Israel: Cow Peas Market Overview 2021

Cow Peas Market Size in Israel

After three years of decline, the Israeli cow peas market increased by X% to $X in 2019. Overall, consumption, however, showed a abrupt curtailment. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the market failed to regain the momentum.

Cow Peas Exports

Exports from Israel

In 2019, overseas shipments of cow peas (dry) increased by X% to X tonnes, rising for the fifth year in a row after five years of decline. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at X tonnes in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.

In value terms, cow peas exports soared to $X in 2019. Overall, exports saw a pronounced expansion. Exports peaked at $X in 2009; however, from 2010 to 2019, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for cow peas exports from Israel, accounting for a X% share of total exports. Moreover, cow peas exports to the U.S. exceeded the volume sent to the second major destination, the UK (X tonnes), sevenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. totaled +X%.

In value terms, the U.S. ($X) remains the key foreign market for cow peas exports from Israel, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the U.S. amounted to +X%.

Export Prices by Country

In 2019, the average cow peas export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price enjoyed temperate growth. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average export prices reached the maximum at $X per tonne in 2016; however, from 2017 to 2019, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to the UK totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the UK.

Cow Peas Imports

Imports into Israel

In 2019, supplies from abroad of cow peas (dry) was finally on the rise to reach X tonnes after four years of decline. Overall, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2009 to 2019, the growth imports failed to regain the momentum.

In value terms, cow peas imports soared to $X in 2019. In general, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Madagascar (X tonnes), Peru (X tonnes) and the Netherlands (X tonnes) were the main suppliers of cow peas imports to Israel, with a combined X% share of total imports. These countries were followed by Argentina, the U.S., China and Hong Kong SAR, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S. (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cow peas suppliers to Israel were Peru ($X), the Netherlands ($X) and Argentina ($X), with a combined X% share of total imports. Madagascar, the U.S., China and Hong Kong SAR lagged somewhat behind, together comprising a further X U.S. saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, shrinking by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Argentina ($X per tonne), while the price for Madagascar ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Peru, 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. These countries were followed by Ethiopia, Kenya, Mali, Cameroon, Ghana, Senegal and Sudan, which together accounted for 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), together comprising 69% of global production. These countries were followed by Ethiopia, Kenya, the U.S., Mali, Cameroon, Ghana, Senegal, Uganda, Canada and Sudan, which together accounted for a further 23%.

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

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In value terms, the largest cow peas suppliers to Israel were Peru ($70K), the Netherlands ($58K) and Argentina ($57K), together accounting for 40% of total imports. Madagascar, the U.S., China and Hong Kong SAR lagged somewhat behind, together accounting for a further 35%.

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

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In value terms, the U.S. ($42K) remains the key foreign market for cow peas exports from Israel, comprising 86% of total exports. The second position in the ranking was occupied by the UK ($5.9K), with a 12% share of total exports.

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

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In 2019, the average cow peas export price amounted to $1,092 per tonne, jumping by 22% against the previous year.

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

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The average cow peas import price stood at $1,195 per tonne in 2019, shrinking by -7.6% against the previous year.