Middle East: Green Peas Market 2024

Green Peas Market Size in the Middle East

The Middle Eastern green peas market fell to $X in 2023, dropping by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2022, and then shrank in the following year.

Green Peas Production in the Middle East

In value terms, green peas production fell to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

The country with the largest volume of green peas production was Turkey (X tons), accounting for X% of total volume. Moreover, green peas production in Turkey exceeded the figures recorded by the second-largest producer, Iran (X tons), sevenfold. Syrian Arab Republic (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume in Turkey totaled X%. In the other countries, the average annual rates were as follows: Iran (X% per year) and Syrian Arab Republic (X% per year).

In 2023, the average yield of peas (green) in the Middle East shrank to X tons per ha, waning by X% compared with the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2022 with an increase of X%. As a result, the yield attained the peak level of X tons per ha, and then declined in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The green peas harvested area was estimated at X ha in 2023, growing by X% on 2022. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. Over the period under review, the harvested area dedicated to green peas production attained the maximum at X ha in 2021; however, from 2022 to 2023, the harvested area remained at a lower figure.

Green Peas Exports

Exports in the Middle East

For the eighth consecutive year, the Middle East recorded decline in shipments abroad of peas (green), which decreased by X% to X tons in 2023. Over the period under review, exports recorded a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, green peas exports skyrocketed to $X in 2023. Overall, exports showed a pronounced slump. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) and Yemen (X tons) represented roughly X% of total exports in 2023. Turkey (X tons) took the next position in the ranking, followed by Lebanon (X tons), Iran (X tons) and the United Arab Emirates (X tons). All these countries together held near X% share of total exports. Jordan (X tons) held a relatively small share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Lebanon ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Saudi Arabia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2023, rising by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Green Peas Imports

Imports in the Middle East

After five years of decline, overseas purchases of peas (green) increased by X% to X tons in 2023. Over the period under review, imports, however, continue to indicate a deep contraction. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, green peas imports skyrocketed to $X in 2023. Overall, imports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2023, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates prevails in imports structure, accounting for X tons, which was near X% of total imports in 2023. Qatar (X tons) ranks second in terms of the total imports with an X% share, followed by Iraq (X%), Iran (X%) and Oman (X%). The following importers - Bahrain (X tons) and Yemen (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to green peas imports into the United Arab Emirates stood at X%. At the same time, Iran (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Iraq (X%), Yemen (X%), Oman (X%), Qatar (X%) and Bahrain (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Iran (X p.p.) and Iraq (X p.p.) significantly strengthened its position in terms of the total imports, while Bahrain saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported peas (green) in the Middle East, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with an X% share of total imports. It was followed by Iraq, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Qatar (X% per year) and Iraq (X% per year).

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per ton, declining by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform