CIS: Green Peas Market 2024

Green Peas Market Size in CIS

The CIS green peas market expanded to $X in 2023, increasing by X% against the previous year. The total consumption indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2017 to 2023, the growth of the market remained at a somewhat lower figure.

Green Peas Production in CIS

In value terms, green peas production rose significantly to $X in 2023 estimated in export price. Overall, production enjoyed modest growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2023, production growth failed to regain momentum.

The country with the largest volume of green peas production was Russia (X tons), accounting for X% of total volume. Moreover, green peas production in Russia exceeded the figures recorded by the second-largest producer, Belarus (X tons), more than tenfold. Moldova (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume in Russia amounted to X%. The remaining producing countries recorded the following average annual rates of production growth: Belarus (X% per year) and Moldova (X% per year).

In 2023, the average green peas yield in the CIS was estimated at X tons per ha, increasing by X% against the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the yield increased by X% against the previous year. Over the period under review, the green peas yield reached the peak level at X tons per ha in 2017; however, from 2018 to 2023, 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 2023, the green peas harvested area in the CIS shrank slightly to X ha, almost unchanged from 2022. The harvested area increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to green peas production attained the maximum at X ha in 2022, and then reduced modestly in the following year.

Green Peas Exports

Exports in CIS

After two years of decline, shipments abroad of peas (green) increased by X% to X tons in 2023. Overall, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, green peas exports reached $X in 2023. In general, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Russia (X tons) and Kazakhstan (X tons) was the main exporter of peas (green) in the CIS, creating X% of total export.

From 2012 to 2023, the biggest increases were recorded for Kazakhstan (with a CAGR of X%).

In value terms, Kazakhstan ($X) remains the largest green peas supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

In Kazakhstan, green peas exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2023, leveling off at the previous year. Over the period under review, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2022, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Green Peas Imports

Imports in CIS

In 2023, approx. X tons of peas (green) were imported in the CIS; growing by X% compared with the year before. Over the period under review, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, green peas imports rose rapidly to $X in 2023. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

Kazakhstan (X tons) and Kyrgyzstan (X tons) were the main importers of peas (green) in 2023, finishing at approx. X% and X% of total imports, respectively. Uzbekistan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Tajikistan (X%) and Russia (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Kyrgyzstan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Uzbekistan ($X) and Kazakhstan ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Tajikistan and Kyrgyzstan lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Kyrgyzstan, with a CAGR of X%, saw the highest growth rate of 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 2023, the import price in the CIS amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform