Mexico: Dry Peas Market 2025

Dry Peas Market Size in Mexico

In 2021, the Mexican dry peas market increased by 5% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Dry Peas Production in Mexico

In value terms, dry peas production shrank to $X in 2021 estimated in export price. In general, production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of 73% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

In 2021, the average dry peas yield in Mexico declined modestly to X tons per ha, approximately equating the year before. The yield figure increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the yield increased by 11%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2021, the growth of the average dry peas yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of peas (dry) were harvested in Mexico; waning by -4.7% against the previous year's figure. In general, the harvested area showed a deep setback. The pace of growth was the most pronounced in 2014 with an increase of 20% against the previous year. Over the period under review, the harvested area dedicated to dry peas production reached the peak figure at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.

Dry Peas Exports

Exports from Mexico

In 2021, overseas shipments of peas (dry) increased by 17% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt slump. The growth pace was the most rapid in 2018 with an increase of 1,144% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, dry peas exports soared to $X in 2021. In general, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 1,180% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Azerbaijan (X tons) and Guyana (X tons) were the main destinations of dry peas exports from Mexico, with a combined 84% share of total exports. These countries were followed by the United States and Guatemala, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were in Guatemala (with a CAGR of +39.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for dry peas exported from Mexico were Italy ($X), Azerbaijan ($X) and the United States ($X), with a combined 80% share of total exports. These countries were followed by Guatemala and Guyana, which together accounted for a further 19%.

Guatemala, with a CAGR of +11.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per ton, surging by 12% against the previous year. Over the period under review, the export price, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2015 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Guyana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+5.2%), while the prices for the other major destinations experienced a decline.

Dry Peas Imports

Imports into Mexico

In 2021, overseas purchases of peas (dry) increased by 5.3% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +31.5% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 54% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, dry peas imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 36% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of dry peas to Mexico, with a 82% share of total imports. Moreover, dry peas imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +10.5%.

In value terms, the United States ($X) constituted the largest supplier of dry peas to Mexico, comprising 86% of total imports. The second position in the ranking was held by Canada ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +8.7%.

Import Prices by Country

In 2021, the average dry peas import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+0.9%).

Source: IndexBox Platform

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