Canada - Chick Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChick Peas Price in Canada - 2023
Contents:
- Chick Peas Price in Canada (FOB) - 2023
- Chick Peas Price in Canada (CIF) - 2023
- Chick Peas Exports in Canada
- Chick Peas Imports in Canada
Chick Peas Price in Canada (FOB) - 2023
The average chick peas export price stood at $958 per ton in September 2023, reducing by -1.9% against the previous month. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 8.5% m-o-m. The export price peaked at $1,054 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In September 2023, the highest price was recorded for prices to Italy ($1,059 per ton) and Pakistan ($1,038 per ton), while the average price for exports to Israel ($722 per ton) and Turkey ($788 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Chick Peas Price in Canada (CIF) - 2023
The average chick peas import price stood at $1,000 per ton in September 2023, leveling off at the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 34% against the previous month. As a result, import price attained the peak level of $1,180 per ton. From August 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($1,399 per ton), while the price for Australia ($900 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the prices for the other major suppliers experienced a decline.
Chick Peas Exports in Canada
Chick peas exports from Canada skyrocketed to 199K tons in 2022, growing by 18% against the previous year. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 51%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, chick peas exports surged to $202M in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 93% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Chick Peas in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 22.0 | 14.7 | 36.8 | 48.6 | 30.2% |
United States | 18.0 | 21.4 | 31.8 | 41.4 | 32.0% |
Syrian Arab Republic | 6.2 | 3.2 | 5.9 | 21.2 | 50.7% |
Turkey | 1.6 | 1.4 | 6.4 | 14.7 | 109.4% |
Lebanon | 2.1 | 2.2 | 4.5 | 13.3 | 85.0% |
Italy | 1.1 | 1.8 | 5.9 | 7.8 | 92.1% |
Israel | 1.0 | 1.8 | 4.7 | 7.0 | 91.3% |
United Kingdom | 3.0 | 2.9 | 3.4 | 5.8 | 24.6% |
United Arab Emirates | 4.4 | 1.2 | 2.8 | 5.2 | 5.7% |
Spain | 0.3 | 0.1 | 1.5 | 5.1 | 157.1% |
Colombia | 1.1 | 1.3 | 1.9 | 4.5 | 59.9% |
Algeria | N/A | 0.6 | 1.4 | 4.1 | 161.4% |
Egypt | 0.9 | 2.5 | 2.4 | 3.7 | 60.2% |
Others | 21.6 | 10.2 | 16.7 | 19.7 | -3.0% |
Total | 83.2 | 65.3 | 126 | 202 | 34.4% |
Top Export Markets for Chick Peas from Canada in 2022:
- Pakistan (48.1K tons)
- United States (46.4K tons)
- Syrian Arab Republic (20.7K tons)
- Turkey (13.2K tons)
- Lebanon (12.9K tons)
- Italy (7.3K tons)
- Israel (6.5K tons)
- United Kingdom (5.1K tons)
- United Arab Emirates (4.9K tons)
- Spain (4.8K tons)
- Colombia (4.0K tons)
- Egypt (3.6K tons)
- Algeria (3.5K tons)
Chick Peas Imports in Canada
In 2022, after two years of decline, there was significant growth in purchases abroad of chick peas, when their volume increased by 11% to 38K tons. Over the period under review, imports, however, showed a abrupt descent.
In value terms, chick peas imports skyrocketed to $37M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Chick Peas in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.3 | 12.4 | 13.1 | 18.7 | 2.6% |
Australia | 8.9 | 6.5 | 6.6 | 11.8 | 9.9% |
India | 3.3 | 2.9 | 1.3 | 2.5 | -8.8% |
Turkey | 1.2 | 1.5 | 1.1 | 1.8 | 14.5% |
Argentina | 0.6 | 0.6 | 0.9 | 0.5 | -5.9% |
Others | 0.9 | 0.6 | 1.4 | 1.9 | 28.3% |
Total | 32.2 | 24.5 | 24.4 | 37.3 | 5.0% |
Top Suppliers of Chick Peas to Canada in 2022:
- United States (20.7K tons)
- Australia (12.0K tons)
- India (1.8K tons)
- Turkey (1.2K tons)
- Argentina (0.4K tons)
This report provides an in-depth analysis of the chick peas market in Canada. 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 191 - Chick-peas, dry
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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 September 2023, the growth rate of Chick Peas exports reached its highest level, with a remarkable 54% increase compared to the previous month. This surge was followed by a substantial rise in value, as Chick Peas exports reached an impressive $22M in October 2023.
In November 2022, the dry bean price stood at $1,068 per ton (FOB, Canada), waning by -2.5% against the previous month.
In August 2022, the pulses price stood at $829 per ton (FOB, Canada), rising by 1.6% against the previous month.
Imports of Cow Peas reached a peak of 174 tons before sharply decreasing the following month. In terms of value, imports of Cow Peas notably dropped to $168K in December 2023.
In June 2023, the price of Dry Peas, amounting to $502 per ton (FOB, Canada), increased by 8.1% compared to the previous month.
In September 2023, the Lentil market experienced an impressive growth rate of 336% compared to the previous month. Additionally, the value of lentil exports showed a remarkable increase, reaching $175M in October 2023.
The Monophenols market showed significant growth in January 2023, with a month-to-month increase of 57%. However, imports declined in value to $5.8M in December 2023.
In February 2023, the monophenols price amounted to $1,557 per ton (CIF, Canada), with an increase of 8% against the previous month.
Global chick peas consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
Global chick peas exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.