Report World - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 10, 2023

World - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Global Cow Peas Market 2023

Cow Peas Market Size

After two years of growth, the global cow peas market decreased by -0.5% to $X in 2021. In general, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +11.3% against 2018 indices. Over the period under review, the global market reached the peak level at $X in 2020, and then shrank slightly in the following year.

Cow Peas Production

In value terms, cow peas production reached $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.1% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 60% against the previous year. Global production peaked at $X in 2019; afterwards, it flattened through to 2021.

The countries with the highest volumes of production in 2021 were Nigeria (X tons), Niger (X tons) and Burkina Faso (X tons), with a combined 72% share of global production. These countries were followed by Kenya, Canada, the United States, Mali, Ghana, Senegal, Cameroon and Sudan, which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were in Sudan (with a CAGR of +19.1%), while production for the other global leaders experienced more modest paces of growth.

The global average cow peas yield fell modestly to X kg per ha in 2021, flattening at the previous year's figure. Over the period under review, the yield continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2016 with an increase of 13%. Over the period under review, the average cow peas yield attained the peak level at X kg per ha in 2012; however, from 2013 to 2021, the 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.

The global cow peas harvested area fell modestly to X ha in 2021, remaining relatively unchanged against 2020. The harvested area increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 13%. Over the period under review, the harvested area dedicated to cow peas production reached the peak figure at X ha in 2020, and then dropped slightly in the following year.

Cow Peas Exports

Exports

In 2021, overseas shipments of cow peas (dry) increased by 1.8% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 8.4%. The global exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cow peas exports shrank to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

In 2021, Canada (X tons) and the United States (X tons) represented the largest exporters of cow peas (dry)across the globe, together constituting 58% of total exports. Uzbekistan (X tons) held the next position in the ranking, distantly followed by Madagascar (X tons). All these countries together held near 19% share of total exports. Tanzania (X tons), Myanmar (X tons) and Latvia (X tons) took a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Latvia (with a CAGR of +69.2%), while the other global leaders experienced more modest paces of growth.

In value terms, Canada ($X), the United States ($X) and Uzbekistan ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 75% share of global exports. Madagascar, Myanmar, Tanzania and Latvia lagged somewhat behind, together accounting for a further 7.9%.

Latvia, with a CAGR of +43.9%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cow peas export price amounted to $X per ton, reducing by -4.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 12% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Uzbekistan ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+4.9%), while the other global leaders experienced more modest paces of growth.

Cow Peas Imports

Imports

In 2021, approx. X tons of cow peas (dry) were imported worldwide; dropping by -9.7% compared with 2020. Overall, imports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 with an increase of 32%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of global imports failed to regain momentum.

In value terms, cow peas imports contracted to $X in 2021. In general, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. Over the period under review, global imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons) and Mexico (X tons) represented roughly 41% of total imports in 2021. Pakistan (X tons) took a 5.3% share (based on physical terms) of total imports, which put it in second place, followed by the Dominican Republic (5%). Afghanistan (X tons), Vietnam (X tons), China (X tons), Canada (X tons), Japan (X tons), Angola (X tons) and Haiti (X tons) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +173.2%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest cow peas importing markets worldwide were the United States ($X), Mexico ($X) and the Dominican Republic ($X), together comprising 48% of global imports. These countries were followed by Afghanistan, Pakistan, Canada, China, Japan, Vietnam, Angola and Haiti, which together accounted for a further 25%.

China, with a CAGR of +160.8%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average cow peas import price stood at $X per ton in 2021, surging by 5.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2019 an increase of 26% against the previous year. Global import price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Angola ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Afghanistan (+6.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for cow peas (dry) in the world?
+
The countries with the highest volumes of consumption in 2021 were Nigeria, Niger and Burkina Faso, together accounting for 73% of global consumption. Kenya, Mali, Ghana, Senegal, Cameroon, Sudan and the United States lagged somewhat behind, together comprising a further 14%.
What are the largest producers of cow peas (dry) in the world?
+
The countries with the highest volumes of production in 2021 were Nigeria, Niger and Burkina Faso, with a combined 72% share of global production. These countries were followed by Kenya, Canada, the United States, Mali, Ghana, Senegal, Cameroon and Sudan, which together accounted for a further 17%.
What are the leading suppliers of cow peas (dry) in the world?
+
In value terms, the largest cow peas supplying countries worldwide were Canada, the United States and Uzbekistan, with a combined 75% share of global exports. These countries were followed by Madagascar, Myanmar, Tanzania and Latvia, which together accounted for a further 7.9%.
What are the leading importers of cow peas (dry) in the world?
+
In value terms, the United States, Mexico and the Dominican Republic appeared to be the countries with the highest levels of imports in 2021, together comprising 48% of global imports. These countries were followed by Afghanistan, Pakistan, Canada, China, Japan, Vietnam, Angola and Haiti, which together accounted for a further 25%.
What is the average export price for cow peas (dry) in the world?
+
The average cow peas export price stood at $923 per ton in 2021, with a decrease of -4.2% against the previous year.
What is the average import price for cow peas (dry) in the world?
+
In 2021, the average cow peas import price amounted to $969 per ton, picking up by 5.5% against the previous year.

This report provides an in-depth analysis of the global cow peas market. 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

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
REPORT DESCRIPTION
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
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Harvested Area, By Country, 2007-2022
Table 7:
Yield, By Country, 2007-2022
Table 8:
Imports, In Physical Terms, By Country, 2012–2022
Table 9:
Imports, In Value Terms, By Country, 2012–2022
Table 10:
Import Prices, By Country Of Destination, 2012–2022
Table 11:
Exports, In Physical Terms, By Country, 2012–2022
Table 12:
Exports, In Value Terms, By Country, 2012–2022
Table 13:
Export Prices, By Country Of Origin, 2012–2022
Table 14:
Producer Prices, By Major Producing Country, 2022
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Area Harvested, 2012–2022
Figure 20:
Yield, 2012–2022
Figure 21:
Production, By Country, 2022
Figure 22:
Production, In Physical Terms, By Country, 2012–2022
Figure 23:
Harvested Area, By Country, 2022
Figure 24:
Harvested Area, By Country, 2007-2022
Figure 25:
Yield, By Country, 2007-2022
Figure 26:
Imports, In Physical Terms, 2012–2022
Figure 27:
Imports, In Value Terms, 2012–2022
Figure 28:
Imports, In Physical Terms, By Country, 2022
Figure 29:
Imports, In Physical Terms, By Country, 2012–2022
Figure 30:
Imports, In Value Terms, By Country, 2012–2022
Figure 31:
Import Prices, By Country, 2012–2022
Figure 32:
Exports, In Physical Terms, 2012–2022
Figure 33:
Exports, In Value Terms, 2012–2022
Figure 34:
Exports, In Physical Terms, By Country, 2022
Figure 35:
Exports, In Physical Terms, By Country, 2012–2022
Figure 36:
Exports, In Value Terms, By Country, 2012–2022
Figure 37:
Export Prices, 2012–2022
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