Asia: Pulses Market 2024

Pulses Market Size in Asia

In 2022, the Asian pulses market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Pulses Production in Asia

In value terms, pulses production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

India (X tons) remains the largest pulses producing country in Asia, 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 growth rate 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 pulses yield in Asia reached X kg per ha, surging by X% on 2021. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per ha. From 2014 to 2022, the growth of the pulses yield remained 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 harvested area of pulses in Asia contracted modestly to X ha, reducing by X% compared with 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Pulses Exports

Exports in Asia

For the third year in a row, Asia recorded growth in shipments abroad of pulses, which increased by X% to X tons in 2022. Total exports indicated a prominent increase 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 2014 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pulses exports surged to $X in 2022. Total exports 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, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Myanmar (X tons), distantly followed by Turkey (X tons), India (X tons), the United Arab Emirates (X tons) and Uzbekistan (X tons) were the key exporters of pulses, together achieving X% of total exports. The following exporters - China (X tons) and Kazakhstan (X tons) - each resulted at a X% share of total exports.

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

In value terms, the largest pulses supplying countries in Asia were Myanmar ($X), Turkey ($X) and the United Arab Emirates ($X), together comprising X% of total exports. India, China, Uzbekistan and Kazakhstan lagged somewhat behind, together accounting for a further X%.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries 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 stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price saw a mild descent. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 ($X per ton), while Kazakhstan ($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 more modest paces of growth.

Pulses Imports

Imports in Asia

In 2022, supplies from abroad of pulses decreased by X% to X tons, falling for the second consecutive year after two years of growth. Total imports indicated a temperate increase 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, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, pulses imports rose remarkably to $X in 2022. Total imports indicated a resilient 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 attained the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) and India (X tons) were the major importers of pulses in Asia, together constituting X% of total imports. Bangladesh (X tons) ranks next in terms of the total imports with an X% share, followed by Turkey (X%), Pakistan (X%) and the United Arab Emirates (X%). The following importers - Iraq (X tons), Sri Lanka (X tons) and Saudi Arabia (X tons) - each accounted for a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (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 were India ($X), China ($X) and Turkey ($X), with a combined X% share of total imports.

Among the main importing countries, Turkey, 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

In 2022, the import price in Asia amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 Sri Lanka ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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