Democratic Republic of the Congo: Cow Peas Market 2020

Cow Peas Market Size in Democratic Republic of the Congo

The revenue of the cow peas market in Democratic Republic of the Congo amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the cow peas market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Cow Peas Production in Democratic Republic of the Congo

In value terms, cow peas production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2010 when production volume increased by X% y-o-y. Democratic Republic of the Congo cow peas production peaked at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

Average yield of cow peas (dry) in Democratic Republic of the Congo totaled X kg per ha in 2018, therefore, remained relatively stable against the previous year. Overall, the cow peas yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when yield increased by X% against the previous year. Over the period under review, the cow peas yield reached its maximum level at X kg per ha in 2007; however, from 2008 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the cow peas harvested area in Democratic Republic of the Congo amounted to X ha, picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The global cow peas harvested area peaked in 2018 and is likely to continue its growth in the near future.

Cow Peas Exports

Exports from Democratic Republic of the Congo

In 2018, the cow peas exports from Democratic Republic of the Congo totaled X kg, going up by X% against the previous year. In general, cow peas exports, however, continue to indicate a precipitous reduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Democratic Republic of the Congo exports peaked at X tons in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

In value terms, cow peas exports amounted to $X in 2018. Overall, cow peas exports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. In that year, cow peas exports reached their peak of $X. From 2010 to 2018, the growth of cow peas exports remained at a lower figure.

Exports by Country

The countries with the highest levels of cow peas exports in 2018 were the U.S. (X tons), Canada (X tons) and Uganda (X tons), together recording X% of total export. Myanmar (X tons) held the next position in the ranking, followed by Brazil (X tons). All these countries together occupied approx. X% share of total exports. The following exporters - Madagascar (X tons) and the UK (X tons) - each resulted at an X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Uganda (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest cow peas markets from Democratic Republic of the Congo were Canada ($X), the U.S. ($X) and Myanmar ($X), together comprising X% of total exports. Uganda, Brazil, the UK, Madagascar and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X the main exporting countries, Uganda (+X% per year) recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the cow peas export price in Democratic Republic of the Congo amounted to $X per ton, jumping by X% against the previous year. Overall, the cow peas export price continues to indicate a skyrocketing increase. The growth pace was the most rapid in 2010 an increase of X% y-o-y. In that year, the export prices for cow peas (dry) reached their peak level of $X per ton. From 2011 to 2018, the growth in terms of the export prices for cow peas (dry) failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Cow Peas Imports

Imports into Democratic Republic of the Congo

In 2018, the cow peas imports into Democratic Republic of the Congo amounted to X tons, surging by X% against the previous year. Over the period under review, cow peas imports continue to indicate mild growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, cow peas imports reached their maximum at X tons in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, cow peas imports stood at $X in 2018. Overall, cow peas imports continue to indicate a significant slump. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Democratic Republic of the Congo imports peaked at $X in 2009; however, from 2010 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Kenya (X tons), distantly followed by the U.S. (X tons), Angola (X tons), Pakistan (X tons), India (X tons), Canada (X tons) and Vietnam (X tons) were the main importers of cow peas (dry), together constituting X% of total imports. The following importers - Mexico (X tons), Turkey (X tons), the Dominican Republic (X tons), Japan (X tons) and Haiti (X tons) - together made up X% of total imports.

Imports into Kenya increased at an average annual rate of +X% from 2007 to 2018. At the same time, the Dominican Republic (+X%), Vietnam (+X%), Turkey (+X%), Canada (+X%), Pakistan (+X%), Angola (+X%) and Haiti (+X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%), Japan (-X%), Mexico (-X%) and India (-X%) illustrated a downward trend over the same period. While the share of Kenya (+X p.p.), Vietnam (+X p.p.), Canada (+X p.p.), the Dominican Republic (+X p.p.), Pakistan (+X p.p.), Turkey (+X p.p.) and Angola (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Japan (-X p.p.), the U.S. (-X p.p.), Mexico (-X p.p.) and India (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cow peas importing markets into Democratic Republic of the Congo were the U.S. ($X), Kenya ($X) and Angola ($X), together comprising X% of total imports. Canada, Mexico, Pakistan, India, Japan, the Dominican Republic, Turkey, Haiti, Vietnam and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X Dominican Republic (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cow peas import price in Democratic Republic of the Congo amounted to $X per ton, jumping by X% against the previous year. Overall, the cow peas import price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2012 when the import price increased by X% y-o-y. Over the period under review, the import prices for cow peas (dry) reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Kenya, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform