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Report Australia and Oceania - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Australia and Oceania - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Cow Peas Market 2024

Cow Peas Market Size in Australia and Oceania

The cow peas market in Australia and Oceania expanded to $X in 2022, surging by 2.8% against the previous year. In general, consumption, however, saw a tangible expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cow Peas Production in Australia and Oceania

In value terms, cow peas production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a sharp decrease. The most prominent rate of growth was recorded in 2013 when the production volume decreased by -43.2% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The country with the largest volume of cow peas production was Fiji (X tons), comprising approx. 99.9% of total volume.

From 2012 to 2022, the average annual growth rate of volume in Fiji was relatively modest.

Cow Peas Exports

Exports in Australia and Oceania

In 2022, shipments abroad of cow peas (dry) decreased by -29.8% to X tons, falling for the third consecutive year after two years of growth. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 215% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, cow peas exports stood at $X in 2022. Overall, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of 264% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Fiji (X tons) represented the major exporter of cow peas (dry), generating 72% of total exports. Australia (X tons) ranks second in terms of the total exports with a 23% share, followed by New Zealand (4.9%).

Fiji experienced a relatively flat trend pattern with regard to volume of exports of cow peas (dry). New Zealand (-1.2%) and Australia (-28.5%) illustrated a downward trend over the same period. Fiji (+72 p.p.) and New Zealand (+4.1 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -76.4% from 2012 to 2022, respectively.

In value terms, Fiji ($X) emerged as the largest cow peas supplier in Australia and Oceania, comprising 78% of total exports. The second position in the ranking was taken by Australia ($X), with a 15% share of total exports.

In Fiji, cow peas exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (-21.0% per year) and New Zealand (+17.4% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, picking up by 54% against the previous year. Overall, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 68% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+18.8%).

Cow Peas Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of cow peas (dry) decreased by -15.9% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 266%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, cow peas imports amounted to $X in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 178%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Australia dominates imports structure, amounting to X tons, which was approx. 92% of total imports in 2022. It was distantly followed by Papua New Guinea (X tons), generating a 6.1% share of total imports.

Imports into Australia increased at an average annual rate of +31.0% from 2012 to 2022. At the same time, Papua New Guinea (+44.2%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +44.2% from 2012-2022. While the share of Australia (+52 p.p.) and Papua New Guinea (+5.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported cow peas (dry) in Australia and Oceania, comprising 90% of total imports. The second position in the ranking was held by Papua New Guinea ($X), with a 7.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled +27.1%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, surging by 20% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Papua New Guinea ($X per ton), while Australia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+16.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Australia constituted the country with the largest volume of cow peas consumption, comprising approx. 86% of total volume. Moreover, cow peas consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand, more than tenfold. The third position in this ranking was occupied by Papua New Guinea, with a 3.7% share.
The country with the largest volume of cow peas production was Nigeria, comprising approx. 2,939,447% of total volume. Moreover, cow peas production in Nigeria exceeded the figures recorded by the second-largest producer, Niger, threefold. The third position in this ranking was occupied by Burkina Faso, with a 380,753% share.
In value terms, Australia remains the largest cow peas supplier in Australia and Oceania, comprising 93% of total exports. The second position in the ranking was occupied by Fiji, with a 6.5% share of total exports.
In value terms, Australia constitutes the largest market for imported cow peas dry) in Australia and Oceania, comprising 85% of total imports. The second position in the ranking was occupied by New Zealand, with a 6.3% share of total imports. It was followed by Papua New Guinea, with a 5.2% share.
In 2020, the cow peas export price in Australia and Oceania amounted to $2,010 per ton, waning by -9.1% against the previous year.
In 2020, the cow peas import price in Australia and Oceania amounted to $1,579 per ton, increasing by 17% against the previous year.

This report provides an in-depth analysis of the cow peas market in Australia and Oceania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 195 - Cow peas, dry

Country coverage:

  • Australia
  • Cook Islands
  • Fiji
  • French Polynesia
  • Kiribati
  • Marshall Islands
  • Micronesia
  • New Caledonia
  • New Zealand
  • Northern Mariana Islands
  • Palau
  • Papua New Guinea
  • Samoa
  • Solomon Islands
  • Tokelau
  • Tonga
  • Tuvalu
  • Vanuatu
  • Wallis and Futuna Islands
  • American Samoa
  • Nauru
  • Niue
  • Guam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Australia and Oceania, split by region and country
  • Trade (exports and imports) in Australia and Oceania
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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