China - Chick Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChick Peas Price in China - 2023
Contents:
- Chick Peas Price in China (CIF) - 2023
- Chick Peas Price in China (FOB) - 2022
- Chick Peas Imports in China
- Chick Peas Exports in China
Chick Peas Price in China (CIF) - 2023
In September 2023, the average chick peas import price amounted to $993 per ton, falling by -3.5% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 17% against the previous month. As a result, import price attained the peak level of $1,255 per ton. From July 2023 to September 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Turkey ($1,021 per ton), while the price for India amounted to $770 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+0.1%).
Chick Peas Price in China (FOB) - 2022
The average chick peas export price stood at $1,482 per ton in 2022, growing by 17% against the previous year. In general, the export price, however, showed a slight slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 66% against the previous year. The export price peaked at $1,705 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($2,044 per ton), while the average price for exports to Hong Kong SAR ($840 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Chick Peas Imports in China
In 2022, chick peas imports into China surged to 13K tons, jumping by 70% compared with the previous year. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chick peas imports surged to $13M in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Chick Peas in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 3.4 | 0.7 | 2.5 | 10.6 | 46.1% |
Turkey | 1.6 | 4.0 | 3.8 | 2.6 | 17.6% |
Myanmar | 0.5 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.5 | 4.8 | 6.3 | 13.2 | 33.9% |
Top Suppliers of Chick Peas to China in 2022:
- India (10.2K tons)
- Turkey (2.5K tons)
Chick Peas Exports in China
For the third consecutive year, China recorded decline in shipments abroad of chick peas, which decreased by -0.2% to 62 tons in 2022. In general, exports recorded a sharp slump.
In value terms, chick peas exports soared to $92K in 2022. Overall, exports faced a deep contraction.
Export of Chick Peas in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 49.6 | 56.1 | 46.2 | 64.7 | 9.3% |
Hong Kong SAR | 10.4 | 14.5 | 6.6 | 11.9 | 4.6% |
Canada | 5.7 | 8.0 | 7.1 | 7.8 | 11.0% |
Malaysia | 1.1 | 5.5 | 0.9 | 4.9 | 64.5% |
Macao SAR | 8.0 | 5.7 | 3.0 | 2.6 | -31.2% |
Japan | N/A | 9.7 | N/A | N/A | 0% |
United Arab Emirates | 12.7 | 1.4 | N/A | N/A | -89.0% |
Netherlands | 86.9 | N/A | N/A | N/A | 0% |
Others | N/A | 6.9 | 15.0 | N/A | 117.4% |
Total | 174 | 108 | 78.8 | 91.9 | -19.2% |
Top Export Markets for Chick Peas from China in 2022:
- Thailand (39.1 tons)
- Hong Kong SAR (14.2 tons)
- Canada (5.0 tons)
- Malaysia (2.5 tons)
- Macao SAR (1.3 tons)
This report provides an in-depth analysis of the chick peas market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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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 April 2023, the chick peas price stood at $1,029 per ton (CIF, China), rising by 5% against the previous month.
In August 2022, the dry bean price per ton amounted to $971.8 (CIF, China), therefore, remained relatively stable against the previous month.
In 2020, the amount of pulses imported into China soared to 3.2M tons, increasing by 43% from 2019. In value terms, purchases skyrocketed from $800M to $1.1B.
In February 2023, the dry peas price remained unchanged at $494 per ton (Cost, Insurance, Freight, China) compared to the previous month.
The Chinese dry peas market is becoming an attractive export destination for overseas suppliers. In 2020, China increased the volume of imports of dry peas by 45%, as the country is actively recovering its livestock reserves after an outbreak of swine fever and is in dire need of crops for animal feed. Against the background of rising grain prices, peas are becoming a more affordable alternative component in animal feed.
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Global chick peas consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
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