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

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

Dry Peas Market Size in the U.S.

The U.S. dry peas market surged to $X in 2021, with an increase of X% against the previous year. Overall, consumption saw a prominent increase. Dry peas consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Dry Peas Production in the U.S.

In value terms, dry peas production expanded markedly to $X in 2021. In general, the total production indicated a buoyant expansion 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, production decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

The average yield of peas (dry) in the United States amounted to X tonnes per ha in 2021, remaining constant against the year before. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the yield increased by X% year-to-year. The dry peas yield peaked in 2021 and is likely to see steady growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of peas (dry) were harvested in the United States; approximately reflecting the previous year's figure. Over the period under review, the total harvested area indicated a strong expansion from 2012 to 2021: its figure 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, dry peas harvested area decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X% year-to-year. The dry peas harvested area peaked at X ha in 2016; however, from 2017 to 2021, the harvested area stood at a somewhat lower figure.

Dry Peas Exports

Exports from the U.S.

In 2021, shipments abroad of peas (dry) decreased by -X% to X tonnes for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% year-to-year. Over the period under review, the exports reached the maximum at X tonnes in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, dry peas exports shrank to $X in 2021. In general, total exports indicated a slight 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, exports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Ethiopia (X tonnes), Canada (X tonnes) and China (X tonnes) were the main destinations of dry peas exports from the United States, with a combined X% share of total exports. Yemen, Mexico, Peru, the Philippines, Djibouti, Democratic Republic of the Congo, South Sudan, Cameroon, Kenya and South Africa lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Sudan (+X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dry peas exported from the United States were Ethiopia ($X), Canada ($X) and Yemen ($X), together accounting for X% of total exports. These countries were followed by China, Mexico, Djibouti, Democratic Republic of the Congo, Peru, the Philippines, South Africa, Cameroon, South Sudan and Kenya, which together accounted for a further X the main countries of destination, South Sudan, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was South Africa ($X per tonne), while the average price for exports to China ($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 South Africa (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into the U.S.

In 2021, overseas purchases of peas (dry) increased by X% to X tonnes for the first time since 2018, thus ending a two-year declining trend. In general, imports continue to indicate a resilient expansion. Imports peaked at X tonnes in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, dry peas imports skyrocketed to $X in 2021. Over the period under review, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Canada (X tonnes) constituted the largest dry peas supplier to the United States, with a X% share of total imports. Moreover, dry peas imports from Canada exceeded the figures recorded by the second-largest supplier, Ukraine (X tonnes), more than tenfold. Russia (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2021, 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: Ukraine (+X% per year) and Russia (+X% per year).

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

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

Import Prices by Country

The average dry peas import price stood at $X per tonne in 2021, flattening at the previous year. Overall, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2020 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained 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 New Zealand ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-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 peas (dry) in the world?
+
The country with the largest volume of dry peas consumption was China, accounting for 27% of total volume. Moreover, dry peas consumption in China exceeded the figures recorded by the second-largest consumer, Canada, twofold. Russia ranked third in terms of total consumption with a 9.5% share.
What are the largest producers of peas (dry) in the world?
+
The countries with the highest volumes of dry peas production in 2021 were Canada, Russia and China, together comprising 58% of global production. These countries were followed by the United States, India, France, Ukraine, Ethiopia, Lithuania and Germany, which together accounted for a further 27%.
What are the leading suppliers of peas (dry) to the U.S.?
+
In value terms, Canada constituted the largest supplier of dry peas to the United States, comprising 79% of total imports. The second position in the ranking was occupied by Russia, with a 5.7% share of total imports. It was followed by Ukraine, with a 4.4% share.
What are the leading importers of peas (dry) from the U.S.?
+
In value terms, the largest markets for dry peas exported from the United States were Ethiopia, Canada and Yemen, with a combined 36% share of total exports. China, Mexico, Djibouti, Democratic Republic of the Congo, Peru, the Philippines, South Africa, Cameroon, South Sudan and Kenya lagged somewhat behind, together comprising a further 46%.
What is the average export price for peas (dry) in the U.S.?
+
In 2021, the average dry peas export price amounted to $564 per tonne, increasing by 27% against the previous year.
What is the average import price for peas (dry) in the U.S.?
+
The average dry peas import price stood at $484 per tonne in 2021, approximately mirroring the previous year.

This report provides an in-depth analysis of the dry 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 187 - 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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