Asia-Pacific: Pulses Market 2024

Pulses Market Size in Asia-Pacific

The Asia-Pacific pulses market amounted to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Pulses Production in Asia-Pacific

In value terms, pulses production expanded to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

The country with the largest volume of pulses production was India (X tons), accounting for X% of total volume. Moreover, pulses production in India exceeded the figures recorded by the second-largest producer, China (X tons), fivefold. Myanmar (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual growth rate of volume in India amounted to X%. The remaining producing countries recorded the following average annual rates of production growth: China (X% per year) and Myanmar (X% per year).

In 2022, the average yield of pulses in Asia-Pacific rose modestly to X kg per ha, with an increase of X% against the previous year. Overall, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The level of yield peaked at X kg per ha in 2013; however, from 2014 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.

The pulses harvested area fell slightly to X ha in 2022, dropping by X% compared with 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Pulses Exports

Exports in Asia-Pacific

In 2022, shipments abroad of pulses increased by X% to X tons, rising for the third consecutive year after two years of decline. Total exports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, pulses exports rose significantly to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Australia (X tons) and Myanmar (X tons) were the major exporters of pulses in 2022, resulting at approx. X% and X% of total exports, respectively. It was distantly followed by India (X tons), generating a X% share of total exports. China (X tons) and Afghanistan (X tons) followed a long way behind the leaders.

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

In value terms, the largest pulses supplying countries in Asia-Pacific were Australia ($X), Myanmar ($X) and India ($X), together accounting for X% of total exports. China and Afghanistan lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Afghanistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 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 China ($X per ton), while Australia ($X per ton) was amongst the lowest.

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

Pulses Imports

Imports in Asia-Pacific

In 2022, overseas purchases of pulses decreased by X% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, pulses imports expanded remarkably to $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons) and India (X tons) represented the largest importers of pulses in 2022, resulting at near X% and X% of total imports, respectively. Bangladesh (X tons) ranks next in terms of the total imports with a X% share, followed by Pakistan (X%). The following importers - Sri Lanka (X tons), Nepal (X tons), Vietnam (X tons) and Japan (X tons) - each resulted at a X% share of total imports.

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

In value terms, the largest pulses importing markets in Asia-Pacific were India ($X), China ($X) and Pakistan ($X), together accounting for X% of total imports. Bangladesh, Japan, Vietnam, Sri Lanka and Nepal lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Asia-Pacific stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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