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

Dry Peas Market Size in Northern America

The North American dry peas market reduced markedly to $X in 2020, waning by -X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2017 to 2020, the growth of the market remained at a lower figure.

Dry Peas Production in Northern America

In value terms, dry peas production expanded to $X in 2020 estimated in export prices. The total production indicated pronounced growth from 2007 to 2020: its value 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, production increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2012 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

The country with the largest volume of dry peas production was Canada (X tonnes), comprising approx. X% of total volume. Moreover, dry peas production in Canada exceeded the figures recorded by the second-largest producer, the U.S. (X tonnes), fourfold.

From 2007 to 2020, the average annual growth rate of volume in Canada totaled +X%.

The average dry peas yield reached X tonnes per ha in 2020, standing approx. at the year before. The yield figure increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the dry peas yield hit record highs at X tonnes per ha in 2013; however, from 2014 to 2020, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of peas (dry) production in Northern America rose slightly to X ha, increasing by X% compared with the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to dry peas production reached the maximum at X ha in 2016; afterwards, it flattened through to 2020.

Production By Country in Northern America

Canada (X tonnes) constituted the country with the largest volume of dry peas production, comprising approx. X% of total volume. Moreover, dry peas production in Canada exceeded the figures recorded by the second-largest producer, the U.S. (X tonnes), fourfold.

In Canada, dry peas production increased at an average annual rate of +X% over the period from 2007-2020.

Dry Peas Exports

Exports in Northern America

In 2020, shipments abroad of peas (dry) increased by X% to X tonnes, rising for the second year in a row after two years of decline. Total exports indicated a pronounced expansion from 2007 to 2020: its volume 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, exports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in years to come.

In value terms, dry peas exports expanded markedly to $X in 2020. Total exports indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Canada represented the key exporter of peas (dry) in Northern America, with the volume of exports recording X tonnes, which was near X% of total exports in 2020. It was distantly followed by the U.S. (X tonnes), achieving a X% share of total exports.

Canada was also the fastest-growing in terms of the peas (dry) exports, with a CAGR of +X% from 2007 to 2020. At the same time, the U.S. (+X%) displayed positive paces of growth. While the share of Canada (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of the U.S. (-X p.p.) displayed negative dynamics.

In value terms, Canada ($X) remains the largest dry peas supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports.

In Canada, dry peas exports increased at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

The dry peas export price in Northern America stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, the export price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2008 when the export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Canada stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Dry Peas Imports

Imports in Northern America

In 2020, purchases abroad of peas (dry) decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, dry peas imports contracted significantly to $X in 2020. Overall, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) and Canada (X tonnes) was the main importer of peas (dry) in Northern America, comprising X% of total import.

From 2007 to 2020, the biggest increases were in the U.S..

In value terms, the U.S. ($X) and Canada ($X) appeared to be the countries with the highest levels of imports in 2020.

In terms of the main importing countries, the U.S. recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The dry peas import price in Northern America stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Canada stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peas (dry) in Northern America?
+
The countries with the highest volumes of dry peas consumption in 2020 were the U.S. (648K tonnes) and Canada (608K tonnes).
What are the largest producers of peas (dry) in Northern America?
+
Canada (4.4M tonnes) constituted the country with the largest volume of dry peas production, accounting for 81% of total volume. Moreover, dry peas production in Canada exceeded the figures recorded by the second-largest producer, the U.S. (1M tonnes), fourfold.
What are the leading suppliers of peas (dry) in Northern America?
+
In value terms, Canada ($1.1B) remains the largest dry peas supplier in Northern America, comprising 83% of total exports. The second position in the ranking was occupied by the U.S. ($227M), with a 17% share of total exports.
What are the leading importers of peas (dry) in Northern America?
+
In value terms, the U.S. ($60M) and Canada ($36M) appeared to be the countries with the highest levels of imports in 2020.
What is the average export price for peas (dry) in Northern America?
+
The dry peas export price in Northern America stood at $303 per tonne in 2020, surging by 3.7% against the previous year.
What is the average import price for peas (dry) in Northern America?
+
In 2020, the dry peas import price in Northern America amounted to $489 per tonne, with an increase of 23% against the previous year.

Product coverage:
• FCL 187 - Peas, dry

This report provides an in-depth analysis of the dry peas market in Northern America. 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:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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
CONSUMPTION BY COUNTRY
3.3
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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