Pakistan: Green Peas Market 2024

Green Peas Market Size in Pakistan

In 2023, the Pakistani green peas market decreased by X% to $X for the first time since 2018, thus ending a four-year rising trend. Overall, consumption, however, saw a strong expansion. Green peas consumption peaked at $X in 2022, and then dropped in the following year.

Green Peas Production in Pakistan

In value terms, green peas production rose remarkably to $X in 2023 estimated in export price. Overall, production, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Green peas production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

In 2023, the average yield of peas (green) in Pakistan fell modestly to X tons per ha, waning by X% on the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the average green peas yield attained the peak level at X tons per ha in 2022, and then dropped slightly 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.

In 2023, the harvested area of peas (green) in Pakistan reduced to X ha, falling by X% against the previous year's figure. Over the period under review, the harvested area, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to green peas production reached the maximum at X ha in 2022, and then shrank in the following year.

Green Peas Exports

Exports from Pakistan

In 2023, shipments abroad of peas (green) increased by X% to X tons for the first time since 2018, thus ending a four-year declining trend. Overall, exports continue to indicate modest growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, green peas exports soared to $X in 2023. In general, exports showed moderate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for green peas exports from Pakistan, with a X% share of total exports. Moreover, green peas exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X tons), fivefold. Oman (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Oman (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for peas (green) exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Qatar ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Oman (X% per year).

Export Prices by Country

In 2023, the average green peas export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2022, and then declined significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Pakistan

After two years of growth, overseas purchases of peas (green) decreased by X% to X tons in 2023. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, green peas imports fell notably to $X in 2023. Overall, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, the United Arab Emirates (X tons) was the main green peas supplier to Pakistan, accounting for a approx. X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from the United Arab Emirates amounted to X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of peas (green) to Pakistan.

From 2012 to 2023, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%.

Import Prices by Country

In 2023, the average green peas import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price showed tangible growth. The growth pace was the most rapid in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform