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Ireland - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Ireland: Dry Peas Market Overview 2021

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Dry Peas Market Size in Ireland

In 2020, the Irish dry peas market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Dry Peas Production in Ireland

In value terms, dry peas production dropped to $X in 2020 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Dry peas production peaked at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

The average yield of peas (dry) in Ireland fell modestly to X tonnes per ha in 2020, almost unchanged from 2019. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the yield increased by X% against the previous year. The dry peas yield peaked at X tonnes per ha in 2011; however, from 2012 to 2020, the yield failed to regain the momentum. 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 in Ireland reduced to X ha in 2020, leveling off at the previous year. In general, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the harvested area increased by X% year-to-year. As a result, the harvested area reached the peak level of X ha. From 2010 to 2020, the growth of the dry peas harvested area remained at a lower figure.

Dry Peas Exports

Exports from Ireland

In 2020, after two years of growth, there was significant decline in overseas shipments of peas (dry), when their volume decreased by -X% to X tonnes. Over the period under review, exports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2019, and then plummeted in the following year.

In value terms, dry peas exports shrank markedly to $X in 2020. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2019, and then dropped markedly in the following year.

Exports by Country

The UK (X tonnes) was the main destination for dry peas exports from Ireland, accounting for a X% share of total exports. Moreover, dry peas exports to the UK exceeded the volume sent to the second major destination, the United Arab Emirates (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to the UK amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Australia (X% per year).

In value terms, the UK ($X) remains the key foreign market for dry peas exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Australia (X% per year).

Export Prices by Country

The average dry peas export price stood at $X per tonne in 2020, surging by X% against the previous year. In general, the export price continues to indicate a perceptible increase. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into Ireland

In 2020, overseas purchases of peas (dry) increased by X% to X tonnes, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2009; however, from 2010 to 2020, imports remained at a lower figure.

In value terms, dry peas imports soared to $X in 2020. Overall, imports, however, saw a perceptible contraction. Imports peaked at $X in 2009; however, from 2010 to 2020, imports remained at a lower figure.

Imports by Country

Lithuania (X tonnes), the UK (X tonnes) and Moldova (X tonnes) were the main suppliers of dry peas imports to Ireland, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Moldova (+X% per year), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Lithuania ($X), the UK ($X) and Moldova ($X) appeared to be the largest dry peas suppliers to Ireland, together comprising X% of total imports.

In terms of the main suppliers, Moldova (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average dry peas import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Over the period under review, the import price showed a slight downturn. The pace of growth was the most pronounced in 2012 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2013 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peas (dry) in the world?
+
The country with the largest volume of dry peas consumption was China (5.9M tonnes), accounting for 36% of total volume. Moreover, dry peas consumption in China exceeded the figures recorded by the second-largest consumer, Russia (2M tonnes), threefold. India (922K tonnes) ranked third in terms of total consumption with a 5.6% share.
What are the largest producers of peas (dry) in the world?
+
The countries with the highest volumes of dry peas production in 2020 were Canada (4.4M tonnes), China (3M tonnes) and Russia (2.6M tonnes), together accounting for 60% of global production.
What are the leading suppliers of peas (dry) to Ireland?
+
In value terms, Lithuania ($844K), the UK ($767K) and Moldova ($20K) appeared to be the largest dry peas suppliers to Ireland, together accounting for 99% of total imports.
What are the leading importers of peas (dry) from Ireland?
+
In value terms, the UK ($62K) remains the key foreign market for dry peas exports from Ireland, comprising 86% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($6.4K), with a 9% share of total exports.
What is the average export price for peas (dry) in Ireland?
+
The average dry peas export price stood at $1,223 per tonne in 2020, jumping by 23% against the previous year.
What is the average import price for peas (dry) in Ireland?
+
The average dry peas import price stood at $651 per tonne in 2020, falling by -5% against the previous year.

Product coverage:
• FCL 187 - Peas, dry

This report provides an in-depth analysis of the dry peas market in Ireland. 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:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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