Eastern Europe: Dry Peas Market 2024

Dry Peas Market Size in Eastern Europe

In 2022, the East European dry peas market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. The total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. The level of consumption peaked at $X in 2021, and then shrank in the following year.

Dry Peas Production in Eastern Europe

In value terms, dry peas production contracted dramatically to $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then reduced remarkably in the following year.

Russia (X tons) remains the largest dry peas producing country in Eastern Europe, comprising approx. X% of total volume. Moreover, dry peas production in Russia exceeded the figures recorded by the second-largest producer, Ukraine (X tons), more than tenfold. Lithuania (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Russia amounted to X%. The remaining producing countries recorded the following average annual rates of production growth: Ukraine (X% per year) and Lithuania (X% per year).

The average dry peas yield shrank to X tons per ha in 2022, stabilizing at the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the dry peas yield hit record highs at X tons per ha in 2017; however, from 2018 to 2022, 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.

The dry peas harvested area reached X ha in 2022, surging by X% against 2021 figures. The total harvested area indicated a temperate increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dry peas harvested area increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Dry Peas Exports

Exports in Eastern Europe

For the third year in a row, Eastern Europe recorded growth in overseas shipments of peas (dry), which increased by X% to X tons in 2022. Overall, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, dry peas exports soared to $X in 2022. In general, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

In 2022, Russia (X tons) was the main exporter of peas (dry), generating X% of total exports. Ukraine (X tons) held the second position in the ranking, followed by Latvia (X tons) and Lithuania (X tons). All these countries together took approx. X% share of total exports. The following exporters - the Czech Republic (X tons), Estonia (X tons) and Romania (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to dry peas exports from Russia stood at X%. At the same time, Latvia (X%), Romania (X%), Estonia (X%), Lithuania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Ukraine experienced a relatively flat trend pattern. From 2012 to 2022, the share of Latvia, Lithuania, Estonia and Romania increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest dry peas supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with an X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: Latvia (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Czech Republic ($X per ton) and Lithuania ($X per ton), while Ukraine ($X per ton) and Latvia ($X per ton) were amongst the lowest.

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

Dry Peas Imports

Imports in Eastern Europe

In 2022, the amount of peas (dry) imported in Eastern Europe soared to X tons, increasing by X% against 2021 figures. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dry peas imports skyrocketed to $X in 2022. Over the period under review, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Latvia (X tons) represented the main importer of peas (dry), creating X% of total imports. Poland (X tons) took the second position in the ranking, followed by Hungary (X tons). All these countries together held approx. X% share of total imports. Lithuania (X tons), Russia (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

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

In value terms, Latvia ($X) constitutes the largest market for imported peas (dry) in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

In Latvia, dry peas imports increased at 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: Hungary (X% per year) and Poland (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Latvia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform