Australia and Oceania: Dry Peas Market 2025

Dry Peas Market Size in Australia and Oceania

The dry peas market in Australia and Oceania shrank rapidly to $X in 2021, falling by -61.3% against the previous year. In general, consumption showed a abrupt decrease. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Dry Peas Production in Australia and Oceania

In value terms, dry peas production declined to $X in 2021 estimated in export price. In general, production recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by 34%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Australia (X tons) constituted the country with the largest volume of dry peas production, accounting for 84% of total volume. Moreover, dry peas production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), fivefold.

In Australia, dry peas production contracted by an average annual rate of -5.9% over the period from 2012-2021.

In 2021, the average yield of peas (dry) in Australia and Oceania shrank slightly to X kg per ha, which is down by -2.5% against the year before. Over the period under review, the yield recorded a noticeable downturn. The growth pace was the most rapid in 2017 when the yield increased by 98% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2021, the growth of the dry peas 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 2021, the dry peas harvested area in Australia and Oceania declined slightly to X ha, which is down by -3.6% against 2020. Over the period under review, the harvested area saw a slight decrease. The growth pace was the most rapid in 2018 with an increase of 26% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2019 to 2021, the growth of the dry peas harvested area remained at a lower figure.

Dry Peas Exports

Exports in Australia and Oceania

In 2021, overseas shipments of peas (dry) were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, showed a pronounced shrinkage. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, dry peas exports surged to $X in 2021. Over the period under review, exports, however, saw a perceptible curtailment. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia was the main exporting country with an export of around X tons, which accounted for 83% of total exports. It was distantly followed by New Zealand (X tons), committing a 17% share of total exports.

Exports from Australia decreased at an average annual rate of -4.2% from 2012 to 2021. At the same time, New Zealand (+3.0%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +3.0% from 2012-2021. New Zealand (+7.2 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -7.2% from 2012 to 2021, respectively.

In value terms, the largest dry peas supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

Among the main exporting countries, New Zealand, with a CAGR of +6.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, falling by -24.5% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 30% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2020, and then fell markedly in the following year.

Prices varied noticeably country of origin: the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+3.8%).

Dry Peas Imports

Imports in Australia and Oceania

In 2021, overseas purchases of peas (dry) decreased by -24.8% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2016 when imports increased by 77% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, dry peas imports shrank dramatically to $X in 2021. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of 34% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Fiji represented the key importer of peas (dry) in Australia and Oceania, with the volume of imports recording X tons, which was near 76% of total imports in 2021. It was distantly followed by Australia (X tons), making up an 18% share of total imports. New Zealand (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to dry peas imports into Fiji stood at -4.7%. At the same time, New Zealand (+2.4%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +2.4% from 2012-2021. By contrast, Australia (-6.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand increased by +1.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest dry peas importing markets in Australia and Oceania were Fiji ($X), Australia ($X) and New Zealand ($X), with a combined 97% share of total imports.

New Zealand, with a CAGR of +5.8%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, falling by -4.4% against the previous year. Overall, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2015 an increase of 22%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+3.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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