Canada: Dry Peas Market 2025

Dry Peas Market Size in Canada

In 2021, the Canadian dry peas market increased by 94% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Dry Peas Production in Canada

In value terms, dry peas production reduced to $X in 2021 estimated in export price. Overall, production continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by 51% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

In 2021, the average dry peas yield in Canada dropped modestly to X tons per ha, falling by -4.6% against the previous year. The yield figure increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the yield increased by 35% against the previous year. The dry peas yield peaked at X tons per ha in 2013; however, from 2014 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of peas (dry) in Canada amounted to X ha, approximately mirroring the previous year. The harvested area increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 20%. Over the period under review, the harvested area dedicated to dry peas production reached the peak figure at X ha in 2019; afterwards, it flattened through to 2021.

Dry Peas Exports

Exports from Canada

In 2021, after two years of growth, there was significant decline in shipments abroad of peas (dry), when their volume decreased by -27.6% to X tons. Over the period under review, total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 47%. The exports peaked at X tons in 2020, and then reduced dramatically in the following year.

In value terms, dry peas exports shrank modestly to $X in 2021. The total export value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 47% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for dry peas exports from Canada, with a 65% share of total exports. Moreover, dry peas exports to China exceeded the volume sent to the second major destination, Bangladesh (X tons), sixfold. The third position in this ranking was taken by the United States (X tons), with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+7.0% per year) and the United States (+19.1% per year).

In value terms, China ($X) remains the key foreign market for dry peas exports from Canada, comprising 59% of total exports. The second position in the ranking was held by the United States ($X), with an 11% share of total exports. It was followed by Bangladesh, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+15.9% per year) and Bangladesh (+5.0% per year).

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per ton, growing by 32% against the previous year. In general, the export price, however, recorded a mild descent. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to Bangladesh ($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 India (+5.9%), while the prices for the other major destinations experienced a decline.

Dry Peas Imports

Imports into Canada

In 2021, purchases abroad of peas (dry) decreased by -41.3% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 241% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then dropped markedly in the following year.

In value terms, dry peas imports fell remarkably to $X in 2021. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by 148%. Over the period under review, imports reached the peak figure at $X in 2020, and then fell markedly in the following year.

Imports by Country

In 2021, the United States (X tons) was the main supplier of dry peas to Canada, with a 97% share of total imports. It was followed by India (X tons), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+64.6% per year) and Australia (-36.9% per year).

In value terms, the United States ($X) constituted the largest supplier of dry peas to Canada, comprising 91% of total imports. The second position in the ranking was taken by India ($X), with a 5.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+69.5% per year) and Australia (-37.4% per year).

Import Prices by Country

The average dry peas import price stood at $X per ton in 2021, jumping by 29% against the previous year. In general, the import price, however, saw a abrupt downturn. 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.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for the United States ($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 (+3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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