U.S. - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingShelled Bean Price in the United States - 2024
Contents:
- Shelled Bean Price in the United States (FOB) - 2024
- Shelled Bean Price in the United States (CIF) - 2024
- Shelled Bean Exports in the United States
- Shelled Bean Imports in the United States
Shelled Bean Price in the United States (FOB) - 2024
In March 2024, the average shelled bean export price amounted to $1,236 per ton, increasing by 3.6% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 an increase of 5.1% against the previous month. Over the period under review, the average export prices attained the peak figure in March 2024.
There were significant differences in the average prices for the major foreign markets. In March 2024, the country with the highest price was Canada ($2,255 per ton), while the average price for exports to the Netherlands ($684 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Bean Price in the United States (CIF) - 2024
In March 2024, the average shelled bean import price amounted to $1,324 per ton, approximately equating the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in February 2024 an increase of 8.3% against the previous month. The import price peaked at $1,367 per ton in March 2023; however, from April 2023 to March 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Colombia ($3,503 per ton), while the price for Poland ($606 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Canada (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Shelled Bean Exports in the United States
Shelled bean exports from the United States reduced markedly to 139K tons in 2022, dropping by -24.1% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 1.9% against the previous year.
In value terms, shelled bean exports contracted to $155M in 2022. Overall, exports continue to indicate a slight decrease. The growth pace was the most rapid in 2020 with an increase of 8.9%.
| Export of Shelled Bean in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 25.6 | 42.0 | 25.5 | 38.3 | 14.4% |
| Mexico | 42.1 | 47.9 | 80.8 | 35.7 | -5.3% |
| Canada | 17.3 | 12.0 | 15.8 | 16.5 | -1.6% |
| Costa Rica | 2.7 | 12.4 | 14.9 | 12.4 | 66.2% |
| Haiti | 13.1 | 23.3 | 9.3 | 9.6 | -9.8% |
| Japan | 7.3 | 4.8 | 2.7 | 5.2 | -10.7% |
| Guatemala | 2.0 | 2.4 | 3.0 | 4.9 | 34.8% |
| Australia | 3.3 | 3.5 | 3.0 | 3.8 | 4.8% |
| United Kingdom | 4.2 | 2.8 | 3.3 | 3.6 | -5.0% |
| El Salvador | 2.0 | 2.4 | 1.9 | 2.8 | 11.9% |
| China | 0.2 | 0.5 | 0.8 | 1.4 | 91.3% |
| Saudi Arabia | 12.0 | N/A | N/A | N/A | 0% |
| Others | 29.8 | 22.1 | 16.3 | 20.8 | -11.3% |
| Total | 162 | 176 | 177 | 155 | -1.5% |
Top Export Markets for Shelled Bean from the United States in 2022:
- Dominican Republic (35.0K tons)
- Mexico (29.0K tons)
- Canada (15.2K tons)
- Costa Rica (10.0K tons)
- Haiti (7.7K tons)
- Guatemala (4.9K tons)
- Japan (4.6K tons)
- United Kingdom (4.0K tons)
- El Salvador (3.9K tons)
- Australia (3.8K tons)
- China (2.6K tons)
Shelled Bean Imports in the United States
In 2022, shelled bean imports into the United States expanded notably to 126K tons, picking up by 5.7% against the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. As a result, imports attained the peak of 127K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, shelled bean imports expanded significantly to $146M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 80% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Shelled Bean in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 48.1 | 86.0 | 83.0 | 97.2 | 26.4% |
| Mexico | 10.0 | 22.4 | 21.7 | 20.4 | 26.8% |
| Peru | 1.9 | 2.3 | 9.8 | 9.4 | 70.4% |
| Nicaragua | 2.7 | 5.3 | 3.8 | 5.7 | 28.3% |
| Argentina | 1.2 | 3.7 | 2.2 | 2.0 | 18.6% |
| Others | 9.5 | 12.7 | 10.5 | 11.6 | 6.9% |
| Total | 73.4 | 132 | 131 | 146 | 25.8% |
Top Suppliers of Shelled Bean to the United States in 2022:
- Canada (91.0K tons)
- Mexico (16.9K tons)
- Peru (5.4K tons)
- Nicaragua (3.4K tons)
- Argentina (1.7K tons)
This report provides an in-depth analysis of the shelled bean 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 195 - Cow 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:
- 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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In November 2022, the cow peas price stood at $1,087 per ton (FOB, US), approximately reflecting the previous month.
317
Dry Bean exports decreased to $40M in July 2023 in terms of value.
441
In July 2022, the pulses price per ton amounted to $996, surging by 2.2% against the previous month.
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The pulses price per ton stood at $1,025 (FOB, US) in May 2022, remaining stable against the previous month.
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As of July 2023, the price of pigeon peas amounted to $1,742 per ton (CIF, US), showing a 1.9% increase compared to the previous month.
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In June 2022, the lentil price per tonamounted to $924 per ton, reducing by -4.4% against the previous month.
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