Global Pulses Market 2024

Pulses Market Size

The global pulses market reached $X in 2022, increasing by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the global market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Pulses Production

In value terms, pulses production totaled $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, global production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

India (X tons) constituted the country with the largest volume of pulses production, comprising approx. X% of total volume. Moreover, pulses production in India exceeded the figures recorded by the second-largest producer, Russia (X tons), threefold. Canada (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in India stood at X%. The remaining producing countries recorded the following average annual rates of production growth: Russia (X% per year) and Canada (X% per year).

The global average pulses yield rose remarkably to X tons per ha in 2022, growing by X% against the year before. Over the period under review, the yield continues to indicate a modest increase. As a result, the yield reached the peak level and is likely to continue growth in the immediate term. 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 pulses production worldwide reduced modestly to X ha, with a decrease of X% on the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. The global harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Pulses Exports

Exports

In 2022, the amount of pulses exported worldwide expanded sharply to X tons, with an increase of X% on the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the global exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, pulses exports amounted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Canada (X tons), distantly followed by Australia (X tons), Russia (X tons), Myanmar (X tons) and Turkey (X tons) were the major exporters of pulses, together mixing up X% of total exports. The following exporters - the United States (X tons), India (X tons), Argentina (X tons), the United Arab Emirates (X tons), Mozambique (X tons), the UK (X tons) and Tanzania (X tons) - together made up X% of total exports.

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

In value terms, Canada ($X) remains the largest pulses supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Australia ($X), with an X% share of global exports. It was followed by Myanmar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Canada stood at X%. In the other countries, the average annual rates were as follows: Australia (X% per year) and Myanmar (X% per year).

Export Prices by Country

The average pulses export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 United States ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Pulses Imports

Imports

In 2022, overseas purchases of pulses decreased by X% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of X% 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 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of global imports remained at a somewhat lower figure.

In value terms, pulses imports reached $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons) and India (X tons) represented roughly X% of total imports in 2022. Bangladesh (X tons) held the next position in the ranking, followed by Turkey (X tons) and Pakistan (X tons). All these countries together held near X% share of total imports. The United Arab Emirates (X tons), the United States (X tons), Egypt (X tons), Italy (X tons), Ethiopia (X tons) and Norway (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ethiopia (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of global imports. Pakistan, the United Arab Emirates, the United States, Bangladesh, Egypt, Italy, Ethiopia and Norway lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Ethiopia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average pulses import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

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 the United States ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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