Australia: Cow Peas Market 2025

Cow Peas Market Size in Australia

The Australian cow peas market surged to $X in 2022, growing by 33% against the previous year. Over the period under review, consumption, however, saw a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cow Peas Production in Australia

In value terms, cow peas production stood at $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume decreased by 99.9%. Cow peas production peaked in 2022 and is expected to retain growth in the near future.

In 2022, the average cow peas yield in Australia was estimated at less than X kg per ha, flattening at the previous year's figure. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of cow peas (dry) production in Australia was estimated at less than X ha, remaining relatively unchanged against 2021 figures. In general, the harvested area showed a relatively flat trend pattern.

Cow Peas Exports

Exports from Australia

In 2022, approx. X tons of cow peas (dry) were exported from Australia; shrinking by -52% compared with the year before. Over the period under review, exports saw a sharp slump. The pace of growth appeared the most rapid in 2015 when exports increased by 208% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, cow peas exports reduced remarkably to $X in 2022. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by 262%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), Singapore (X tons) and New Zealand (X tons) were the main destinations of cow peas exports from Australia, with a combined 100% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (with a CAGR of +174.7%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cow peas exported from Australia were the United States ($X), Singapore ($X) and New Zealand ($X), with a combined 97% share of total exports.

Among the main countries of destination, New Zealand, with a CAGR of +179.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average cow peas export price stood at $X per ton in 2022, dropping by -25.5% against the previous year. In general, the export price, however, recorded a temperate increase. The growth pace was the most rapid in 2018 when the average export price increased by 191% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into Australia

In 2022, the amount of cow peas (dry) imported into Australia soared to X tons, picking up by 18% on 2021. Over the period under review, imports, however, showed a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 57% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, cow peas imports surged to $X in 2022. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Canada (X tons), the United States (X tons) and India (X tons) were the main suppliers of cow peas imports to Australia, with a combined 85% share of total imports. Myanmar and Thailand lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +10.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cow peas suppliers to Australia were Canada ($X), the United States ($X) and India ($X), with a combined 82% share of total imports. Thailand and Myanmar lagged somewhat behind, together accounting for a further 12%.

Thailand, with a CAGR of +14.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cow peas import price amounted to $X per ton, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2017 an increase of 29%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Myanmar ($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 (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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