Turkey: Cow Peas Market 2024

Cow Peas Market Size in Turkey

The Turkish cow peas market dropped significantly to $X in 2022, waning by X% against the previous year. In general, consumption showed a noticeable curtailment. Cow peas consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Cow Peas Production in Turkey

In value terms, cow peas production amounted to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with a decrease of X%. Cow peas production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

In 2022, the average yield of cow peas (dry) in Turkey stood at less than X kg per ha, remaining stable against 2021. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the cow peas harvested area in Turkey amounted to less than X ha, approximately mirroring 2021. Overall, the harvested area saw a relatively flat trend pattern.

Cow Peas Exports

Exports from Turkey

In 2022, the amount of cow peas (dry) exported from Turkey contracted rapidly to X tons, which is down by X% compared with 2021 figures. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, cow peas exports dropped remarkably to $X in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at $X in 2021, and then fell notably in the following year.

Exports by Country

Iraq (X tons) was the main destination for cow peas exports from Turkey, with a X% share of total exports. Moreover, cow peas exports to Iraq exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Iraq ($X) remains the key foreign market for cow peas (dry) exports from Turkey, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Germany (X% per year).

Export Prices by Country

The average cow peas export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sweden ($X per ton) and Italy ($X per ton), while the average price for exports to Algeria ($X per ton) and Iraq ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into Turkey

In 2022, the amount of cow peas (dry) imported into Turkey fell sharply to X tons, waning by X% against the previous year. Over the period under review, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2021, and then contracted sharply in the following year.

In value terms, cow peas imports reduced rapidly to $X in 2022. Overall, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2021, and then fell rapidly in the following year.

Imports by Country

In 2022, Madagascar (X tons) constituted the largest supplier of cow peas to Turkey, with a X% share of total imports. Moreover, cow peas imports from Madagascar exceeded the figures recorded by the second-largest supplier, Brazil (X tons), tenfold. Peru (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Madagascar amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Peru (X% per year).

In value terms, Madagascar ($X) constituted the largest supplier of cow peas (dry) to Turkey, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with an X% share of total imports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Madagascar stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Peru (X% per year).

Import Prices by Country

In 2022, the average cow peas import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then contracted modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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