China: Chick Peas Market 2024

Chick Peas Market Size in China

The Chinese chick peas market soared to $X in 2022, picking up by 22% against the previous year. Overall, consumption recorded a buoyant expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Chick Peas Production in China

In value terms, chick peas production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 66%. Chick peas production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The average yield of chick peas in China dropped slightly to X tons per ha in 2022, flattening at the previous year. The yield figure increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the yield increased by 38%. Over the period under review, the average chick peas yield reached the peak level at X tons per ha in 2017; however, from 2018 to 2022, 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.

The chick peas harvested area in China expanded to X ha in 2022, picking up by 1.7% on the previous year's figure. Over the period under review, the harvested area, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 9% against the previous year. Over the period under review, the harvested area dedicated to chick peas production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Chick Peas Exports

Exports from China

In 2022, the amount of chick peas exported from China declined to X tons, which is down by -13.9% against the previous year's figure. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2016 with an increase of 90,224% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, chick peas exports surged to $X in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 91,004% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Thailand (X tons) was the main destination for chick peas exports from China, accounting for a 73% share of total exports. Moreover, chick peas exports to Thailand exceeded the volume sent to the second major destination, Canada (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Thailand totaled +28.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+39.6% per year) and Malaysia (+4.6% per year).

In value terms, Thailand ($X) remains the key foreign market for chick peas exports from China, comprising 70% of total exports. The second position in the ranking was taken by Canada ($X), with an 8.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Thailand amounted to +35.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+30.3% per year) and Malaysia (+7.7% per year).

Export Prices by Country

In 2022, the average chick peas export price amounted to $X per ton, rising by 35% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Canada ($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 Italy (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Chick Peas Imports

Imports into China

In 2022, the amount of chick peas imported into China skyrocketed to X tons, picking up by 70% against the year before. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 1,909%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, chick peas imports skyrocketed to $X in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 1,826% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest chick peas supplier to China, with a 80% share of total imports. Moreover, chick peas imports from India exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to +137.4%.

In value terms, India ($X) constituted the largest supplier of chick peas to China, comprising 80% of total imports. The second position in the ranking was taken by Turkey ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +133.8%.

Import Prices by Country

In 2022, the average chick peas import price amounted to $X per ton, increasing by 22% against the previous year. Overall, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 51%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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