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Peru - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
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Peru: Green Peas Market Overview 2021

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Green Peas Market Size in Peru

In 2020, the Peruvian green peas market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated a remarkable increase 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, consumption decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Green peas consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Green Peas Production in Peru

In value terms, green peas production expanded remarkably to $X in 2020 estimated in export prices. Over the period under review, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2020, production failed to regain the momentum.

The average yield of peas (green) in Peru amounted to X tonnes per ha in 2020, flattening at 2019 figures. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, the average green peas yield reached the maximum level at X tonnes per ha in 2018; however, from 2019 to 2020, the yield failed to regain the momentum. 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 in Peru reached X ha in 2020, increasing by X% on the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2012 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to green peas production reached the peak figure at X ha in 2018; however, from 2019 to 2020, the harvested area failed to regain the momentum.

Green Peas Exports

Exports from Peru

In 2020, the amount of peas (green) exported from Peru expanded to X tonnes, picking up by X% compared with the year before. In general, total exports indicated a perceptible expansion from 2007 to 2020: its volume 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 2016 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, green peas exports expanded notably to $X in 2020. Overall, exports saw resilient growth. The growth pace was the most rapid in 2019 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in years to come.

Exports by Country

The UK (X tonnes), the U.S. (X tonnes) and the Netherlands (X tonnes) were the main destinations of green peas exports from Peru, with a combined X% share of total exports. These countries were followed by Japan, Germany, Canada and Norway, which together accounted for a further X 2007 to 2020, the biggest increases were in Germany, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), the U.S. ($X) and the Netherlands ($X) were the largest markets for green peas exported from Peru worldwide, with a combined X% share of total exports. Japan, Germany, Norway and Canada lagged somewhat behind, together accounting for a further X saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average green peas export price amounted to $X per tonne, growing by X% against the previous year. In general, export price indicated a measured expansion from 2007 to 2020: its price 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, green peas export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. The export price peaked at $X per tonne in 2017; afterwards, it flattened through to 2020.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Norway ($X per tonne), while the average price for exports to the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Peru

In 2020, supplies from abroad of peas (green) increased by X% to X tonnes, rising for the eighth consecutive year after five years of decline. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, green peas imports soared to $X in 2020. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, the U.S. (X tonnes) was the main supplier of green peas to Peru, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. totaled +X%.

In value terms, the U.S. ($X) constituted the largest supplier of green peas to Peru.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. stood at +X%.

Import Prices by Country

In 2020, the average green peas import price amounted to $X per tonne, increasing by X% against the previous year. Overall, import price indicated modest growth from 2007 to 2020: its price 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, green peas import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peas (green) in the world?
+
The country with the largest volume of green peas consumption was China (28M tonnes), comprising approx. 76% of total volume. Moreover, green peas consumption in China exceeded the figures recorded by the second-largest consumer, India (6M tonnes), fivefold.
What are the largest producers of peas (green) in the world?
+
China (28M tonnes) remains the largest green peas producing country worldwide, comprising approx. 76% of total volume. Moreover, green peas production in China exceeded the figures recorded by the second-largest producer, India (6M tonnes), fivefold.
What are the leading suppliers of peas (green) to Peru?
+
In value terms, the U.S. ($631K) constituted the largest supplier of green peas to Peru.
What are the leading importers of peas (green) from Peru?
+
In value terms, the largest markets for green peas exported from Peru were the UK ($10M), the U.S. ($8.6M) and the Netherlands ($6.2M), together comprising 78% of total exports. These countries were followed by Japan, Germany, Norway and Canada, which together accounted for a further 19%.
What is the average export price for peas (green) in Peru?
+
The average green peas export price stood at $3,595 per tonne in 2020, increasing by 4.4% against the previous year.
What is the average import price for peas (green) in Peru?
+
In 2020, the average green peas import price amounted to $662 per tonne, picking up by 5.2% against the previous year.

Product coverage:
• FCL 417 - Peas, green

This report provides an in-depth analysis of the green peas market in Peru. 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:
• Peru

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Peru
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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