Iran: Cow Peas Market 2025

Cow Peas Market Size in Iran

The Iranian cow peas market shrank rapidly to $X in 2022, which is down by -40.9% 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). In general, consumption recorded a deep downturn. Cow peas consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cow Peas Exports

Exports from Iran

After two years of growth, overseas shipments of cow peas (dry) decreased by -12.1% to X tons in 2022. Over the period under review, exports showed a perceptible slump. The pace of growth was the most pronounced in 2020 when exports increased by 825%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cow peas exports declined significantly to $X in 2022. Overall, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 657% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for cow peas exports from Iran, accounting for a 91% share of total exports. It was followed by Germany (X tons), with a 2.3% share of total exports. The third position in this ranking was held by Canada (X tons), with a 1.5% share.

From 2012 to 2022, the average annual growth rate of volume to India amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+8.5% per year) and Canada (+9.1% per year).

In value terms, India ($X) remains the key foreign market for cow peas (dry) exports from Iran, comprising 87% of total exports. The second position in the ranking was taken by Canada ($X), with a 3% share of total exports. It was followed by Germany, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+3.3% per year) and Germany (+10.4% per year).

Export Prices by Country

The average cow peas export price stood at $X per ton in 2022, falling by -4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into Iran

In 2022, supplies from abroad of cow peas (dry) decreased by -40% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 400% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cow peas imports reduced remarkably to $X in 2022. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 379%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Uzbekistan (X tons) was the main supplier of cow peas to Iran, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Uzbekistan totaled +54.6%.

In value terms, Uzbekistan ($X) constituted the largest supplier of cow peas (dry) to Iran.

From 2012 to 2022, the average annual growth rate of value from Uzbekistan stood at +58.8%.

Import Prices by Country

In 2022, the average cow peas import price amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2016 an increase of 12%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Uzbekistan.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +12.4% per year.

Source: IndexBox Platform

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