against the previous year. Overall, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to cow peas production reached the peak figure at X ha in 2014; however, from 2015 to 2021, the harvested area stood at a somewhat lower figure.

Production By Country in Asia

The countries with the highest volumes of cow peas production in 2021 were Myanmar (X tonnes), Yemen (X tonnes) and Afghanistan (X tonnes), together comprising X% of total production.

From 2012 to 2021, the most notable rate of growth in terms of cow peas production, amongst the key producing countries, was attained by Afghanistan (+X%), while cow peas production for the other leaders experienced more modest paces of growth.

Cow Peas Exports

Exports in Asia

In 2021, overseas shipments of cow peas (dry) were finally on the rise to reach X tonnes after eight years of decline. Overall, exports, however, showed a deep slump. Over the period under review, the exports reached the peak figure at X tonnes in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cow peas exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt setback. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Myanmar (X tonnes) and Afghanistan (X tonnes) represented roughly X% of total exports of cow peas (dry) in 2021. China (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by India (X%) and Thailand (X%). The United Arab Emirates (X tonnes) and Uzbekistan (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Afghanistan (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Myanmar ($X) and Afghanistan ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising X% of total exports. India, Thailand, the United Arab Emirates and Uzbekistan lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the cow peas export price in Asia amounted to $X per tonne, picking up by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per tonne), while Afghanistan ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced more modest paces of growth.

Cow Peas Imports

Imports in Asia

In 2021, cow peas imports in Asia declined sharply to X tonnes, falling by -X% against the previous year's figure. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by X% year-to-year. The volume of import peaked at X tonnes in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, cow peas imports dropped markedly to $X in 2021. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X% year-to-year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Pakistan (X tonnes), distantly followed by Turkey (X tonnes), India (X tonnes), Japan (X tonnes), Vietnam (X tonnes) and the United Arab Emirates (X tonnes) were the largest importers of cow peas (dry), together comprising X% of total imports. Taiwan (Chinese) (X tonnes), Iraq (X tonnes), Thailand (X tonnes), China (X tonnes), Malaysia (X tonnes), Singapore (X tonnes) and Indonesia (X tonnes) occupied a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iraq (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Turkey ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2021, together comprising X% of total imports.

Among the main importing countries, Pakistan, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the cow peas import price in Asia amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($X per tonne), while Vietnam ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform