MENA: Dry Peas Market 2024

Dry Peas Market Size in MENA

The MENA's dry peas market was estimated at $X in 2023, growing by X% against the previous year. The total consumption indicated a resilient 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 decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Dry Peas Production in MENA

In value terms, dry peas production amounted to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Morocco (X tons) remains the largest dry peas producing country in MENA, comprising approx. X% of total volume. Moreover, dry peas production in Morocco exceeded the figures recorded by the second-largest producer, Algeria (X tons), threefold. Libya (X tons) ranked third in terms of total production with a X% share.

In Morocco, dry peas production decreased by an average annual rate of X% over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: Algeria (X% per year) and Libya (X% per year).

The average dry peas yield rose markedly to X kg per ha in 2023, picking up by X% on 2022 figures. In general, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the yield increased by X%. Over the period under review, the dry peas yield hit record highs at X tons per ha in 2018; however, from 2019 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the harvested area of peas (dry) in MENA contracted slightly to X ha, remaining stable against 2022. Over the period under review, the harvested area continues to indicate a mild shrinkage. The growth pace was the most rapid in 2018 with an increase of X%. The level of harvested area peaked at X ha in 2013; however, from 2014 to 2023, the harvested area stood at a somewhat lower figure.

Dry Peas Exports

Exports in MENA

In 2023, overseas shipments of peas (dry) decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then dropped remarkably in the following year.

In value terms, dry peas exports dropped significantly to $X in 2023. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2022 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined significantly in the following year.

Exports by Country

Turkey dominates exports structure, finishing at X tons, which was near X% of total exports in 2023. It was distantly followed by the United Arab Emirates (X tons), constituting a X% share of total exports. Egypt (X tons) held a minor share of total exports.

Turkey was also the fastest-growing in terms of the peas (dry) exports, with a CAGR of X% from 2012 to 2023. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. By contrast, Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Turkey increased by X percentage points.

In value terms, Turkey ($X) remains the largest dry peas supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

In Turkey, dry peas exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Egypt (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, reducing by X% against the previous year. In general, the export price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Dry Peas Imports

Imports in MENA

In 2023, supplies from abroad of peas (dry) decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2022, and then dropped in the following year.

In value terms, dry peas imports shrank to $X in 2023. Over the period under review, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then declined in the following year.

Imports by Country

Turkey was the main importer of peas (dry) in MENA, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2023. Iraq (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (X%), Yemen (X%) and Djibouti (X%). The following importers - Morocco (X tons) and Egypt (X tons) - each reached a X% share of total imports.

Turkey was also the fastest-growing in terms of the peas (dry) imports, with a CAGR of X% from 2012 to 2023. At the same time, Morocco (X%), Iraq (X%), Yemen (X%), Djibouti (X%), the United Arab Emirates (X%) and Egypt (X%) displayed positive paces of growth. While the share of Turkey (X p.p.), Iraq (X p.p.), Yemen (X p.p.) and Morocco (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Djibouti (X p.p.), the United Arab Emirates (X p.p.) and Egypt (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) constitutes the largest market for imported peas (dry) in MENA, comprising X% of total imports. The second position in the ranking was taken by Iraq ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, dry peas imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Iraq (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

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

Source: IndexBox Platform