Croatia: Cow Peas Market 2024

Cow Peas Market Size in Croatia

The Croatian cow peas market rose remarkably to $X in 2021, surging by 6.4% against the previous year. Over the period under review, consumption, however, recorded buoyant growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Cow Peas Production in Croatia

In value terms, cow peas production amounted to $X in 2021 estimated in export price. In general, production, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 52%. Cow peas production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of cow peas (dry) in Croatia contracted slightly to X tons per ha, which is down by -3.4% on the year before. Overall, the yield indicated a moderate increase from 2012 to 2021: its figure increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cow peas yield increased by +152.0% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 109%. Over the period under review, the average cow peas yield hit record highs at X tons per ha in 2020, and then declined in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of cow peas (dry) production in Croatia declined to X ha, which is down by -4.9% compared with the year before. Overall, the harvested area, however, posted a pronounced increase. The growth pace was the most rapid in 2016 when the harvested area increased by 157%. As a result, the harvested area reached the peak level of X ha. From 2017 to 2021, the growth of the cow peas harvested area remained at a lower figure.

Cow Peas Exports

Exports from Croatia

Cow peas exports from Croatia stood at X tons in 2021, flattening at 2020 figures. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 with an increase of 100% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, cow peas exports stood at $X in 2021. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 99%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Turkey (X tons) was the main destination for cow peas exports from Croatia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Turkey was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

The average cow peas export price stood at $X per ton in 2021, remaining stable against the previous year. In general, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 when the average export price decreased by -0.7% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -0.7% per year.

Cow Peas Imports

Imports into Croatia

In 2021, the amount of cow peas (dry) imported into Croatia soared to X tons, jumping by 642% against the previous year's figure. Over the period under review, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 2,224%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, cow peas imports surged to $X in 2021. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,022%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Madagascar (X tons) constituted the largest supplier of cow peas to Croatia, with a 80% share of total imports. Moreover, cow peas imports from Madagascar exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Madagascar was relatively modest.

In value terms, Madagascar ($X) constituted the largest supplier of cow peas to Croatia, comprising 81% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Madagascar was relatively modest.

Import Prices by Country

The average cow peas import price stood at $X per ton in 2021, picking up by 20% against the previous year. In general, the import price recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 14,009%. The import price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Madagascar ($X per ton), while the price for the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.4%).

Source: IndexBox Platform

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