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Germany - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Peas Price in Germany - 2023
Contents:
- Dry Peas Price in Germany (CIF) - 2023
- Dry Peas Price in Germany (FOB) - 2023
- Dry Peas Imports in Germany
- Dry Peas Exports in Germany
Dry Peas Price in Germany (CIF) - 2023
In August 2023, the average dry peas import price amounted to $342 per ton, reducing by -11.6% against the previous month. Over the period under review, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 25% against the previous month. Over the period under review, average import prices attained the peak figure at $557 per ton in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($602 per ton), while the price for Latvia ($305 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (-1.0%), while the prices for the other major suppliers experienced a decline.
Dry Peas Price in Germany (FOB) - 2023
The average dry peas export price stood at $941 per ton in August 2023, shrinking by -7.7% against the previous month. Overall, the export price, however, posted a temperate expansion. The most prominent rate of growth was recorded in December 2022 an increase of 76% m-o-m. As a result, the export price attained the peak level of $2,051 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($6,562 per ton), while the average price for exports to the Netherlands ($418 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Peas Imports in Germany
For the fourth year in a row, Germany recorded growth in supplies from abroad of peas (dry), which increased by 5.5% to 170K tons in 2022. The total import volume increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, dry peas imports soared to $79M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Dry Peas in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 5.3 | 7.8 | 9.3 | 15.2 | 42.1% |
Netherlands | 3.1 | 9.0 | 6.7 | 12.4 | 58.7% |
Czech Republic | 4.6 | 4.7 | 7.8 | 11.9 | 37.3% |
Latvia | 1.9 | 1.7 | 6.3 | 10.7 | 77.9% |
France | 2.4 | 4.3 | 3.9 | 6.1 | 36.5% |
Russia | 5.2 | 2.3 | 7.6 | 5.1 | -0.6% |
Lithuania | 5.3 | 2.2 | 7.4 | 3.9 | -9.7% |
Estonia | 2.2 | 5.7 | 2.6 | 0.1 | -64.3% |
Others | 14.4 | 12.0 | 11.2 | 13.7 | -1.6% |
Total | 44.6 | 49.7 | 62.8 | 79.2 | 21.1% |
Top Suppliers of Dry Peas to Germany in 2022:
- Poland (35.8K tons)
- Czech Republic (30.7K tons)
- Netherlands (26.2K tons)
- Latvia (25.2K tons)
- France (13.1K tons)
- Russia (12.7K tons)
- Lithuania (8.9K tons)
- Estonia (0.1K tons)
Dry Peas Exports in Germany
In 2022, shipments abroad of peas (dry) decreased by -28% to 31K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 43K tons, and then reduced rapidly in the following year.
In value terms, dry peas exports reached $36M in 2022. The total export value increased at an average annual rate of +14.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Dry Peas in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1.6 | 2.5 | 2.1 | 6.0 | 55.4% |
Netherlands | 2.4 | 3.3 | 8.2 | 4.9 | 26.9% |
France | 2.2 | 3.3 | 3.5 | 3.1 | 12.1% |
Belgium | 1.1 | 1.7 | 1.9 | 2.7 | 34.9% |
Italy | 3.1 | 2.8 | 3.1 | 2.4 | -8.2% |
United Kingdom | 1.7 | 4.3 | 1.5 | 2.0 | 5.6% |
Switzerland | 0.6 | 0.9 | 1.2 | 1.9 | 46.8% |
Poland | 1.0 | 0.9 | 1.2 | 1.7 | 19.3% |
Austria | 1.3 | 2.3 | 0.9 | 1.5 | 4.9% |
Spain | 1.1 | 2.0 | 1.6 | 1.3 | 5.7% |
Turkey | 0.8 | 1.2 | 1.5 | 1.0 | 7.7% |
Sweden | 0.6 | 0.8 | 1.4 | 1.0 | 18.6% |
Serbia | 0.6 | 0.6 | 1.0 | 0.8 | 10.1% |
Others | 5.4 | 6.0 | 4.9 | 5.4 | 0.0% |
Total | 23.7 | 32.6 | 34.2 | 35.6 | 14.5% |
Top Export Markets for Dry Peas from Germany in 2022:
- Netherlands (8.5K tons)
- Switzerland (3.2K tons)
- Russia (2.8K tons)
- Belgium (2.3K tons)
- Austria (2.1K tons)
- Italy (2.0K tons)
- France (1.9K tons)
- Poland (1.0K tons)
- United Kingdom (0.8K tons)
- Spain (0.8K tons)
- Turkey (0.6K tons)
- Serbia (0.6K tons)
- Sweden (0.5K tons)
This report provides an in-depth analysis of the dry peas market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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