Belgium: Dry Peas Market Overview 2021

Dry Peas Market Size in Belgium

In 2019, the Belgian dry peas market increased by X% to $X, rising for the fourth year in a row after two years of decline. In general, consumption saw a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the market hit record highs in 2019 and is likely to see gradual growth in the immediate term.

Dry Peas Production in Belgium

In value terms, dry peas production shrank to $X in 2019 estimated in export prices. In general, production showed mild growth. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2010 to 2019, production growth remained at a somewhat lower figure.

In 2019, the average yield of peas (dry) in Belgium stood at X tonnes per ha, therefore, remained relatively stable against the previous year's figure. Overall, the yield indicated mild growth from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, dry peas yield increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. As a result, the yield reached the peak level of X tonnes per ha. From 2016 to 2019, the growth of the average dry peas 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 2019, the dry peas harvested area in Belgium dropped modestly to X ha, declining by -X% compared with the year before. Over the period under review, the harvested area showed a noticeable contraction. The pace of growth was the most pronounced in 2016 when the harvested area increased by X% against the previous year. The dry peas harvested area peaked at X ha in 2010; however, from 2011 to 2019, the harvested area stood at a somewhat lower figure.

Dry Peas Exports

Exports from Belgium

In 2019, shipments abroad of peas (dry) increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, exports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, dry peas exports expanded slightly to $X in 2019. Overall, exports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes) was the main destination for dry peas exports from Belgium, with a X% share of total exports. Moreover, dry peas exports to the Netherlands exceeded the volume sent to the second major destination, Norway (X tonnes), sevenfold. Germany (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to the Netherlands amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Germany (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for dry peas exports from Belgium, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and France (-X% per year).

Export Prices by Country

In 2019, the average dry peas export price amounted to $X per tonne, waning by -X% against the previous year. In general, export price indicated a tangible expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, dry peas export price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while the average price for exports to Norway ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into Belgium

In 2019, overseas purchases of peas (dry) increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. Overall, imports posted a moderate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dry peas imports expanded remarkably to $X in 2019. Over the period under review, total imports indicated a measured increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. From 2014 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, France (X tonnes) constituted the largest dry peas supplier to Belgium, with a X% share of total imports. Moreover, dry peas imports from France exceeded the figures recorded by the second-largest supplier, Lithuania (X tonnes), sixfold. The third position in this ranking was occupied by Canada (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+X% per year) and Canada (-X% per year).

In value terms, France ($X) constituted the largest supplier of dry peas to Belgium, comprising X% of total imports. The second position in the ranking was occupied by Lithuania ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2007 to 2019, the average annual growth rate of value from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+X% per year) and Canada (-X% per year).

Import Prices by Country

The average dry peas import price stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for Lithuania ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peas (dry) in the world?

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The countries with the highest volumes of dry peas consumption in 2019 were India (4.5M tonnes), China (3.7M tonnes) and Russia (2M tonnes), together comprising 58% of global consumption.

What are the largest producers of peas (dry) in the world?

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The countries with the highest volumes of dry peas production in 2019 were Canada (4M tonnes), Russia (2.5M tonnes) and China (1.6M tonnes), with a combined 56% share of global production. These countries were followed by India, Ukraine, the U.S., France, Ethiopia, Australia, Lithuania and Spain, which together accounted for a further 31%.

What are the leading suppliers of peas (dry) to Belgium?

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In value terms, France ($43M) constituted the largest supplier of dry peas to Belgium, comprising 69% of total imports. The second position in the ranking was occupied by Lithuania ($5.5M), with a 8.9% share of total imports. It was followed by Canada, with a 7.5% share.

What are the leading importers of peas (dry) from Belgium?

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In value terms, the Netherlands ($7.3M) remains the key foreign market for dry peas exports from Belgium, comprising 63% of total exports. The second position in the ranking was occupied by Germany ($1.1M), with a 9.5% share of total exports. It was followed by France, with a 9.2% share.

What is the average export price for peas (dry) in Belgium?

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The average dry peas export price stood at $538 per tonne in 2019, declining by -4% against the previous year.

What is the average import price for peas (dry) in Belgium?

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In 2019, the average dry peas import price amounted to $292 per tonne, reducing by -22.7% against the previous year.