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

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Cow Peas Market Size in Spain

The Spanish cow peas market dropped to $X in 2019, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Cow peas consumption peaked at $X in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Cow Peas Exports

Exports from Spain

In 2019, overseas shipments of cow peas (dry) decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. In general, total exports indicated a modest expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, cow peas exports dropped slightly to $X in 2019. Over the period under review, total exports indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2016 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Belgium (X tonnes), Portugal (X tonnes) and Sweden (X tonnes) were the main destinations of cow peas exports from Spain, together accounting for X% of total exports. Cuba and France lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cuba (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cow peas exported from Spain were Belgium ($X), Portugal ($X) and Cuba ($X), with a combined X% share of total exports.

Cuba (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of 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 2019, the average cow peas export price amounted to $X per tonne, waning by -X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Cuba ($X per tonne), while the average price for exports to Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into Spain

In 2019, cow peas imports into Spain reduced to X tonnes, waning by -X% compared with 2018. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, cow peas imports declined modestly to $X in 2019. In general, imports showed a pronounced slump. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Canada (X tonnes) constituted the largest supplier of cow peas to Spain, with a X% share of total imports. Moreover, cow peas imports from Canada exceeded the figures recorded by the second-largest supplier, China (X tonnes), threefold. The third position in this ranking was occupied by Argentina (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Canada amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Argentina (-X% per year).

In value terms, the largest cow peas suppliers to Spain were Canada ($X), China ($X) and Peru ($X), with a combined X% share of total imports. Argentina, Bolivia, Poland and Portugal lagged somewhat behind, together comprising a further X terms of the main suppliers, Portugal saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average cow peas import price amounted to $X per tonne, growing by X% against the previous year. Overall, import price indicated a temperate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cow peas import price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Bolivia ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cow peas (dry) in the world?
+
The countries with the highest volumes of cow peas consumption in 2019 were Nigeria (3.6M tonnes), Niger (2.4M tonnes) and Burkina Faso (651K tonnes), with a combined 71% share of global consumption. Ethiopia, Kenya, Mali, Cameroon, Ghana, Senegal and Sudan lagged somewhat behind, together accounting for a further 17%.
What are the largest producers of cow peas (dry) in the world?
+
The countries with the highest volumes of cow peas production in 2019 were Nigeria (3.6M tonnes), Niger (2.4M tonnes) and Burkina Faso (652K tonnes), with a combined 69% share of global production. These countries were followed by Ethiopia, Kenya, the U.S., Mali, Cameroon, Ghana, Senegal, Uganda, Canada and Sudan, which together accounted for a further 23%.
What are the leading suppliers of cow peas (dry) to Spain?
+
In value terms, Canada ($2.2M), China ($2M) and Peru ($814K) constituted the largest cow peas suppliers to Spain, together accounting for 74% of total imports. Argentina, Bolivia, Poland and Portugal lagged somewhat behind, together comprising a further 22%.
What are the leading importers of cow peas (dry) from Spain?
+
In value terms, Belgium ($602K), Portugal ($356K) and Cuba ($98K) appeared to be the largest markets for cow peas exported from Spain worldwide, together comprising 87% of total exports.
What is the average export price for cow peas (dry) in Spain?
+
The average cow peas export price stood at $1,385 per tonne in 2019, shrinking by -2.5% against the previous year.
What is the average import price for cow peas (dry) in Spain?
+
The average cow peas import price stood at $1,389 per tonne in 2019, picking up by 4.2% against the previous year.

Product coverage:
• FCL 195 - Cow peas, dry

This report provides an in-depth analysis of the cow peas market in Spain. 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:
• Spain

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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