
Kazakhstan - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Kazakhstan: Cow Peas Market Overview 2021
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Cow Peas Market Size in Kazakhstan
The Kazakh cow peas market fell modestly to $X in 2019, remaining constant 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). Overall, consumption saw a significant expansion. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2019, consumption remained at a lower figure.
Cow Peas Exports
Exports from Kazakhstan
In 2019, overseas shipments of cow peas (dry) increased by X% to X tonnes, rising for the fifth year in a row after three years of decline. In general, exports continue to indicate strong growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cow peas exports surged to $X in 2019. Over the period under review, exports enjoyed a remarkable increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Germany (X tonnes) was the main destination for cow peas exports from Kazakhstan, with a X% share of total exports. Moreover, cow peas exports to Germany exceeded the volume sent to the second major destination, Russia (X tonnes), threefold.
From 2007 to 2019, the average annual rate of growth in terms of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+X% per year) and Turkey (X% per year).
In value terms, Germany ($X) remains the key foreign market for cow peas exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total exports.
From 2007 to 2019, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Russia (-X% per year).
Export Prices by Country
In 2019, the average cow peas export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2019 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Germany ($X per tonne), while the average price for exports to Russia ($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 Turkey, while the prices for the other major destinations experienced a decline.
Cow Peas Imports
Imports into Kazakhstan
In 2019, cow peas imports into Kazakhstan expanded notably to X tonnes, surging by X% against 2018. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.
In value terms, cow peas imports reduced to $X in 2019. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.
Imports by Country
In 2019, Uzbekistan (X tonnes) was the main supplier of cow peas to Kazakhstan, accounting for a approx. X% share of total imports.
From 2007 to 2019, the average annual rate of growth in terms of volume from Uzbekistan totaled +X%.
In value terms, Uzbekistan ($X) constituted the largest supplier of cow peas to Kazakhstan.
From 2007 to 2019, the average annual growth rate of value from Uzbekistan stood at +X%.
Import Prices by Country
The average cow peas import price stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.
As there is only one major supplying country, the average price level is determined by prices for Uzbekistan.
From 2007 to 2019, the rate of growth in terms of prices for Uzbekistan amounted to -X% per year.
Source: IndexBox AI 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 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 accounting for a further 17%.
What are the largest producers of cow peas (dry) in the world?+
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. 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 Kazakhstan?+
In value terms, Uzbekistan ($2.4M) constituted the largest supplier of cow peas to Kazakhstan.
What are the leading importers of cow peas (dry) from Kazakhstan?+
In value terms, Germany ($93K) remains the key foreign market for cow peas exports from Kazakhstan, comprising 85% of total exports. The second position in the ranking was occupied by Turkey ($9.7K), with a 8.9% share of total exports.
What is the average export price for cow peas (dry) in Kazakhstan?+
In 2019, the average cow peas export price amounted to $1,023 per tonne, surging by 4.3% against the previous year.
What is the average import price for cow peas (dry) in Kazakhstan?+
The average cow peas import price stood at $551 per tonne in 2019, declining by -17.3% against the previous year.
This report provides an in-depth analysis of the cow peas market in Kazakhstan. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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