Germany: Cow Peas Market Overview 2021

Cow Peas Market Size in Germany

The German cow peas market dropped slightly to $X in 2019, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2016 to 2019, the growth of the market remained at a somewhat lower figure.

Cow Peas Exports

Exports from Germany

Cow peas exports from Germany reached X tonnes in 2019, picking up by X% on the year before. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2014; however, from 2015 to 2019, exports remained at a lower figure.

In value terms, cow peas exports shrank modestly to $X in 2019. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tonnes), Belgium (X tonnes) and France (X tonnes) were the main destinations of cow peas exports from Germany, together comprising X% of total exports.

From 2007 to 2019, the biggest increases were in Belgium, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Croatia ($X) were the largest markets for cow peas exported from Germany worldwide, together comprising X% of total exports.

Belgium (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cow peas export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. In general, export price indicated measured growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cow peas export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked at $X per tonne in 2018, and then reduced modestly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into Germany

In 2019, imports of cow peas (dry) into Germany fell slightly to X tonnes, which is down by -X% compared with the previous year's figure. Over the period under review, total imports indicated noticeable growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2016 to 2019, the growth imports failed to regain the momentum.

In value terms, cow peas imports totaled $X in 2019. Overall, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

The Netherlands (X tonnes), Kyrgyzstan (X tonnes) and Spain (X tonnes) were the main suppliers of cow peas imports to Germany, with a combined X% share of total imports. China, Poland, Turkey, Canada, the UK, Brazil, Ukraine, Thailand, Lebanon and Belgium lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Ukraine (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Kyrgyzstan ($X) and China ($X) constituted the largest cow peas suppliers to Germany, together accounting for X% of total imports. Spain, Poland, Turkey, the UK, Brazil, Canada, Thailand, Lebanon, Belgium and Ukraine lagged somewhat behind, together comprising a further X the main suppliers, Ukraine (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average cow peas import price amounted to $X per tonne, increasing by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Lebanon, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cow peas (dry) in the world?

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The countries with the highest volumes of cow peas consumption in 2019 were Nigeria (3.6M tonnes), Niger (2.4M tonnes) and Burkina Faso (651K tonnes), together accounting for 71% of global consumption. Ethiopia, Kenya, Mali, Cameroon, Ghana, Senegal and Sudan lagged somewhat behind, together comprising a further 17%.

What are the largest producers of cow peas (dry) in the world?

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The countries with the highest volumes of cow peas production in 2019 were Nigeria (3.6M tonnes), Niger (2.4M tonnes) and Burkina Faso (652K tonnes), with a combined 69% share of global production. Ethiopia, Kenya, the U.S., Mali, Cameroon, Ghana, Senegal, Uganda, Canada and Sudan lagged somewhat behind, together accounting for a further 23%.

What are the leading suppliers of cow peas (dry) to Germany?

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In value terms, the Netherlands ($1.1M), Kyrgyzstan ($540K) and China ($362K) appeared to be the largest cow peas suppliers to Germany, with a combined 48% share of total imports. Spain, Poland, Turkey, the UK, Brazil, Canada, Thailand, Lebanon, Belgium and Ukraine lagged somewhat behind, together comprising a further 37%.

What are the leading importers of cow peas (dry) from Germany?

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In value terms, the Netherlands ($417K), Belgium ($321K) and Croatia ($214K) constituted the largest markets for cow peas exported from Germany worldwide, together comprising 59% of total exports.

What is the average export price for cow peas (dry) in Germany?

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The average cow peas export price stood at $2,325 per tonne in 2019, reducing by -4.9% against the previous year.

What is the average import price for cow peas (dry) in Germany?

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The average cow peas import price stood at $1,479 per tonne in 2019, growing by 2.3% against the previous year.