Report Update Nov 1, 2024

India - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights

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India: Cow Peas Market 2024

Cow Peas Market Size in India

The Indian cow peas market soared to $X in 2021, picking up by 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted significant growth. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Cow Peas Exports

Exports from India

In 2021, approx. X tons of cow peas (dry) were exported from India; with an increase of 316% against 2020. Overall, exports recorded significant growth. The growth pace was the most rapid in 2018 with an increase of 640%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, cow peas exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 559% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

China (X tons) was the main destination for cow peas exports from India, accounting for a 83% share of total exports. It was followed by Qatar (X tons), with a 2.3% share of total exports. The third position in this ranking was held by the United Arab Emirates (X tons), with a 2.3% share.

From 2013 to 2021, the average annual rate of growth in terms of volume to China totaled +11,258.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+464.4% per year) and the United Arab Emirates (+47.7% per year).

In value terms, China ($X) remains the key foreign market for cow peas exports from India, comprising 81% of total exports. The second position in the ranking was held by Qatar ($X), with a 2.6% share of total exports. It was followed by the United Arab Emirates, with a 2.6% share.

From 2013 to 2021, the average annual growth rate of value to China totaled +9,012.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+509.4% per year) and the United Arab Emirates (+46.1% per year).

Export Prices by Country

The average cow peas export price stood at $X per ton in 2021, which is down by -3.5% against the previous year. Overall, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 24%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into India

In 2021, approx. X tons of cow peas (dry) were imported into India; with an increase of 16% compared with the previous year. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 513%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, cow peas imports soared to $X in 2021. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 505%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Brazil (X tons) constituted the largest cow peas supplier to India, with a 68% share of total imports. Moreover, cow peas imports from Brazil exceeded the figures recorded by the second-largest supplier, Madagascar (X tons), fourfold. Mozambique (X tons) ranked third in terms of total imports with a 7.1% share.

From 2013 to 2021, the average annual growth rate of volume from Brazil totaled +50.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Madagascar (+13.5% per year) and Mozambique (+46.1% per year).

In value terms, Brazil ($X) constituted the largest supplier of cow peas to India, comprising 70% of total imports. The second position in the ranking was held by Madagascar ($X), with a 19% share of total imports. It was followed by Mozambique, with a 5.1% share.

From 2013 to 2021, the average annual growth rate of value from Brazil amounted to +54.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Madagascar (+17.9% per year) and Mozambique (+50.5% per year).

Import Prices by Country

The average cow peas import price stood at $X per ton in 2021, growing by 43% against the previous year. Over the last eight years, it increased at an average annual rate of +3.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Madagascar ($X per ton) and Brazil ($X per ton), while the price for Malawi ($X per ton) and Mozambique ($X per ton) were amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cow peas (dry) in the world?

The countries with the highest volumes of cow peas consumption in 2020 were Nigeria, Niger and Burkina Faso, together accounting for 77% of global consumption. Kenya, Ghana, Senegal, Mali, Cameroon, Sudan and Tanzania lagged somewhat behind, together accounting for a further 15%.

What are the largest producers of cow peas (dry) in the world?

The countries with the highest volumes of cow peas production in 2020 were Nigeria, Niger and Burkina Faso, together comprising 78% of global production. These countries were followed by Kenya, Ghana, Senegal, Mali, Cameroon, Sudan and Tanzania, which together accounted for a further 15%.

What are the leading suppliers of cow peas (dry) to India?

In value terms, Brazil constituted the largest supplier of cow peas to India, comprising 69% of total imports. The second position in the ranking was occupied by Madagascar, with a 13% share of total imports. It was followed by Myanmar, with a 7.7% share.

What are the leading importers of cow peas (dry) from India?

In value terms, China, Sri Lanka and the United Arab Emirates appeared to be the largest markets for cow peas exported from India worldwide, together comprising 53% of total exports.

What is the average export price for cow peas (dry) in India?

The average cow peas export price stood at $999 per ton in 2020, with an increase of 7.1% against the previous year.

What is the average import price for cow peas (dry) in India?

The average cow peas import price stood at $632 per ton in 2020, picking up by 9.6% against the previous year.

This report provides an in-depth analysis of the cow peas market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 195 - Cow peas, dry

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023