EU: Cow Peas Market Overview 2021

Cow Peas Market Size in the EU

The EU cow peas market rose remarkably to $X in 2020, increasing by X% against the previous year. in general, consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a lower figure.

Cow Peas Production in the EU

In value terms, cow peas production surged to $X in 2020 estimated in export prices. Over the period under review, production saw strong growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level in 2020 and is likely to see steady growth in the immediate term.

The countries with the highest volumes of cow peas production in 2020 were Croatia (X tonnes), Poland (X tonnes) and Bulgaria (X tonnes), together accounting for X% of total production.

From 2007 to 2020, the most notable rate of growth in terms of cow peas production, amongst the main producing countries, was attained by Poland, while cow peas production for the other leaders experienced more modest paces of growth.

In 2020, the average cow peas yield in the European Union dropped to X tonnes per ha, declining by -X% against the previous year's figure. in general, the yield recorded a pronounced descent. The pace of growth appeared the most rapid in 2015 when the yield increased by X% year-to-year. Over the period under review, the cow peas yield hit record highs at X tonnes per ha in 2011; however, from 2012 to 2020, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cow peas harvested area stood at X ha in 2020, picking up by X% against the previous year's figure. Over the period under review, the harvested area enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, the harvested area reached the peak level of X ha. from 2017 to 2020, the growth of the cow peas harvested area failed to regain the momentum.

Production by Country in the EU

The countries with the highest volumes of cow peas production in 2020 were Croatia (X tonnes), Poland (X tonnes) and Bulgaria (X tonnes), with a combined X% share of total production.

From 2007 to 2020, the most notable rate of growth in terms of cow peas production, amongst the main producing countries, was attained by Poland, while cow peas production for the other leaders experienced more modest paces of growth.

Cow Peas Exports

Exports in the EU

Cow peas exports shrank to X tonnes in 2020, dropping by -X% compared with 2019. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. from 2012 to 2020, the growth exports remained at a lower figure.

In value terms, cow peas exports stood at $X in 2020. Total exports indicated a slight expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. The level of export peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Poland (X tonnes) and the Netherlands (X tonnes) represented the major exporters of cow peas (dry) in the European Union, together creating X% of total exports. Spain (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Germany (X%) and France (X%). The following exporters - Belgium (X tonnes), Hungary (X tonnes), Portugal (X tonnes), Italy (X tonnes), Ireland (X tonnes) and Greece (X tonnes) - together made up X% of total exports.

From 2007 to 2020, the biggest increases were in Poland, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Poland ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2020, together comprising X% of total exports. These countries were followed by Spain, France, Belgium, Italy, Portugal, Hungary, Greece and Ireland, which together accounted for a further X terms of the main exporting countries, Ireland saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the cow peas export price in the European Union amounted to $X per tonne, picking up by X% against the previous year. Export price indicated a mild increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the export price increased by X% y-o-y. Over the period under review, export prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while Poland ($X per tonne) was amongst the lowest.

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

Cow Peas Imports

Imports in the EU

In 2020, the amount of cow peas (dry) imported in the European Union contracted to X tonnes, reducing by -X% compared with the previous year. Over the period under review, imports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, cow peas imports rose notably to $X in 2020. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Spain (X tonnes), distantly followed by France (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), Italy (X tonnes), Greece (X tonnes) and Belgium (X tonnes) represented the largest importers of cow peas (dry), together comprising X% of total imports. Hungary (X tonnes), Portugal (X tonnes), Ireland (X tonnes), Slovenia (X tonnes) and Romania (X tonnes) took a little share of total imports.

From 2007 to 2020, the biggest increases were in the Netherlands, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports. The Netherlands, Italy, Greece, Belgium, Hungary, Portugal, Slovenia, Ireland and Romania lagged somewhat behind, together accounting for a further X Netherlands recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the cow peas import price in the European Union amounted to $X per tonne, rising by X% against the previous year. Import price indicated a moderate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. in 2020, the country with the highest price was Germany ($X per tonne), while Portugal ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform