Report Philippines - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Philippines - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Dry Peas Market 2022

Dry Peas Market Size in the Philippines

In 2021, the Philippine dry peas market decreased by -X% to $X for the first time since 2016, thus ending a four-year rising trend. In general, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. Dry peas consumption peaked at $X in 2020, and then dropped in the following year.

Dry Peas Production in the Philippines

In value terms, dry peas production stood at $X in 2021 estimated in export price. In general, production recorded a moderate expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

The average yield of peas (dry) in the Philippines was estimated at X ton per ha in 2021, flattening at 2020 figures. In general, the yield showed a relatively flat trend pattern. The dry peas yield peaked at X ton per ha in 2012; afterwards, it flattened through to 2021. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the dry peas harvested area in the Philippines amounted to X ha, remaining constant against 2020 figures. Overall, the harvested area showed a relatively flat trend pattern. Over the period under review, the harvested area dedicated to dry peas production attained the peak figure at X ha in 2012; afterwards, it flattened through to 2021.

Dry Peas Exports

Exports from the Philippines

In 2021, overseas shipments of peas (dry) decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports faced a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, dry peas exports contracted dramatically to $X in 2021. Over the period under review, exports faced a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for dry peas exports from the Philippines, with a X% share of total exports. Moreover, dry peas exports to Canada exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Australia (-X% per year).

In value terms, Canada ($X) remains the key foreign market for dry peas exports from the Philippines, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Australia (-X% per year).

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per ton, reducing by -X% against the previous year. In general, the export price recorded a noticeable contraction. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Australia ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+X%), while the prices for the other major destinations experienced a decline.

Dry Peas Imports

Imports into the Philippines

After five years of growth, purchases abroad of peas (dry) decreased by -X% to X tons in 2021. In general, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then reduced dramatically in the following year.

In value terms, dry peas imports declined slightly to $X in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2020, and then fell in the following year.

Imports by Country

In 2021, Canada (X tons) constituted the largest supplier of dry peas to the Philippines, with a X% share of total imports. Moreover, dry peas imports from Canada exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Australia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Canada stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Australia (+X% per year).

In value terms, Canada ($X) constituted the largest supplier of dry peas to the Philippines, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Canada totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Australia (+X% per year).

Import Prices by Country

In 2021, the average dry peas import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Australia ($X per ton) and the United States ($X per ton), while the price for Canada ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for peas (dry) in the world?
+
China remains the largest dry peas consuming country worldwide, comprising approx. 24% of total volume. Moreover, dry peas consumption in China exceeded the figures recorded by the second-largest consumer, Canada, twofold. The third position in this ranking was held by Russia, with a 9.2% share.
What are the largest producers of peas (dry) in the world?
+
The countries with the highest volumes of in 2021 were Canada, Russia and China, together comprising 58% of global production. The United States, India, France, Ukraine, Ethiopia, Lithuania and Germany lagged somewhat behind, together accounting for a further 27%.
What are the leading suppliers of peas (dry) to the Philippines?
+
In value terms, Canada constituted the largest supplier of dry peas to the Philippines, comprising 57% of total imports. The second position in the ranking was taken by the United States, with a 28% share of total imports. It was followed by Australia, with a 9.7% share.
What are the leading importers of peas (dry) from the Philippines?
+
In value terms, Canada remains the key foreign market for dry peas exports from the Philippines, comprising 84% of total exports. The second position in the ranking was held by the United Arab Emirates $977), with a 12% share of total exports.
What is the average export price for peas (dry) in the Philippines?
+
The average dry peas export price stood at $548 per ton in 2021, reducing by -44.3% against the previous year.
What is the average import price for peas (dry) in the Philippines?
+
The average dry peas import price stood at $560 per ton in 2021, growing by 32% against the previous year.

This report provides an in-depth analysis of the dry peas market in the Philippines. 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 2030.


Product coverage:
• FCL 187 - Peas, dry
Country coverage:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• 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
REPORT DESCRIPTION
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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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