Europe: Cow Peas Market 2025

Cow Peas Market Size in Europe

The Europe cow peas market fell modestly to $X in 2022, with a decrease of -4.7% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Cow Peas Production in Europe

In value terms, cow peas production rose to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced downturn. The growth pace was the most rapid in 2014 with an increase of 421%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

The country with the largest volume of cow peas production was the UK (X tons), comprising approx. 49% of total volume. Moreover, cow peas production in the UK exceeded the figures recorded by the second-largest producer, Serbia (X tons), twofold. The third position in this ranking was taken by North Macedonia (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in the UK was relatively modest. In the other countries, the average annual rates were as follows: Serbia (+1.9% per year) and North Macedonia (+0.0% per year).

The average cow peas yield contracted to X tons per ha in 2022, with a decrease of -9.3% compared with 2021 figures. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 50% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the cow peas 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 cow peas harvested area stood at X ha in 2022, leveling off at the year before. In general, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 12%. As a result, the harvested area attained the peak level of X ha. From 2017 to 2022, the growth of the cow peas harvested area failed to regain momentum.

Cow Peas Exports

Exports in Europe

In 2022, cow peas exports in Europe shrank remarkably to X tons, waning by -45.5% on the year before. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of 167% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, cow peas exports dropped sharply to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 57% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Latvia (X tons) and the UK (X tons) represented the largest exporters of cow peas (dry) in 2022, amounting to near 25% and 25% of total exports, respectively. Spain (X tons) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by France (7.5%), Germany (6.8%) and the Netherlands (5.5%). Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +62.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Spain ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, with a combined 48% share of total exports. France, Germany, Latvia and Poland lagged somewhat behind, together accounting for a further 32%.

In terms of the main exporting countries, Latvia, with a CAGR of +27.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, surging by 28% against the previous year. Export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cow peas export price increased by +82.5% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 71% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Latvia ($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 UK (+10.8%), while the other leaders experienced mixed trends in the export price figures.

Cow Peas Imports

Imports in Europe

In 2022, purchases abroad of cow peas (dry) decreased by -28.9% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 31%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, cow peas imports dropped to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 43% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons), Italy (X tons), France (X tons), Germany (X tons), Greece (X tons), Spain (X tons), Russia (X tons), the Netherlands (X tons), Hungary (X tons), Belgium (X tons), Austria (X tons) and Portugal (X tons) represented the largest importer of cow peas (dry) in Europe, making up 87% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Russia (with a CAGR of +10.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2022, with a combined 41% share of total imports. France, Spain, Greece, the Netherlands, Russia, Austria, Hungary, Belgium and Portugal lagged somewhat behind, together accounting for a further 46%.

Among the main importing countries, Austria, with a CAGR of +12.4%, saw the highest growth rate of the value of imports, 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 Europe amounted to $X per ton, picking up by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform