Asia-Pacific: Pulses Market 2024

Pulses Market Size in Asia-Pacific

The Asia-Pacific pulses market reached $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Pulses Production in Asia-Pacific

In value terms, pulses production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The country with the largest volume of pulses production was India (X tons), comprising approx. X% of total volume. Moreover, pulses production in India exceeded the figures recorded by the second-largest producer, China (X tons), fivefold. Myanmar (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in India totaled X%. The remaining producing countries recorded the following average annual rates of production growth: China (X% per year) and Myanmar (X% per year).

In 2022, the average yield of pulses in Asia-Pacific was estimated at X kg per ha, with an increase of X% against 2021 figures. In general, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the yield increased by X% against the previous year. Over the period under review, the pulses yield attained the peak level at X kg per ha in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the pulses harvested area in Asia-Pacific shrank modestly to X ha, which is down by X% compared with 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Pulses Exports

Exports in Asia-Pacific

In 2022, shipments abroad of pulses increased by X% to X tons, rising for the third consecutive year after two years of decline. Total exports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, pulses exports rose notably to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Australia (X tons) and Myanmar (X tons) represented the major exporters of pulses in 2022, amounting to approx. X% and X% of total exports, respectively. It was distantly followed by India (X tons), mixing up a X% share of total exports. The following exporters - China (X tons) and Afghanistan (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Afghanistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Myanmar ($X) and India ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. China and Afghanistan lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Afghanistan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, saw a mild reduction. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 China ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Pulses Imports

Imports in Asia-Pacific

In 2022, purchases abroad of pulses decreased by X% to X tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, pulses imports expanded to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons) and India (X tons) represented roughly X% of total imports in 2022. Bangladesh (X tons) ranks next in terms of the total imports with a X% share, followed by Pakistan (X%). The following importers - Sri Lanka (X tons), Vietnam (X tons), Nepal (X tons) and Japan (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pulses importing markets in Asia-Pacific were India ($X), China ($X) and Pakistan ($X), with a combined X% share of total imports. Bangladesh, Japan, Sri Lanka, Vietnam and Nepal lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Nepal, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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