Report Update Nov 1, 2024

Benelux - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights

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Benelux: Cow Peas Market 2024

Cow Peas Market Size in Benelux

The Benelux cow peas market soared to $X in 2021, with an increase of 200% against the previous year. Over the period under review, consumption saw significant growth. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Cow Peas Production in Benelux

In value terms, cow peas production declined rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 1,398%. As a result, production reached the peak level of $X, and then shrank notably in the following year.

Belgium (X tons) remains the largest cow peas producing country in Benelux, comprising approx. 91% of total volume. Moreover, cow peas production in Belgium exceeded the figures recorded by the second-largest producer, Luxembourg (X tons), tenfold.

In Belgium, cow peas production increased at an average annual rate of +26.1% over the period from 2012-2021.

Cow Peas Exports

Exports in Benelux

In 2021, overseas shipments of cow peas (dry) increased by 8.1% to X tons, rising for the third year in a row after two years of decline. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 3,467% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, cow peas exports soared to $X in 2021. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 4,176%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

In 2021, the Netherlands (X tons) was the main exporter of cow peas (dry), constituting 71% of total exports. It was distantly followed by Belgium (X tons), mixing up a 29% share of total exports.

Exports from the Netherlands increased at an average annual rate of +23.5% from 2012 to 2021. At the same time, Belgium (+52.0%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +52.0% from 2012-2021. From 2012 to 2021, the share of the Netherlands increased by +71 percentage points.

In value terms, the Netherlands ($X) remains the largest cow peas supplier in Benelux, comprising 91% of total exports. The second position in the ranking was held by Belgium ($X), with an 8.8% share of total exports.

In the Netherlands, cow peas exports expanded at an average annual rate of +27.7% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, increasing by 86% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.4%).

Cow Peas Imports

Imports in Benelux

In 2021, approx. X tons of cow peas (dry) were imported in Benelux; picking up by 78% on the previous year's figure. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 287%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, cow peas imports surged to $X in 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 295% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

The Netherlands dominates imports structure, finishing at X tons, which was approx. 92% of total imports in 2021. It was distantly followed by Belgium (X tons), achieving a 7.5% share of total imports.

The Netherlands was also the fastest-growing in terms of the cow peas (dry) imports, with a CAGR of +57.9% from 2012 to 2021. At the same time, Belgium (+8.7%) displayed positive paces of growth. The Netherlands (+63 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -62.3% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported cow peas (dry) in Benelux, comprising 92% of total imports. The second position in the ranking was taken by Belgium ($X), with a 7.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands totaled +62.1%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, with an increase of 25% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2020 when the import price increased by 26%. The level of import peaked in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%).

Source: IndexBox Platform

This report provides an in-depth analysis of the cow peas market in Benelux. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 195 - Cow peas, dry

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Benelux, split by region and country
Trade (exports and imports) in Benelux
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Belgium
- Luxembourg
- Netherlands
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Harvested Area, By Country, 2012-2023
7. Yield, By Country, 2012-2023
8. Imports, In Physical Terms, By Country, 2012–2023
9. Imports, In Value Terms, By Country, 2012–2023
10. Import Prices, By Country Of Destination, 2012–2023
11. Exports, In Physical Terms, By Country, 2012–2023
12. Exports, In Value Terms, By Country, 2012–2023
13. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2023
19. Production, In Value Terms, 2012–2023
20. Area Harvested, 2012–2023
21. Yield, 2012–2023
22. Production, By Country, 2023
23. Production, In Physical Terms, By Country, 2012–2023
24. Harvested Area, By Country, 2023
25. Harvested Area, By Country, 2012-2023
26. Yield, By Country, 2012-2023
27. Imports, In Physical Terms, 2012–2023
28. Imports, In Value Terms, 2012–2023
29. Imports, In Physical Terms, By Country, 2023
30. Imports, In Physical Terms, By Country, 2012–2023
31. Imports, In Value Terms, By Country, 2012–2023
32. Import Prices, By Country, 2012–2023
33. Exports, In Physical Terms, 2012–2023
34. Exports, In Value Terms, 2012–2023
35. Exports, In Physical Terms, By Country, 2023
36. Exports, In Physical Terms, By Country, 2012–2023
37. Exports, In Value Terms, By Country, 2012–2023
38. Export Prices, 2012–2023