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China - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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China: Dry Peas Market Overview 2021

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Dry Peas Market Size in China

For the third consecutive year, the Chinese dry peas market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption recorded buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Dry peas consumption peaked in 2020 and is likely to continue growth in the immediate term.

Dry Peas Production in China

In value terms, dry peas production totaled $X in 2020 estimated in export prices. In general, production saw a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Dry peas production peaked in 2020 and is likely to continue growth in the near future.

The average yield of peas (dry) in China amounted to X tonnes per ha in 2020, growing by X% compared with the previous year's figure. The yield figure increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 dry peas yield hit record highs at X tonnes per ha in 2017; however, from 2018 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, the total area harvested in terms of peas (dry) production in China dropped modestly to X ha, approximately reflecting the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The dry peas harvested area peaked at X ha in 2007; afterwards, it flattened through to 2020.

Dry Peas Exports

Exports from China

In 2020, after two years of decline, there was significant growth in shipments abroad of peas (dry), when their volume increased by X% to X tonnes. Overall, exports, however, saw a noticeable reduction. Over the period under review, exports reached the maximum at X tonnes in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, dry peas exports soared to $X in 2020. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Viet Nam (X tonnes) was the main destination for dry peas exports from China, with a X% share of total exports. Moreover, dry peas exports to Viet Nam exceeded the volume sent to the second major destination, Indonesia (X tonnes), sixfold. Liberia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Viet Nam stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+X% per year) and Liberia (+X% per year).

In value terms, the largest markets for dry peas exported from China were the U.S. ($X), Viet Nam ($X) and Japan ($X), together comprising X% of total exports. These countries were followed by Liberia, Indonesia, Taiwan (Chinese) and Hong Kong SAR, which together accounted for a further X Kong SAR saw the highest rates of growth with regard to the value of exports, among 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

The average dry peas export price stood at $X per tonne in 2020, declining by -X% against the previous year. Over the period under review, the export price, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. The export price peaked at $X per tonne in 2019, and then reduced remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Indonesia ($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 Japan, while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into China

In 2020, approx. X tonnes of peas (dry) were imported into China; with an increase of X% compared with the previous year's figure. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the near future.

In value terms, dry peas imports skyrocketed to $X in 2020. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2020 and are likely to see steady growth in the immediate term.

Imports by Country

In 2020, Canada (X tonnes) was the main supplier of dry peas to China, accounting for a X% share of total imports. Moreover, dry peas imports from Canada exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Canada totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and France (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Canada totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and France (+X% per year).

Import Prices by Country

In 2020, the average dry peas import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was France ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peas (dry) in the world?
+
China (5.9M tonnes) constituted the country with the largest volume of dry peas consumption, comprising approx. 36% of total volume. Moreover, dry peas consumption in China exceeded the figures recorded by the second-largest consumer, Russia (2M tonnes), threefold. The third position in this ranking was occupied by India (922K tonnes), with a 5.6% share.
What are the largest producers of peas (dry) in the world?
+
The countries with the highest volumes of dry peas production in 2020 were Canada (4.4M tonnes), China (3M tonnes) and Russia (2.6M tonnes), together comprising 60% of global production.
What are the leading suppliers of peas (dry) to China?
+
In value terms, Canada ($759M) constituted the largest supplier of dry peas to China, comprising 93% of total imports. The second position in the ranking was occupied by the U.S. ($39M), with a 4.8% share of total imports.
What are the leading importers of peas (dry) from China?
+
In value terms, the largest markets for dry peas exported from China were the U.S. ($494K), Viet Nam ($358K) and Japan ($124K), together comprising 77% of total exports. Liberia, Indonesia, Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together accounting for a further 14%.
What is the average export price for peas (dry) in China?
+
In 2020, the average dry peas export price amounted to $953 per tonne, declining by -53% against the previous year.
What is the average import price for peas (dry) in China?
+
The average dry peas import price stood at $282 per tonne in 2020, dropping by -2.9% against the previous year.

Product coverage:
• FCL 187 - Peas, dry

This report provides an in-depth analysis of the dry 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2025
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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