Australia: Cow Peas Market 2025

Cow Peas Market Size in Australia

In 2021, after two years of growth, there was significant decline in the Australian cow peas market, when its value decreased by -31.7% to $X. Over the period under review, consumption, however, continues to indicate measured growth. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Cow Peas Exports

Exports from Australia

In 2021, approx. X tons of cow peas (dry) were exported from Australia; declining by -6.2% on the previous year. In general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 with an increase of 215% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, cow peas exports skyrocketed to $X in 2021. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2018 when exports increased by 265%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Papua New Guinea (X tons), Italy (X tons) and India (X tons) were the main destinations of cow peas exports from Australia, with a combined 97% share of total exports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cow peas exported from Australia were Papua New Guinea ($X), Italy ($X) and India ($X), together comprising 98% of total exports. Fiji lagged somewhat behind, comprising a further 2.3%.

Fiji, with a CAGR of +25.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cow peas export price amounted to $X per ton, with an increase of 27% against the previous year. Overall, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 61% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Papua New Guinea ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+48.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into Australia

In 2021, after two years of growth, there was significant decline in overseas purchases of cow peas (dry), when their volume decreased by -29% to X tons. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of 788%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, cow peas imports dropped markedly to $X in 2021. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 372% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then dropped rapidly in the following year.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of cow peas to Australia, accounting for a 70% share of total imports. Moreover, cow peas imports from the United States exceeded the figures recorded by the second-largest supplier, Myanmar (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +31.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+38.8% per year) and India (+692.0% per year).

In value terms, the United States ($X) constituted the largest supplier of cow peas to Australia, comprising 73% of total imports. The second position in the ranking was taken by Myanmar ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +24.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+49.2% per year) and India (+842.3% per year).

Import Prices by Country

The average cow peas import price stood at $X per ton in 2021, flattening at the previous year. Overall, the import price recorded a drastic downturn. The growth pace was the most rapid in 2020 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+18.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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