Report U.S. - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 19, 2022

U.S. - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Cow Peas Market 2022

Cow Peas Market Size in the U.S.

The U.S. cow peas market contracted to $X in 2021, reducing by -X% against the previous year. Over the period under review, consumption, however, showed buoyant growth. Cow peas consumption peaked at $X in 2020, and then shrank modestly in the following year.

Cow Peas Production in the U.S.

In value terms, cow peas production declined sharply to $X in 2021. Over the period under review, production, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

The average yield of cow peas (dry) in the United States expanded slightly to X tonnes per ha in 2021, with an increase of X% compared with the previous year's figure. In general, the yield posted a strong increase. The most prominent rate of growth was recorded in 2019 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tonnes per ha. From 2020 to 2021, the growth of the average cow peas yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of cow peas (dry) production in the United States dropped slightly to X ha, which is down by -X% against the year before. Overall, the harvested area showed a abrupt descent. The pace of growth was the most pronounced in 2020 when the harvested area increased by X% y-o-y. The cow peas harvested area peaked at X ha in 2013; however, from 2014 to 2021, the harvested area failed to regain momentum.

Cow Peas Exports

Exports from the U.S.

In 2021, cow peas exports from the United States expanded to X tonnes, surging by X% on 2020. Overall, exports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the exports reached the peak figure at X tonnes in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cow peas exports reached $X in 2021. In general, exports, however, continue to indicate a perceptible reduction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tonnes) was the main destination for cow peas exports from the United States, with a X% share of total exports. Moreover, cow peas exports to Mexico exceeded the volume sent to the second major destination, the Dominican Republic (X tonnes), threefold. The third position in this ranking was occupied by Costa Rica (X tonnes), with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Mexico stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+X% per year) and Costa Rica (+X% per year).

In value terms, Mexico ($X) remains the key foreign market for cow peas exports from the United States, comprising X% of total exports. The second position in the ranking was occupied by the Dominican Republic ($X), with a X% share of total exports. It was followed by Canada, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (-X% per year) and Canada (-X% per year).

Export Prices by Country

The average cow peas export price stood at $X per tonne in 2021, approximately mirroring the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into the U.S.

In 2021, imports of cow peas (dry) into the United States dropped to X tonnes, with a decrease of -X% on 2020 figures. Overall, total imports indicated perceptible growth from 2012 to 2021: its volume 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 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes, and then shrank in the following year.

In value terms, cow peas imports contracted slightly to $X in 2021. In general, total imports indicated a mild 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, imports increased by +X% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by X% year-to-year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2021, Canada (X tonnes) constituted the largest cow peas supplier to the United States, accounting for a X% share of total imports. Moreover, cow peas imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), sixfold. Peru (X tonnes) 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: Mexico (+X% per year) and Peru (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value from Canada stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Peru (+X% per year).

Import Prices by Country

In 2021, the average cow peas import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Peru ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2012 to 2021, 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

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

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 2021 were Nigeria, Niger and Burkina Faso, together accounting for 74% of global consumption. Kenya, Mali, Ghana, Senegal, Cameroon, Sudan and the United States lagged somewhat behind, together accounting for a further 15%.
What are the largest producers of cow peas (dry) in the world?
+
The countries with the highest volumes of cow peas production in 2021 were Nigeria, Niger and Burkina Faso, together comprising 74% of global production. These countries were followed by Kenya, the United States, Mali, Ghana, Canada, Senegal, Cameroon and Sudan, which together accounted for a further 17%.
What are the leading suppliers of cow peas (dry) to the U.S.?
+
In value terms, Canada constituted the largest supplier of cow peas to the United States, comprising 64% of total imports. The second position in the ranking was occupied by Mexico, with a 17% share of total imports. It was followed by Peru, with a 7.5% share.
What are the leading importers of cow peas (dry) from the U.S.?
+
In value terms, Mexico remains the key foreign market for cow peas exports from the United States, comprising 46% of total exports. The second position in the ranking was occupied by the Dominican Republic, with a 15% share of total exports. It was followed by Canada, with an 8.9% share.
What is the average export price for cow peas (dry) in the U.S.?
+
The average cow peas export price stood at $966 per tonne in 2021, therefore, remained relatively stable against the previous year.
What is the average import price for cow peas (dry) in the U.S.?
+
The average cow peas import price stood at $1,101 per tonne in 2021, growing by 6.2% against the previous year.

This report provides an in-depth analysis of the cow peas market in the U.S.. 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 195 - Cow peas, dry
Country coverage:
• United States

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

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 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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