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The growth of imports for Dry Peas failed to regain momentum from June 2023 to October 2023. In terms of value, imports of Dry Peas contracted remarkably to $498K in October 2023.
The rate of growth of Dry Peas exports reached its peak in December 2022 with a significant 93% increase compared to the previous month. However, in terms of value, exports declined sharply to $286K in July 2023.
In June 2023, the price of Dry Peas, amounting to $502 per ton (FOB, Canada), increased by 8.1% compared to the previous month.
In June 2023, the price of dry peas reached $685 per ton (FOB, US), experiencing a decrease of -4.9% compared to the previous month.
April 2023 saw a -7% drop in the Dry Peas price, from $684 per ton CIF to Mexico in the previous month.
In February 2023, the dry peas price remained unchanged at $494 per ton (Cost, Insurance, Freight, China) compared to the previous month.
The dry peas import price in Turkey stood at $449 per ton (CIF, Turkey) in December 2022. Average prices of the major supplying countries, as well as the growth rate of imports are stated in the report.
In August 2022, the dry peas price amounted to $505 per ton (FOB, Australia), picking up by 3.9% against 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.
Global dry peas consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
Global dry peas exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global dry peas imports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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