2024 Sees Mexico's Export of Green Peas Skyrocket to $48 Million
From 2022 to 2024, the growth of Green Peas exports remained at a lower figure. In value terms, Green Peas exports skyrocketed to $48M in 2024.
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View PricingThe Mexican market for green peas is characterized by significant international trade, with the United States serving as both the leading source of imports and the primary destination for exports. From 2020 to 2024, the market experienced substantial price growth, with average export and import prices reaching record highs in 2024. The global market is heavily concentrated, with China, India, and Pakistan accounting for the vast majority of both production and consumption. The outlook to 2035 anticipates continued price growth and evolving trade dynamics for Mexico within this global framework.
Globally, the market for green peas is dominated by a few key producing and consuming nations. In 2024, China, India, and Pakistan together accounted for approximately 87% of worldwide consumption and an identical 87% share of global production. This concentration underscores the specialized nature of the broader market in which Mexico operates. Domestically, Mexico's engagement with the green pea market is primarily defined by its trade relationships, with the United States being the pivotal partner for both inbound and outbound flows of the product.
In value terms, the United States constituted the largest supplier of green peas to Mexico. Conversely, the United States also remains the key foreign market for green peas exported from Mexico, with export sales valued at $48 million. Price trends from 2020 through 2024 were strongly positive. The average export price for green peas from Mexico stood at $3,262 per ton in 2024, which was an increase of 34% against the previous year. This price achieved a record high. Simultaneously, the average import price for green peas into Mexico reached $3,764 per ton in 2024, rising by 10% year-on-year and also attaining a peak level. Historically, both price series have shown significant growth, with particularly rapid increases in certain past years.
The forecast period to 2035 projects a continuation of the established price trends. The average export price for green peas, having reached its peak in 2024, is expected to retain growth in the coming years. Similarly, the average import price, which also attained its maximum in 2024, is anticipated to retain growth in the near future. These price trajectories will shape Mexico's trade economics for green peas. While the global market is expected to remain concentrated among the leading Asian producers, Mexico's bilateral trade relationship with the United States will continue to be a central feature of its market activity, with evolving volumes and values influenced by the sustained price momentum.
This report provides an in-depth analysis of the green peas market in Mexico. 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 2030.
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From 2022 to 2024, the growth of Green Peas exports remained at a lower figure. In value terms, Green Peas exports skyrocketed to $48M in 2024.
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Charts mirror the report figures on the platform. Values are synthetic for demo use.
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| Top yields | Ton per hectare |
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| Top export price | USD per ton |
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| Top exporting countries | Share, % |
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