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

Cow Peas Market Size in Japan

After two years of growth, the Japanese cow peas market decreased by -X% to $X in 2020. Overall, consumption continues to indicate a pronounced setback. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2012 to 2020, the growth of the market remained at a lower figure.

Cow Peas Exports

Exports from Japan

In 2020, overseas shipments of cow peas (dry) decreased by -X% to X tonnes, falling for the fifth consecutive year after two years of growth. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, cow peas exports fell to $X in 2020. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for cow peas exports from Japan, accounting for a X% share of total exports. Moreover, cow peas exports to Hong Kong SAR exceeded the volume sent to the second major destination, Malaysia (X tonnes), more than tenfold. The U.S. (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Hong Kong SAR amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and the U.S. (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value to Hong Kong SAR 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 Malaysia (+X% per year).

Export Prices by Country

The average cow peas export price stood at $X per tonne in 2020, with an increase of X% against the previous year. In general, the export price continues to indicate a resilient increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Malaysia ($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 U.S., while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into Japan

In 2020, supplies from abroad of cow peas (dry) decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, cow peas imports contracted dramatically to $X in 2020. Overall, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Myanmar (X tonnes) constituted the largest cow peas supplier to Japan, accounting for a X% share of total imports. Moreover, cow peas imports from Myanmar exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Myanmar stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and China (-X% per year).

In value terms, the largest cow peas suppliers to Japan were Myanmar ($X), China ($X) and the U.S. ($X), with a combined X% share of total imports.

In terms of the main suppliers, Myanmar (+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 a decline.

Import Prices by Country

In 2020, the average cow peas import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2019, and then declined modestly in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

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), with a combined 69% share 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 Japan?
+
In value terms, Myanmar ($6.9M), China ($5.8M) and the U.S. ($4.3M) appeared to be the largest cow peas suppliers to Japan, together accounting for 98% of total imports.
What are the leading importers of cow peas (dry) from Japan?
+
In value terms, Hong Kong SAR ($431K) remains the key foreign market for cow peas exports from Japan, comprising 93% of total exports. The second position in the ranking was occupied by the U.S. ($18K), with a 3.9% share of total exports. It was followed by Malaysia, with a 1% share.
What is the average export price for cow peas (dry) in Japan?
+
In 2020, the average cow peas export price amounted to $8,696 per tonne, increasing by 76% against the previous year.
What is the average import price for cow peas (dry) in Japan?
+
The average cow peas import price stood at $1,229 per tonne in 2020, declining by -2.8% against the previous year.

Product coverage:
• FCL 195 - Cow peas, dry

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

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