CIS: Preserved Peas Market 2024

Preserved Peas Market Size in CIS

The CIS preserved peas market totaled $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Preserved Peas Production in CIS

In value terms, preserved peas production rose rapidly to $X in 2022 estimated in export price. In general, production showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Preserved Peas Exports

Exports in CIS

Preserved peas exports stood at X tons in 2022, remaining relatively unchanged against the year before. Over the period under review, exports posted a prominent expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved peas exports declined to $X in 2022. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Russia was the major exporter of preserved peas in the CIS, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Belarus (X tons) ranks second in terms of the total exports with an X% share, followed by Moldova (X%). Kazakhstan (X tons) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the preserved peas exports, with a CAGR of X% from 2012 to 2022. At the same time, Kazakhstan (X%) and Belarus (X%) displayed positive paces of growth. By contrast, Moldova (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Moldova (X% per year) and Belarus (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Preserved Peas Imports

Imports in CIS

In 2022, supplies from abroad of preserved peas increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, preserved peas imports soared to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) represented the main importer of preserved peas, achieving X% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a X% share, followed by Uzbekistan (X%), Belarus (X%) and Armenia (X%). Azerbaijan (X tons) and Tajikistan (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to preserved peas imports into Russia stood at X%. At the same time, Uzbekistan (X%), Tajikistan (X%), Armenia (X%), Azerbaijan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, Belarus, Armenia, Azerbaijan, Tajikistan and Kazakhstan increased by X, X, X, X, X and X percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported preserved peas in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with an X% share.

In Russia, preserved peas imports contracted by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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