China - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Peas Price in China - 2023
Contents:
- Dry Peas Price in China (CIF) - 2023
- Dry Peas Price in China (FOB) - 2023
- Dry Peas Imports in China
- Dry Peas Exports in China
Dry Peas Price in China (CIF) - 2023
The average dry peas import price stood at $346 per ton in September 2023, falling by -3% against the previous month. Overall, the import price recorded a noticeable slump. The pace of growth was the most pronounced in January 2023 when the average import price increased by 4% m-o-m. The import price peaked at $585 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($546 per ton), while the price for Russia ($295 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 (-0.7%), while the prices for the other major suppliers experienced a decline.
Dry Peas Price in China (FOB) - 2023
In September 2023, the average dry peas export price amounted to $743 per ton, reducing by -26.6% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 212% against the previous month. As a result, the export price reached the peak level of $1,935 per ton. From March 2023 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($6,138 per ton), while the average price for exports to Thailand ($582 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Peas Imports in China
In 2022, supplies from abroad of peas (dry) decreased by -26.4% to 1.6M tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, imports reached the peak of 2.9M tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, dry peas imports expanded markedly to $856M in 2022. The total import value increased at an average annual rate of +13.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Dry Peas in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 567 | 759 | 715 | 733 | 8.9% |
| Australia | 2.3 | 1.1 | 17.5 | 73.5 | 217.3% |
| France | 4.3 | 16.3 | 17.5 | 23.5 | 76.1% |
| United States | 5.6 | 39.4 | 24.1 | 6.8 | 6.7% |
| Others | 3.2 | 4.4 | 5.4 | 18.3 | 78.8% |
| Total | 582 | 821 | 779 | 856 | 13.7% |
Top Suppliers of Dry Peas to China in 2022:
- Canada (1397.2K tons)
- Australia (144.7K tons)
- France (36.7K tons)
- United States (11.3K tons)
Dry Peas Exports in China
Dry peas exports from China soared to 8K tons in 2022, with an increase of 210% compared with 2021 figures. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 222%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, dry peas exports skyrocketed to $5.6M in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Dry Peas in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | 622 | 3,601 | 478.9% |
| Taiwan (Chinese) | 36.8 | 48.3 | 541 | 1,042 | 204.8% |
| Thailand | N/A | 13.2 | 28.9 | 349 | 414.2% |
| Vietnam | 295 | 358 | 275 | 72.6 | -37.3% |
| Others | 475 | 854 | 312 | 500 | 1.7% |
| Total | 807 | 1,274 | 1,779 | 5,565 | 90.3% |
Top Export Markets for Dry Peas from China in 2022:
- Vietnam (undefinedK tons)
- Myanmar (6.0K tons)
- Taiwan (Chinese) (1.4K tons)
- Thailand (0.4K tons)
This report provides an in-depth analysis of the dry 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 187 - 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
-
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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