Bangladesh: Dry Peas Market 2025

Dry Peas Market Size in Bangladesh

The Bangladeshi dry peas market rose markedly to $X in 2021, increasing by 5.4% against the previous year. Over the period under review, consumption, however, showed strong growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Dry Peas Production in Bangladesh

In value terms, dry peas production contracted to $X in 2021 estimated in export price. Over the period under review, production recorded a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 112% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

In 2021, the average dry peas yield in Bangladesh shrank to X tons per ha, approximately reflecting 2020. The yield figure increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the yield increased by 16%. As a result, the yield attained the peak level of X tons per ha; afterwards, it flattened through to 2021. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of peas (dry) were harvested in Bangladesh; falling by -7.4% on the year before. In general, the harvested area continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 17% against the previous year. The dry peas harvested area peaked at X ha in 2017; however, from 2018 to 2021, the harvested area remained at a lower figure.

Dry Peas Exports

Exports from Bangladesh

In 2021, approx. X tons of peas (dry) were exported from Bangladesh; with an increase of 116% compared with the previous year's figure. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 786%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, dry peas exports skyrocketed to $X in 2021. Overall, exports saw prominent growth. The pace of growth appeared the most rapid in 2015 when exports increased by 986%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), South Africa (X tons) and Maldives (X tons) were the main destinations of dry peas exports from Bangladesh.

From 2012 to 2021, the biggest increases were in South Africa (with a CAGR of +47.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dry peas exported from Bangladesh were South Africa ($X), Italy ($X) and Maldives ($X).

In terms of the main countries of destination, South Africa, with a CAGR of +51.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dry peas export price stood at $X per ton in 2021, with a decrease of -10.6% against the previous year. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in 2019 an increase of 470%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Maldives ($X per ton), while the average price for exports to Italy ($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 Maldives (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.

Dry Peas Imports

Imports into Bangladesh

In 2021, overseas purchases of peas (dry) decreased by -10.6% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of 81% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, dry peas imports surged to $X in 2021. Over the period under review, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2019 when imports increased by 82%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Canada (X tons), Russia (X tons) and Australia (X tons) were the main suppliers of dry peas imports to Bangladesh, with a combined 99% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +46.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Russia ($X) and Australia ($X) appeared to be the largest dry peas suppliers to Bangladesh, with a combined 99% share of total imports.

Russia, with a CAGR of +50.3%, recorded the highest growth rate of the value of imports, in terms of 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 2021, the average dry peas import price amounted to $X per ton, increasing by 31% against the previous year. In general, the import price, however, saw a noticeable setback. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :