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World - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Global Dry Peas Market Overview 2021

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Dry Peas Market Size

For the third year in a row, the global dry peas market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the global market reached the peak level in 2020 and is likely to continue growth in the immediate term.

Dry Peas Production

In value terms, dry peas production expanded sharply to $X in 2020 estimated in export prices. In general, production posted a buoyant increase. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. Over the period under review, global production attained the peak level in 2020 and is likely to see steady growth in years to come.

The countries with the highest volumes of dry peas production in 2020 were Canada (X tonnes), China (X tonnes) and Russia (X tonnes), with a combined X% share of global production.

From 2007 to 2020, the most notable rate of growth in terms of dry peas production, amongst the main producing countries, was attained by Russia, while dry peas production for the other global leaders experienced more modest paces of growth.

The global average dry peas yield expanded modestly to X tonnes per ha in 2020, growing by X% on the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the average dry peas yield attained the peak level in 2020 and is likely to see gradual 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 2020, the global harvested area of peas (dry) expanded modestly to X ha, picking up by X% compared with the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2016 when the harvested area increased by X% against the previous year. The global harvested area peaked at X ha in 2017; however, from 2018 to 2020, the harvested area failed to regain the momentum.

Production By Country

The countries with the highest volumes of dry peas production in 2020 were Canada (X tonnes), China (X tonnes) and Russia (X tonnes), with a combined X% share of global production.

From 2007 to 2020, the most notable rate of growth in terms of dry peas production, amongst the leading producing countries, was attained by Russia, while dry peas production for the other global leaders experienced more modest paces of growth.

Dry Peas Exports

Exports

In 2020, shipments abroad of peas (dry) was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. In general, total exports indicated a pronounced increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, global exports reached the peak figure at X tonnes in 2017; afterwards, it flattened through to 2020.

In value terms, dry peas exports rose significantly to $X in 2020. Overall, total exports indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, global exports reached the maximum at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Canada prevails in dry peas exports structure, reaching X tonnes, which was near X% of total exports in 2020. Russia (X tonnes) took the second position in the ranking, followed by the U.S. (X tonnes). All these countries together occupied approx. X% share of total exports. France (X tonnes), Ukraine (X tonnes) and Lithuania (X tonnes) held a little share of total exports.

Exports from Canada increased at an average annual rate of +X% from 2007 to 2020. At the same time, Lithuania (+X%), Russia (+X%), Ukraine (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. By contrast, France (-X%) illustrated a downward trend over the same period. Canada (+X p.p.), Russia (+X p.p.) and Lithuania (+X p.p.) significantly strengthened its position in terms of the global exports, while the U.S. and France saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest dry peas supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports. It was followed by Russia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Canada stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Russia (+X% per year).

Export Prices by Country

In 2020, the average dry peas export price amounted to $X per tonne, with an increase of X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while Lithuania ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

Dry Peas Imports

Imports

After four years of growth, overseas purchases of peas (dry) decreased by -X% to X tonnes in 2020. Overall, imports, however, enjoyed a measured expansion. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, global imports reached the maximum at X tonnes in 2019, and then fell significantly in the following year.

In value terms, dry peas imports dropped significantly to $X in 2020. Over the period under review, total imports indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, global imports attained the maximum at $X in 2019, and then fell sharply in the following year.

Imports by Country

China represented the major importing country with an import of about X tonnes, which resulted at X% of total imports. Pakistan (X tonnes) took the second position in the ranking, followed by Bangladesh (X tonnes). All these countries together occupied approx. X% share of total imports. Belgium (X tonnes), Italy (X tonnes), Spain (X tonnes), Germany (X tonnes), the U.S. (X tonnes), the Netherlands (X tonnes), India (X tonnes) and Norway (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to dry peas imports into China stood at +X%. At the same time, Pakistan (+X%), Norway (+X%), Germany (+X%), Italy (+X%), Spain (+X%), the U.S. (+X%), Bangladesh (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. The Netherlands experienced a relatively flat trend pattern. By contrast, India (-X%) illustrated a downward trend over the same period. China (+X p.p.) and Pakistan (+X p.p.) significantly strengthened its position in terms of the global imports, while India saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported peas (dry) worldwide, comprising X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Bangladesh, with a X% share.

From 2007 to 2020, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Bangladesh (+X% per year).

Import Prices by Country

The average dry peas import price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. Global import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Pakistan, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peas (dry) in the world?
+
China (5.9M tonnes) constituted the country with the largest volume of dry peas consumption, comprising approx. 36% of total volume. Moreover, dry peas consumption in China exceeded the figures recorded by the second-largest consumer, Russia (2M tonnes), threefold. India (922K tonnes) ranked third in terms of total consumption with a 5.6% share.
What are the largest producers of peas (dry) in the world?
+
The countries with the highest volumes of dry peas production in 2020 were Canada (4.4M tonnes), China (3M tonnes) and Russia (2.6M tonnes), together comprising 60% of global production.
What are the leading exporters of peas (dry) in the world?
+
In value terms, Canada ($1.1B) remains the largest dry peas supplier worldwide, comprising 53% of global exports. The second position in the ranking was occupied by the U.S. ($227M), with a 11% share of global exports. It was followed by Russia, with a 8.6% share.
What are the leading importers of peas (dry) in the world?
+
In value terms, China ($821M) constitutes the largest market for imported peas (dry) worldwide, comprising 39% of global imports. The second position in the ranking was occupied by Pakistan ($249M), with a 12% share of global imports. It was followed by Bangladesh, with a 6.3% share.
What is the average export price for peas (dry) in the world?
+
The average dry peas export price stood at $327 per tonne in 2020, growing by 4.8% against the previous year.
What is the average import price for peas (dry) in the world?
+
The average dry peas import price stood at $335 per tonne in 2020, growing by 4% against the previous year.

Product coverage:
• FCL 187 - Peas, dry

This report provides an in-depth analysis of the global dry 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 2025.



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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 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. 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 2007–2020
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 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
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, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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