Lithuania: Cow Peas Market 2025

Cow Peas Market Size in Lithuania

In 2022, the Lithuanian cow peas market increased by 84% to $X, rising for the second year in a row after three years of decline. In general, consumption recorded significant growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Cow Peas Production in Lithuania

In value terms, cow peas production dropped markedly to $X in 2022 estimated in export price. In general, production, however, recorded a dramatic descent. The pace of growth was the most pronounced in 2015 with an increase of 217% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of cow peas (dry) in Lithuania amounted to less than X kg per ha in 2022, therefore, remained relatively stable against 2021. Over the period under review, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the cow peas harvested area in Lithuania stood at less than X ha, almost unchanged from 2021. Overall, the harvested area recorded a relatively flat trend pattern.

Cow Peas Exports

Exports from Lithuania

In 2022, approx. X tons of cow peas (dry) were exported from Lithuania; which is down by -85.6% against the year before. In general, exports saw a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 5,226% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, cow peas exports declined dramatically to $X in 2022. Overall, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 12,107%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Latvia (X tons) and Ireland (X kg) were the main destinations of cow peas exports from Lithuania, together comprising 99.9% of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +13.0%), while shipments for the other leaders experienced a decline.

In value terms, Latvia ($X), the UK ($X) and Ireland ($X) constituted the largest markets for cow peas exported from Lithuania worldwide, together accounting for 100% of total exports.

Among the main countries of destination, the UK, with a CAGR of +3.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average cow peas export price amounted to $X per ton, which is down by -16.7% against the previous year. In general, the export price, however, recorded a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 129%. As a result, the export price reached the peak level of $X per ton, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Ireland ($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 Austria (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into Lithuania

In 2022, supplies from abroad of cow peas (dry) decreased by -30% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 1,262%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, cow peas imports fell rapidly to $X in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 648% against the previous year. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, Uzbekistan (X tons) constituted the largest supplier of cow peas to Lithuania, with a 70% share of total imports. Moreover, cow peas imports from Uzbekistan exceeded the figures recorded by the second-largest supplier, Estonia (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from Uzbekistan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (0.0% per year) and Germany (+34.4% per year).

In value terms, Uzbekistan ($X) constituted the largest supplier of cow peas (dry) to Lithuania, comprising 56% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by Estonia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Uzbekistan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+29.9% per year) and Estonia (0.0% per year).

Import Prices by Country

In 2022, the average cow peas import price amounted to $X per ton, which is down by -23.2% against the previous year. In general, the import price showed a abrupt decline. The growth pace was the most rapid in 2019 when the average import price increased by 188% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Estonia ($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 Czech Republic (+89.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform