Northern America: Pulses Market 2024

Pulses Market Size in Northern America

The North American pulses market skyrocketed to $X in 2022, increasing by X% against the previous year. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Pulses Production in Northern America

In value terms, pulses production rose sharply to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Canada (X tons) constituted the country with the largest volume of pulses production, comprising approx. X% of total volume. Moreover, pulses production in Canada exceeded the figures recorded by the second-largest producer, the United States (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume in Canada totaled X%.

The average pulses yield totaled X tons per ha in 2022, leveling off at the previous year. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the pulses yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The pulses harvested area amounted to X ha in 2022, increasing by X% against the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2017 to 2022, the growth of the pulses harvested area remained at a somewhat lower figure.

Pulses Exports

Exports in Northern America

In 2022, shipments abroad of pulses decreased by X% to X tons, falling for the second consecutive year after two years of growth. Total exports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, pulses exports rose notably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

Canada represented the main exporter of pulses in Northern America, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by the United States (X tons), committing a X% share of total exports.

Canada was also the fastest-growing in terms of the pulses exports, with a CAGR of X% from 2012 to 2022. The United States (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, Canada ($X) remains the largest pulses supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Canada amounted to X%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, growing by X% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pulses export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Pulses Imports

Imports in Northern America

In 2022, purchases abroad of pulses increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, pulses imports surged to $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the major importer of pulses in Northern America, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by Canada (X tons), mixing up a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to pulses imports into the United States stood at X%. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported pulses in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, pulses imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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