Belgium: Cow Peas Market 2025

Cow Peas Market Size in Belgium

In 2022, the Belgian cow peas market decreased by -35.6% to $X, falling for the second consecutive year after two years of growth. Overall, consumption continues to indicate a abrupt downturn. Cow peas consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Cow Peas Exports

Exports from Belgium

In 2022, overseas shipments of cow peas (dry) decreased by -93.2% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports recorded a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 282%. The exports peaked at X tons in 2021, and then shrank rapidly in the following year.

In value terms, cow peas exports shrank notably to $X in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 390% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted significantly in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for cow peas exports from Belgium, with a 75% share of total exports. Moreover, cow peas exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), eightfold. The third position in this ranking was taken by Luxembourg (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled -15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-11.7% per year) and Luxembourg (-1.7% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for cow peas (dry) exports from Belgium, comprising 54% of total exports. The second position in the ranking was held by Germany ($X), with a 21% share of total exports. It was followed by Luxembourg, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands amounted to -16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.2% per year) and Luxembourg (+3.2% per year).

Export Prices by Country

In 2022, the average cow peas export price amounted to $X per ton, declining by -8.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 57%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($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 Luxembourg (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into Belgium

After three years of growth, purchases abroad of cow peas (dry) decreased by -83.9% to X tons in 2022. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 165% against the previous year. Imports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, cow peas imports plummeted to $X in 2022. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 195%. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest cow peas supplier to Belgium, accounting for a 58% share of total imports. Moreover, cow peas imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. Brazil (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.1% per year) and Brazil (+232.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of cow peas (dry) to Belgium, comprising 48% of total imports. The second position in the ranking was taken by France ($X), with a 14% share of total imports. It was followed by Brazil, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.9% per year) and Brazil (+212.2% per year).

Import Prices by Country

The average cow peas import price stood at $X per ton in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :