Africa: Dry Peas Market 2024

Dry Peas Market Size in Africa

In 2023, the African dry peas market increased by X% to $X, rising for the fourth consecutive year after two years of decline. The total consumption indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs in 2023 and is expected to retain growth in the immediate term.

Dry Peas Production in Africa

In value terms, dry peas production dropped markedly to $X in 2023 estimated in export price. Overall, production recorded a dramatic downturn. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Algeria (X tons) remains the largest dry peas producing country in Africa, comprising approx. X% of total volume.

From 2012 to 2023, the average annual growth rate of volume in Algeria was relatively modest.

In 2023, the average yield of peas (dry) in Africa declined markedly to X kg per ha, waning by X% compared with the previous year. Overall, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2022, and then shrank dramatically in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the dry peas harvested area in Africa declined significantly to X ha, with a decrease of X% compared with 2022 figures. In general, the harvested area continues to indicate a significant curtailment. The growth pace was the most rapid in 2019 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to dry peas production reached the maximum at X ha in 2012; however, from 2013 to 2023, the harvested area stood at a somewhat lower figure.

Dry Peas Exports

Exports in Africa

Dry peas exports contracted sharply to X tons in 2023, which is down by X% on 2022 figures. Over the period under review, exports faced a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, dry peas exports dropped markedly to $X in 2023. In general, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Algeria prevails in exports structure, recording X tons, which was approx. X% of total exports in 2023. Angola (X kg) and Swaziland (X kg) followed a long way behind the leaders.

Exports from Algeria increased at an average annual rate of X% from 2012 to 2023. At the same time, Angola (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. Algeria (X p.p.), Angola (X p.p.) and Swaziland (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Algeria ($X) remains the largest dry peas supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Angola ($X), with a X% share of total exports.

In Algeria, dry peas exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Angola (X% per year) and Swaziland (X% per year).

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, surging by X% against the previous year. Export price indicated a temperate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry peas export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Angola ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other leaders experienced a decline in the export price figures.

Dry Peas Imports

Imports in Africa

In 2023, approx. X tons of peas (dry) were imported in Africa; which is down by X% on the previous year's figure. Overall, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of import peaked at X tons in 2022, and then dropped significantly in the following year.

In value terms, dry peas imports dropped rapidly to $X in 2023. Over the period under review, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The level of import peaked at $X in 2022, and then fell sharply in the following year.

Imports by Country

Algeria dominates imports structure, recording X tons, which was approx. X% of total imports in 2023. The following importers - Swaziland (X tons) and Angola (X tons) - each amounted to an X% share of total imports.

Algeria experienced a relatively flat trend pattern with regard to volume of imports of peas (dry). At the same time, Swaziland (X%) and Angola (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Algeria, Swaziland and Angola increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Algeria ($X) constitutes the largest market for imported peas (dry) in Africa, comprising X% of total imports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total imports.

In Algeria, dry peas imports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Swaziland (X% per year) and Angola (X% per year).

Import Prices by Country

In 2023, the import price in Africa amounted to $X per ton, rising by X% against the previous year. Import price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry peas import price increased by X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform