Report China - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 24, 2021

China - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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China: Cow Peas Market Overview 2021

Cow Peas Market Size in China

The Chinese cow peas market surged to $X in 2020, increasing by X% against the previous year. Overall, consumption recorded a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cow Peas Production in China

In value terms, cow peas production expanded sharply to $X in 2020 estimated in export prices. In general, production, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs in 2020 and is likely to see gradual growth in years to come.

In 2020, the average cow peas yield in China shrank modestly to X tonnes per ha, standing approx. at the previous year. Over the period under review, the yield saw a abrupt decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the average cow peas yield reached the peak level at X tonnes per ha in 2007; however, from 2008 to 2020, 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 2020, approx. X ha of cow peas (dry) were harvested in China; with an increase of X% compared with 2019. The harvested area increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the harvested area increased by X% year-to-year. As a result, the harvested area attained the peak level of X ha. from 2019 to 2020, the growth of the cow peas harvested area remained at a lower figure.

Cow Peas Exports

Exports from China

In 2020, approx. X tonnes of cow peas (dry) were exported from China; waning by -X% compared with 2019. Over the period under review, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, cow peas exports contracted to $X in 2020. Overall, exports recorded a deep contraction. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for cow peas exports from China, accounting for a X% share of total exports. Moreover, cow peas exports to the U.S. exceeded the volume sent to the second major destination, Angola (X tonnes), threefold. The third position in this ranking was occupied by Hong Kong SAR (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+X% per year) and Hong Kong SAR (-X% per year).

In value terms, the largest markets for cow peas exported from China were the U.S. ($X), Angola ($X) and Spain ($X), together comprising X% of total exports.

Angola (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average cow peas export price amounted to $X per tonne, growing by X% against the previous year. In general, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum in 2020 and is expected to retain growth in the near future.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into China

For the fourth year in a row, China recorded growth in supplies from abroad of cow peas (dry), which increased by X% to X tonnes in 2020. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see gradual growth in the near future.

In value terms, cow peas imports amounted to $X in 2020. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2018 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Myanmar (X tonnes) constituted the largest supplier of cow peas to China, accounting for a X% share of total imports. Moreover, cow peas imports from Myanmar exceeded the figures recorded by the second-largest supplier, Thailand (X tonnes), twofold. Viet Nam (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Myanmar amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Viet Nam (X% per year).

In value terms, the largest cow peas suppliers to China were Myanmar ($X), Thailand ($X) and Viet Nam ($X), together accounting for X% of total imports. Pakistan, the U.S., Ethiopia and Canada lagged somewhat behind, together accounting for a further X terms of the main suppliers, Ethiopia 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

The average cow peas import price stood at $X per tonne in 2020, growing by X% against the previous year. Overall, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Ethiopia ($X per tonne), while the price for Myanmar ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ethiopia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cow peas (dry) in the world?
+
The countries with the highest volumes of cow peas consumption in 2020 were Nigeria (3.6M tonnes), Niger (2.6M tonnes) and Burkina Faso (664K tonnes), with a combined 69% share of global consumption. These countries were followed by Ethiopia, Kenya, Mali, Cameroon, Senegal, Ghana, the U.S. and Sudan, which together accounted for a further 19%.
What are the largest producers of cow peas (dry) in the world?
+
The countries with the highest volumes of cow peas production in 2020 were Nigeria (3.6M tonnes), Niger (2.6M tonnes) and Burkina Faso (664K tonnes), with a combined 69% share of global production. Ethiopia, Kenya, Mali, the U.S., Cameroon, Senegal, Canada, Ghana, Sudan and Uganda lagged somewhat behind, together accounting for a further 23%.
What are the leading suppliers of cow peas (dry) to China?
+
In value terms, Myanmar ($617K), Thailand ($470K) and Viet Nam ($318K) were the largest cow peas suppliers to China, together accounting for 72% of total imports. These countries were followed by Pakistan, the U.S., Ethiopia and Canada, which together accounted for a further 26%.
What are the leading importers of cow peas (dry) from China?
+
In value terms, the largest markets for cow peas exported from China were the U.S. ($3.4M), Angola ($3.3M) and Spain ($2M), with a combined 45% share of total exports.
What is the average export price for cow peas (dry) in China?
+
The average cow peas export price stood at $1,965 per tonne in 2020, picking up by 7.5% against the previous year.
What is the average import price for cow peas (dry) in China?
+
In 2020, the average cow peas import price amounted to $561 per tonne, increasing by 3.3% against the previous year.
Product coverage:
• FCL 195 - Cow peas, dry

This report provides an in-depth analysis of the cow peas market in China. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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