Argentina: Dry Peas Market 2025

Dry Peas Market Size in Argentina

In 2021, the Argentinian dry peas market decreased by -5.5% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, recorded a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted in the following year.

Dry Peas Production in Argentina

In value terms, dry peas production shrank to $X in 2021 estimated in export price. In general, production, however, posted mild growth. The most prominent rate of growth was recorded in 2019 with an increase of 72% against the previous year. Dry peas production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of peas (dry) in Argentina reduced to X tons per ha, waning by -8.8% on 2020 figures. Over the period under review, the yield indicated pronounced growth from 2012 to 2021: its figure increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dry peas yield increased by +42.4% against 2016 indices. The most prominent rate of growth was recorded in 2015 with an increase of 41% against the previous year. The dry peas yield peaked at X tons per ha in 2020, and then declined 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 2021, approx. X ha of peas (dry) were harvested in Argentina; with a decrease of -4.7% on the previous year's figure. In general, the harvested area saw a perceptible curtailment. The pace of growth was the most pronounced in 2014 when the harvested area increased by 70% against the previous year. The dry peas harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Dry Peas Exports

Exports from Argentina

Dry peas exports from Argentina shrank notably to X tons in 2021, with a decrease of -25.9% on 2020 figures. In general, exports faced a abrupt slump. The pace of growth was the most pronounced in 2014 when exports increased by 38%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, dry peas exports dropped sharply to $X in 2021. Over the period under review, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 19%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for dry peas exports from Argentina, accounting for a 46% share of total exports. Moreover, dry peas exports to Brazil exceeded the volume sent to the second major destination, Senegal (X tons), threefold. China (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil totaled -5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+7.0% per year) and China (+80.4% per year).

In value terms, Brazil ($X) remains the key foreign market for dry peas exports from Argentina, comprising 45% of total exports. The second position in the ranking was taken by Senegal ($X), with a 17% share of total exports. It was followed by Russia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil totaled -5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+6.1% per year) and Russia (+7.2% per year).

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per ton, growing by 5.6% against the previous year. Over the period under review, the export price enjoyed a slight expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 87% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the highest price was recorded for prices to Venezuela ($X per ton) and Russia ($X per ton), while the average price for exports to Italy ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.8%), while the prices for the other major destinations experienced a decline.

Dry Peas Imports

Imports into Argentina

Dry peas imports into Argentina soared to X tons in 2021, surging by 453% against the previous year's figure. Over the period under review, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dry peas imports surged to $X in 2021. Overall, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Canada (X tons) constituted the largest dry peas supplier to Argentina, accounting for a 73% share of total imports. Moreover, dry peas imports from Canada exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. The Netherlands (X tons) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Canada stood at +46.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.2% per year) and the Netherlands (+19.4% per year).

In value terms, Canada ($X) constituted the largest supplier of dry peas to Argentina, comprising 75% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada stood at +59.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.1% per year) and the Netherlands (+26.2% per year).

Import Prices by Country

In 2021, the average dry peas import price amounted to $X per ton, with an increase of 77% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 100% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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