United Kingdom: Green Peas Market 2024

Green Peas Market Size in the UK

The UK green peas market declined to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Green Peas Production in the UK

In value terms, green peas production fell to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

In 2022, the average green peas yield in the UK reduced to X tons per ha, with a decrease of X% on the previous year's figure. Overall, the yield, however, recorded a mild increase. The most prominent rate of growth was recorded in 2019 when the yield increased by X% against the previous year. The green peas yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the green peas harvested area in the UK reduced to X ha, waning by X% on the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X% against the previous year. The green peas harvested area peaked at X ha in 2021, and then contracted slightly in the following year.

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Green Peas Exports

Exports from the UK

In 2022, shipments abroad of peas (green) decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, green peas exports contracted rapidly to $X in 2022. In general, exports showed a deep downturn. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Nigeria (X tons) was the main destination for green peas exports from the UK, accounting for a X% share of total exports. Moreover, green peas exports to Nigeria exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. Ireland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Ireland (X% per year).

In value terms, Nigeria ($X), Ireland ($X) and the Netherlands ($X) constituted the largest markets for green peas exported from the UK worldwide, together comprising X% of total exports. France and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, France, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average green peas export price amounted to $X per ton, leveling off at the previous year. Overall, the export price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

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

Green Peas Imports

Imports into the UK

Green peas imports into the UK soared to X tons in 2022, picking up by X% against the previous year. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, green peas imports dropped to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Peru (X tons), Kenya (X tons) and Latvia (X tons) were the main suppliers of green peas imports to the UK, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of X.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Kenya ($X) and Guatemala ($X) were the largest green peas suppliers to the UK, with a combined X% share of total imports. Egypt, Zimbabwe, Lithuania and Latvia lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average green peas import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price saw a noticeable descent. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform