Australia and Oceania: Green Peas Market 2025

Green Peas Market Size in Australia and Oceania

After four years of decline, the green peas market in Australia and Oceania increased by 1% to $X in 2022. Over the period under review, consumption, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 7.2% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Green Peas Production in Australia and Oceania

In value terms, green peas production contracted to $X in 2022 estimated in export price. In general, production recorded a slight expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by 102% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were New Zealand (X tons) and Australia (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Australia (with a CAGR of -5.4%).

The average green peas yield declined slightly to X tons per ha in 2022, shrinking by -3.8% compared with 2021 figures. In general, the yield saw a noticeable slump. The growth pace was the most rapid in 2015 when the yield increased by 12%. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the green peas harvested area in Australia and Oceania expanded remarkably to X ha, increasing by 9.7% on 2021 figures. Over the period under review, the harvested area, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2019 with an increase of 12%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Green Peas Exports

Exports in Australia and Oceania

Green peas exports soared to X tons in 2022, jumping by 130% against the previous year. Overall, exports, however, continue to indicate a abrupt decline. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, green peas exports soared to $X in 2022. Over the period under review, exports, however, saw a deep reduction. The growth pace was the most rapid in 2017 when exports increased by 65% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, New Zealand (X tons) represented the major exporter of peas (green), achieving 65% of total exports. Australia (X tons) ranks second in terms of the total exports with a 21% share, followed by Fiji (14%).

New Zealand was also the fastest-growing in terms of the peas (green) exports, with a CAGR of -4.5% from 2012 to 2022. Fiji (-12.2%) and Australia (-26.0%) illustrated a downward trend over the same period. New Zealand (+46 p.p.) and Fiji (+14 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -59.4% from 2012 to 2022, respectively.

In value terms, Australia ($X), New Zealand ($X) and Fiji ($X) constituted the countries with the highest levels of exports in 2022.

New Zealand, with a CAGR of -8.4%, 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 a decline in the exports figures.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, with a decrease of -46.4% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2015 when the export price increased by 35%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.9%), while the other leaders experienced mixed trends in the export price figures.

Green Peas Imports

Imports in Australia and Oceania

In 2022, purchases abroad of peas (green) decreased by -4% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 64% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, green peas imports rose rapidly to $X in 2022. In general, imports showed a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of 25% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X tons) represented the key importer of peas (green), making up 82% of total imports. It was distantly followed by New Zealand (X tons), mixing up an 11% share of total imports. The following importers - Fiji (X tons) and French Polynesia (X tons) - together made up 5.2% of total imports.

From 2012 to 2022, average annual rates of growth with regard to green peas imports into Australia stood at -16.8%. At the same time, Fiji (+16.3%) and French Polynesia (+7.1%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +16.3% from 2012-2022. By contrast, New Zealand (-5.4%) illustrated a downward trend over the same period. New Zealand (+7.4 p.p.), Fiji (+2.9 p.p.) and French Polynesia (+2 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -13.5% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported peas (green) in Australia and Oceania, comprising 69% of total imports. The second position in the ranking was held by New Zealand ($X), with a 25% share of total imports. It was followed by Fiji, with a 2.4% share.

In Australia, green peas imports contracted by an average annual rate of -13.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-3.5% per year) and Fiji (+16.1% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, picking up by 14% against the previous year. In general, the import price posted strong growth. The growth pace was the most rapid in 2021 when the import price increased by 119% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is likely to see gradual 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 New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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