Europe: Dry Peas Market 2024

Dry Peas Market Size in Europe

In 2023, the Europe dry peas market decreased by X% to $X, falling for the second year in a row after three years of growth. The total consumption indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Dry Peas Production in Europe

In value terms, dry peas production rose notably to $X in 2023 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Russia (X tons) constituted the country with the largest volume of dry peas production, accounting for X% of total volume. Moreover, dry peas production in Russia exceeded the figures recorded by the second-largest producer, France (X tons), sevenfold. Ukraine (X tons) ranked third in terms of total production with a X% share.

In Russia, dry peas production increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: France (X% per year) and Ukraine (X% per year).

In 2023, the average dry peas yield in Europe was estimated at X tons per ha, remaining relatively unchanged against the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the yield increased by X% against the previous year. Over the period under review, the dry peas yield attained the maximum level at X tons per ha in 2017; however, from 2018 to 2023, 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 dry peas harvested area fell slightly to X ha in 2023, which is down by X% against 2022 figures. The total harvested area indicated a tangible increase from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry peas harvested area increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2018 to 2023, the growth of the dry peas harvested area failed to regain momentum.

Dry Peas Exports

Exports in Europe

In 2023, overseas shipments of peas (dry) increased by X% to X tons, rising for the fourth year in a row after two years of decline. Overall, exports saw a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, dry peas exports soared to $X in 2023. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. The level of export peaked in 2023 and is likely to see steady growth in the near future.

Exports by Country

Russia prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2023. Ukraine (X tons) ranks second in terms of the total exports with an X% share, followed by France (X%) and Latvia (X%). Lithuania (X tons), the Czech Republic (X tons) and Estonia (X tons) took a relatively small share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Latvia (X%), Estonia (X%), Lithuania (X%), the Czech Republic (X%) and Ukraine (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. By contrast, France (X%) illustrated a downward trend over the same period. Russia (X p.p.), Latvia (X p.p.), Lithuania (X p.p.) and Estonia (X p.p.) significantly strengthened its position in terms of the total exports, while Ukraine and France saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest dry peas supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: France (X% per year) and Ukraine (X% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2023, dropping by X% against the previous year. In general, the export price saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Dry Peas Imports

Imports in Europe

In 2023, after two years of decline, there was significant growth in supplies from abroad of peas (dry), when their volume increased by X% to X tons. Over the period under review, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum in 2023 and are expected to retain growth in the near future.

In value terms, dry peas imports soared to $X in 2023. In general, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2023 and are expected to retain growth in the immediate term.

Imports by Country

Spain was the largest importer of peas (dry) in Europe, with the volume of imports accounting for X tons, which was near X% of total imports in 2023. Italy (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Latvia (X%), Germany (X%), the Netherlands (X%), Norway (X%) and Belgium (X%).

Imports into Spain increased at an average annual rate of X% from 2012 to 2023. At the same time, Latvia (X%), Norway (X%), Germany (X%), Italy (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2023. By contrast, Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Latvia, Spain, Norway and Germany increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) constitutes the largest market for imported peas (dry) in Europe, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Spain amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2023, waning by X% against the previous year. In general, the import price saw a mild setback. The pace of growth was the most pronounced in 2022 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform