Report Update Nov 1, 2024

Russian Federation - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Cow Peas Market 2024

Cow Peas Market Size in the Russian Federation

The Russian cow peas market skyrocketed to $X in 2022, rising by 24% 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). Over the period under review, consumption posted a resilient increase. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Cow Peas Exports

Exports from the Russian Federation

In 2022, approx. X tons of cow peas (dry) were exported from Russia; remaining stable against the previous year. In general, exports saw a notable increase. The pace of growth appeared the most rapid in 2020 when exports increased by 128% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, cow peas exports fell to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 124% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ukraine (X tons) was the main destination for cow peas exports from Russia, accounting for a 98% share of total exports. It was followed by Kazakhstan (X kg), with a 1.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine totaled +19.8%.

In value terms, Ukraine ($X) remains the key foreign market for cow peas (dry) exports from Russia, comprising 98% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Ukraine stood at +13.8%.

Export Prices by Country

In 2022, the average cow peas export price amounted to $X per ton, which is down by -6% against the previous year. In general, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Ukraine stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+23.2%), while the prices for the other major destinations experienced mixed trend patterns.

Cow Peas Imports

Imports into the Russian Federation

In 2022, approx. X tons of cow peas (dry) were imported into Russia; jumping by 23% on the previous year. Over the period under review, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2015 when imports increased by 104%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, cow peas imports surged to $X in 2022. In general, imports enjoyed a strong expansion. The growth pace was the most rapid in 2015 with an increase of 129%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Kyrgyzstan (X tons) was the main supplier of cow peas to Russia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kyrgyzstan stood at +28.2%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from Kyrgyzstan stood at +28.1%.

Import Prices by Country

The average cow peas import price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, saw a mild descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 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 Kyrgyzstan.

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to -0.1% per year.

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 2021 were Nigeria, Niger and Burkina Faso, with a combined 74% share of global consumption. These countries were followed by Kenya, Mali, Ghana, Senegal, Cameroon, Sudan and the United States, which together accounted 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 2021 were Nigeria, Niger and Burkina Faso, with a combined 74% share of global production. Kenya, the United States, Mali, Ghana, Canada, Senegal, Cameroon and Sudan lagged somewhat behind, together accounting for a further 17%.

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

In value terms, Kyrgyzstan constituted the largest supplier of cow peas to Russia, comprising 91% of total imports. The second position in the ranking was occupied by Peru, with a 5.4% share of total imports.

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

In value terms, Ukraine remains the key foreign market for cow peas exports from Russia, comprising 86% of total exports. The second position in the ranking was occupied by Kazakhstan, with an 8.2% share of total exports. It was followed by Belarus, with a 3.1% share.

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

In 2021, the average cow peas export price amounted to $1,475 per ton, increasing by 16% against the previous year.

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

The average cow peas import price stood at $1,096 per ton in 2021, which is down by -1.8% against the previous year.

This report provides an in-depth analysis of the cow peas market in the Russian Federation. 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:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
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