EU: Green Peas Market 2025

Green Peas Market Size in the EU

After three years of growth, the EU green peas market decreased by -1.3% to $X in 2022. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021, and then shrank slightly in the following year.

Green Peas Production in the EU

In value terms, green peas production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 32%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

The country with the largest volume of green peas production was France (X tons), comprising approx. 31% of total volume. Moreover, green peas production in France exceeded the figures recorded by the second-largest producer, Spain (X tons), twofold. Hungary (X tons) ranked third in terms of total production with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in France stood at +1.1%. The remaining producing countries recorded the following average annual rates of production growth: Spain (+5.0% per year) and Hungary (-0.4% per year).

In 2022, the average yield of peas (green) in the European Union declined slightly to X tons per ha, with a decrease of -2.6% on 2021 figures. Overall, the yield saw a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3.6% against the previous year. The level of yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of peas (green) production in the European Union stood at X ha, almost unchanged from the previous year's figure. The harvested area increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 11% against the previous year. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Green Peas Exports

Exports in the EU

In 2022, shipments abroad of peas (green) decreased by -25.1% to X tons for the first time since 2016, thus ending a five-year rising trend. Total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by 25%. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank markedly in the following year.

In value terms, green peas exports shrank significantly to $X in 2022. Total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, the exports attained the peak of $X, and then dropped dramatically in the following year.

Exports by Country

France was the major exporter of peas (green) in the European Union, with the volume of exports recording X tons, which was near 43% of total exports in 2022. The Netherlands (X tons) ranks second in terms of the total exports with a 13% share, followed by Poland (8.1%), Slovakia (7%), Romania (6.9%) and Germany (5.1%). Latvia (X tons) took a relatively small share of total exports.

Exports from France increased at an average annual rate of +1.2% from 2012 to 2022. At the same time, Latvia (+75.4%), Slovakia (+33.4%) and Poland (+29.9%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +75.4% from 2012-2022. By contrast, Romania (-1.3%), the Netherlands (-2.0%) and Germany (-6.2%) illustrated a downward trend over the same period. While the share of Poland (+7.4 p.p.), Slovakia (+6.6 p.p.) and Latvia (+3.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Romania (-2.2 p.p.), the Netherlands (-5.1 p.p.) and Germany (-5.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest green peas supplier in the European Union, comprising 45% of total exports. The second position in the ranking was held by France ($X), with an 18% share of total exports. It was followed by Germany, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled +3.7%. The remaining exporting countries recorded the following average annual rates of exports growth: France (+0.6% per year) and Germany (-4.0% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded modest growth. The most prominent rate of growth was recorded in 2013 when the export price increased by 20% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.9%), while the other leaders experienced more modest paces of growth.

Green Peas Imports

Imports in the EU

In 2022, after two years of growth, there was significant decline in purchases abroad of peas (green), when their volume decreased by -25.1% to X tons. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 21% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then declined significantly in the following year.

In value terms, green peas imports reduced notably to $X in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 21%. The level of import peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

Belgium was the major importer of peas (green) in the European Union, with the volume of imports reaching X tons, which was near 54% of total imports in 2022. The Netherlands (X tons) held a 17% share (based on physical terms) of total imports, which put it in second place, followed by Spain (8.8%). Germany (X tons), France (X tons), Italy (X tons), Hungary (X tons) and Denmark (X tons) held a little share of total imports.

Belgium experienced a relatively flat trend pattern with regard to volume of imports of peas (green). At the same time, Hungary (+65.7%), Spain (+22.8%), Italy (+7.2%) and Germany (+3.5%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of +65.7% from 2012-2022. Denmark experienced a relatively flat trend pattern. By contrast, France (-4.7%) and the Netherlands (-4.8%) illustrated a downward trend over the same period. While the share of Spain (+7.6 p.p.), Hungary (+2.2 p.p.), Belgium (+1.8 p.p.) and Italy (+1.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of France (-2.2 p.p.) and the Netherlands (-11.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest green peas importing markets in the European Union were the Netherlands ($X), Belgium ($X) and Germany ($X), together accounting for 67% of total imports. France, Denmark, Spain, Italy and Hungary lagged somewhat behind, together accounting for a further 21%.

Hungary, with a CAGR of +42.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, rising by 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2018 when the import price increased by 14%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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