Africa: Cow Peas Market 2024

Cow Peas Market Size in Africa

The African cow peas market reached $X in 2022, rising by 2.3% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Cow Peas Production in Africa

In value terms, cow peas production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 37%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Nigeria (X tons), Niger (X tons) and Burkina Faso (X tons), together accounting for 80% of total production. Mali, Kenya, Senegal and Ghana lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of +16.2%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average cow peas yield in Africa stood at X kg per ha, therefore, remained relatively stable against the year before. Overall, the yield, however, saw a slight descent. The most prominent rate of growth was recorded in 2016 with an increase of 16%. The level of yield peaked at X kg per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of cow peas (dry) production in Africa reduced slightly to X ha, stabilizing at the year before. The harvested area increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 14% against the previous year. The level of harvested area peaked at X ha in 2021, and then contracted slightly in the following year.

Cow Peas Exports

Exports in Africa

In 2022, approx. X tons of cow peas (dry) were exported in Africa; picking up by 5.2% on the previous year. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by 316% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cow peas exports fell to $X in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 290%. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

Madagascar was the largest exporting country with an export of about X tons, which amounted to 66% of total exports. Kenya (X tons) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Mozambique (6.5%). Malawi (X tons), South Africa (X tons), Uganda (X tons) and Tanzania (X tons) followed a long way behind the leaders.

Exports from Madagascar increased at an average annual rate of +35.7% from 2012 to 2022. At the same time, Tanzania (+46.0%), Uganda (+22.9%), Mozambique (+22.4%), Malawi (+21.5%), South Africa (+17.8%) and Kenya (+13.9%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in Africa, with a CAGR of +46.0% from 2012-2022. From 2012 to 2022, the share of Madagascar increased by +37 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Madagascar ($X) remains the largest cow peas supplier in Africa, comprising 77% of total exports. The second position in the ranking was held by South Africa ($X), with an 8.1% share of total exports. It was followed by Mozambique, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Madagascar totaled +35.9%. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (+22.9% per year) and Mozambique (+20.3% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, falling by -13.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by 36% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.3%), while the other leaders experienced more modest paces of growth.

Cow Peas Imports

Imports in Africa

In 2022, overseas purchases of cow peas (dry) increased by 18% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by 64%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, cow peas imports expanded notably to $X in 2022. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 69%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Egypt (X tons) was the main importer of cow peas (dry), committing 47% of total imports. Zimbabwe (X tons) held the second position in the ranking, distantly followed by South Sudan (X tons) and South Africa (X tons). All these countries together held approx. 43% share of total imports. The following importers - Algeria (X tons) and Ghana (X tons) - each recorded a 3.5% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by South Africa (with a CAGR of +135.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Zimbabwe ($X) and South Sudan ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 81% of total imports. South Africa, Algeria and Ghana lagged somewhat behind, together accounting for a further 9.7%.

South Africa, with a CAGR of +131.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, falling by -4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2015 an increase of 19% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then dropped in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Algeria ($X per ton) and Ghana ($X per ton), while South Africa ($X per ton) and South Sudan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Sudan (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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