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

Cow Peas Market Size in Italy

In 2020, the Italian cow peas market was finally on the rise to reach $X for the first time since 2016, thus ending a three-year declining trend. In general, consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2020 and is likely to continue growth in the near future.

Cow Peas Exports

Exports from Italy

In 2020, approx. X tonnes of cow peas (dry) were exported from Italy; falling by -X% compared with the year before. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, cow peas exports reduced notably to $X in 2020. Over the period under review, exports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

Poland (X tonnes) was the main destination for cow peas exports from Italy, with a X% share of total exports. Moreover, cow peas exports to Poland exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tonnes), threefold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Poland totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+X% per year) and the U.S. (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to Poland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Bosnia and Herzegovina (+X% per year).

Export Prices by Country

The average cow peas export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period under review, the export price recorded a noticeable expansion. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, average export prices reached the maximum at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to China ($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 Nigeria, while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into Italy

In 2020, overseas purchases of cow peas (dry) increased by X% to X tonnes, rising for the second year in a row after two years of decline. Over the period under review, imports saw moderate growth. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. from 2017 to 2020, the growth imports remained at a lower figure.

In value terms, cow peas imports surged to $X in 2020. Overall, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2013 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Canada (X tonnes), Argentina (X tonnes) and the U.S. (X tonnes) were the main suppliers of cow peas imports to Italy, together comprising X% of total imports. Portugal, China, the UK and Ethiopia lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Portugal (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cow peas suppliers to Italy were Canada ($X), the U.S. ($X) and Argentina ($X), with a combined X% share of total imports. China, Portugal, the UK and Ethiopia lagged somewhat behind, together accounting for a further X the main suppliers, Portugal (+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 more modest paces of growth.

Import Prices by Country

The average cow peas import price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, import price indicated a noticeable 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. Based on 2020 figures, cow peas import price increased by +X% against 2016 indices. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for Ethiopia ($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 U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cow peas (dry) in the world?
+
The countries with the highest volumes of cow peas consumption in 2020 were Nigeria (3.6M tonnes), Niger (2.6M tonnes) and Burkina Faso (662K tonnes), together comprising 69% of global consumption. These countries were followed by Ethiopia, Kenya, Mali, Cameroon, Senegal, Ghana, the U.S. and Sudan, which together accounted for a further 19%.
What are the largest producers of cow peas (dry) in the world?
+
The countries with the highest volumes of cow peas production in 2020 were Nigeria (3.6M tonnes), Niger (2.6M tonnes) and Burkina Faso (664K tonnes), with a combined 69% share of global production. These countries were followed by Ethiopia, Kenya, Mali, the U.S., Cameroon, Canada, Senegal, Ghana, Sudan and Uganda, which together accounted for a further 23%.
What are the leading suppliers of cow peas (dry) to Italy?
+
In value terms, Canada ($1.1M), the U.S. ($968K) and Argentina ($801K) were the largest cow peas suppliers to Italy, together comprising 65% of total imports. China, Portugal, the UK and Ethiopia lagged somewhat behind, together comprising a further 23%.
What are the leading importers of cow peas (dry) from Italy?
+
In value terms, Poland ($178K) remains the key foreign market for cow peas exports from Italy, comprising 43% of total exports. The second position in the ranking was occupied by the U.S. ($68K), with a 16% share of total exports. It was followed by Bosnia and Herzegovina, with a 9.7% share.
What is the average export price for cow peas (dry) in Italy?
+
The average cow peas export price stood at $2,217 per tonne in 2020, surging by 36% against the previous year.
What is the average import price for cow peas (dry) in Italy?
+
The average cow peas import price stood at $1,322 per tonne in 2020, rising by 22% against the previous year.

Product coverage:
• FCL 195 - Cow peas, dry

This report provides an in-depth analysis of the cow peas market in Italy. 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:
• Italy

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Italy
• 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

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 2030
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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