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Eastern Asia - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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Eastern Asia: Preserved Peas Market Overview 2021

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Preserved Peas Market Size in Eastern Asia

In 2020, the East Asian preserved peas market decreased by -X% to $X, falling for the third consecutive year after two years of growth. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Preserved Peas Production in Eastern Asia

In value terms, preserved peas production shrank modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2020, production stood at a somewhat lower figure.

Production By Country in Eastern Asia

China (X tonnes) remains the largest preserved peas producing country in Eastern Asia, accounting for X% of total volume. Moreover, preserved peas production in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), fivefold. South Korea (X tonnes) ranked third in terms of total production with a X% share.

In China, preserved peas production increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Japan (-X% per year) and South Korea (+X% per year).

Preserved Peas Exports

Exports in Eastern Asia

In 2020, shipments abroad of preserved peas increased by X% to X tonnes, rising for the second year in a row after four years of decline. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. The volume of export peaked in 2020 and is expected to retain growth in years to come.

In value terms, preserved peas exports skyrocketed to $X in 2020. Over the period under review, exports enjoyed a remarkable increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from China (X tonnes), together amounting to X% of total export.

China was also the fastest-growing in terms of the preserved peas exports, with a CAGR of +X% from 2007 to 2020. China (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest preserved peas supplier in Eastern Asia.

In China, preserved peas exports expanded at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

The preserved peas export price in Eastern Asia stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2008 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to -X% per year.

Preserved Peas Imports

Imports in Eastern Asia

In 2020, supplies from abroad of preserved peas decreased by -X% to X tonnes, falling for the third year in a row after three years of growth. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, preserved peas imports fell significantly to $X in 2020. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) and South Korea (X tonnes) represented the main importers of preserved peas in Eastern Asia, together amounting to approx. X% of total imports. It was distantly followed by Japan (X tonnes), generating a X% share of total imports. The following importers - Hong Kong SAR (X tonnes) and Macao SAR (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by South Korea, while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported preserved peas in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In China, preserved peas imports shrank by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Japan (+X% per year).

Import Prices by Country

The preserved peas import price in Eastern Asia stood at $X per tonne in 2020, surging by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 when the import price increased by X% year-to-year. Over the period under review, import prices reached the peak figure in 2020 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Macao SAR ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Macao SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved peas in Eastern Asia?
+
China (472K tonnes) remains the largest preserved peas consuming country in Eastern Asia, comprising approx. 73% of total volume. Moreover, preserved peas consumption in China exceeded the figures recorded by the second-largest consumer, Japan (98K tonnes), fivefold. South Korea (41K tonnes) ranked third in terms of total consumption with a 6.4% share.
What are the largest producers of preserved peas in Eastern Asia?
+
China (518K tonnes) constituted the country with the largest volume of preserved peas production, accounting for 75% of total volume. Moreover, preserved peas production in China exceeded the figures recorded by the second-largest producer, Japan (98K tonnes), fivefold. The third position in this ranking was occupied by South Korea (41K tonnes), with a 5.9% share.
What are the leading suppliers of preserved peas in Eastern Asia?
+
In value terms, China ($35M) remains the largest preserved peas supplier in Eastern Asia.
What are the leading importers of preserved peas in Eastern Asia?
+
In value terms, China ($1.9M) constitutes the largest market for imported preserved peas in Eastern Asia, comprising 60% of total imports. The second position in the ranking was occupied by South Korea ($583K), with a 18% share of total imports. It was followed by Japan, with a 14% share.
What is the average export price for preserved peas in Eastern Asia?
+
In 2020, the preserved peas export price in Eastern Asia amounted to $775 per tonne, surging by 4.9% against the previous year.
What is the average import price for preserved peas in Eastern Asia?
+
The preserved peas import price in Eastern Asia stood at $2,376 per tonne in 2020, growing by 13% against the previous year.

Product coverage:
• Prodcom 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes

This report provides an in-depth analysis of the preserved peas market in Eastern Asia. 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:
• Democratic People's Republic of Korea
• Macao SAR
• Taiwan (Chinese)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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
CONSUMPTION BY COUNTRY
3.3
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

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

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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