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Canada - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2026

Canada - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights

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Mar 9, 2024

Canada Sees a Sharp Decline in Pea Imports, Dropping to $168K in December 2023

Canada Cow Peas Imports

Cow peas imports into Canada contracted markedly to 135 tons in December 2023, shrinking by -22% compared with November 2023 figures. Over the period under review, imports, however, showed a perceptible expansion. The growth pace was the most rapid in November 2023 when imports increased by 502% month-to-month. As a result, imports attained the peak of 174 tons, and then reduced sharply in the following month.

In value terms, cow peas imports shrank notably to $168K (IndexBox estimates) in December 2023. In general, imports, however, showed noticeable growth. The pace of growth appeared the most rapid in November 2023 with an increase of 484% month-to-month. As a result, imports reached the peak of $221K, and then reduced markedly in the following month.Canada Cow Peas Imports By Country (USD)

COUNTRYImport Value of Cow Peas in Canada (USD)
Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023
Madagascar103,075N/A53,99355,835N/A17,88320,000N/A4,119N/AN/A106,731129,763
PeruN/A25,650N/AN/A20,984N/A1.0N/A32,598N/AN/AN/A31,776
Nigeria5,0232,7752,1242,00317.06.022,26419.04,45516.05553,8953,539
BrazilN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A22,273N/AN/A
MyanmarN/AN/AN/AN/AN/A18,4652,64960,575N/A1,270N/A19,659N/A
KenyaN/A83,156N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Others3,70723,15376,61516,89669,16727,18436,90924,09759,70870,19114,95290,4222,710
Total111,805134,734132,73274,73490,16863,53881,82384,691100,88071,47737,780220,707167,788

Imports by Country

In December 2023, Madagascar (113 tons) constituted the largest cow peas supplier to Canada, accounting for a 83% share of total imports. Moreover, cow peas imports from Madagascar exceeded the figures recorded by the second-largest supplier, Peru (19 tons), sixfold.

From December 2022 to December 2023, the average monthly growth rate of volume from Madagascar stood at +1.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Peru (+1.5% per month) and Nigeria (-3.0% per month).

In value terms, Madagascar ($130K) constituted the largest supplier of cow peas to Canada, comprising 77% of total imports. The second position in the ranking was taken by Peru ($32K), with a 19% share of total imports.

From December 2022 to December 2023, the average monthly growth rate of value from Madagascar stood at +1.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Peru (+2.0% per month) and Nigeria (-2.9% per month).

Import Prices by Country

In December 2023, the cow peas price amounted to $1,240 per ton (CIF, Canada), dropping by -2.5% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 74% m-o-m. As a result, import price attained the peak level of $1,986 per ton. From February 2023 to December 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the countries with the highest prices were Peru ($1,671 per ton) and India ($1,522 per ton), while the price for Madagascar ($1,153 per ton) and Nigeria ($1,256 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Myanmar (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cow 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 195 - Cow 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 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND THE AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and its Prospects

      1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      5. MARKET FORECAST TO 2035

    4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

      Finding New Products to Diversify Your Business

      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCTS
      4. MOST TRADED PRODUCTS
      5. MOST PROFITABLE PRODUCTS FOR EXPORTS

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. COUNTRIES WITH TOP YIELDS
      4. TOP EXPORTING COUNTRIES
      5. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Export

      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

    11. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Imports, In Physical Terms, By Country, 2012-2024
      6. Imports, In Value Terms, By Country, 2012-2024
      7. Import Prices, By Country, 2012-2024
      8. Exports, In Physical Terms, By Country, 2012-2024
      9. Exports, In Value Terms, By Country, 2012-2024
      10. Exports Prices, By Country, 2012-2024

    12. LIST OF FIGURES

      1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      8. Market Volume Forecast to 2035
      9. Market Value Forecast to 2035
      10. Market Size and Growth, by Product
      11. Average Per Capita Consumption, by Product
      12. Exports and Growth, by Product
      13. Export Prices and Growth, by Product
      14. Production Volume and Growth
      15. Yield and Growth
      16. Exports and Growth
      17. Export Prices and Growth
      18. Market Size and Growth
      19. Per Capita Consumption
      20. Imports and Growth
      21. Import Prices
      22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
      25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
      26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      28. Imports, in Physical Terms, by Country, 2024
      29. Imports, in Physical Terms, by Country, 2012-2024
      30. Imports, in Value Terms, by Country, 2012-2024
      31. Import Prices, by Country, 2012-2024
      32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      34. Exports, in Physical Terms, by Country, 2024
      35. Exports, in Physical Terms, by Country, 2012-2024
      36. Exports, in Value Terms, by Country, 2012-2024
      37. Export Prices, by Country, 2012-2024

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