South Africa: Cow Peas Market 2024

Cow Peas Market Size in South Africa

The South African cow peas market reduced remarkably to $X in 2021, with a decrease of -29.5% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Cow Peas Production in South Africa

In value terms, cow peas production fell to $X in 2021 estimated in export price. In general, production, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2014 with an increase of 56%. Cow peas production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

In 2021, the average cow peas yield in South Africa totaled X kg per ha, almost unchanged from 2020. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by 0.7%. The cow peas yield peaked at X kg per ha in 2015; however, from 2016 to 2021, the yield stood at a somewhat 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 cow peas (dry) were harvested in South Africa; approximately equating 2020. In general, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 1.2% against the previous year. The cow peas harvested area peaked at X ha in 2013; however, from 2014 to 2021, the harvested area stood at a somewhat lower figure.

Cow Peas Exports

Exports from South Africa

Cow peas exports from South Africa soared to X tons in 2021, surging by 33% compared with 2020. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 546% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cow peas exports skyrocketed to $X in 2021. In general, exports showed prominent growth. The growth pace was the most rapid in 2019 when exports increased by 299% against the previous year. As a result, the exports attained the peak of $X; afterwards, it flattened through to 2021.

Exports by Country

Mozambique (X tons), Botswana (X tons) and Lesotho (X tons) were the main destinations of cow peas exports from South Africa, with a combined 91% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mozambique (with a CAGR of +58.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cow peas exported from South Africa were Mozambique ($X), Botswana ($X) and Lesotho ($X), with a combined 90% share of total exports.

In terms of the main countries of destination, Mozambique, with a CAGR of +73.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cow peas export price amounted to $X per ton, rising by 20% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 56%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Lesotho ($X per ton), while the average price for exports to Mozambique ($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 Italy (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into South Africa

In 2021, purchases abroad of cow peas (dry) decreased by -57.5% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 21,803% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then shrank significantly in the following year.

In value terms, cow peas imports reduced remarkably to $X in 2021. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 27,614%. Over the period under review, imports attained the peak figure at $X in 2020, and then dropped notably in the following year.

Imports by Country

In 2021, Malawi (X tons) constituted the largest cow peas supplier to South Africa, accounting for a 60% share of total imports. Moreover, cow peas imports from Malawi exceeded the figures recorded by the second-largest supplier, Botswana (X tons), fourfold. Zambia (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malawi totaled +43.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Botswana (+59.1% per year) and Zambia (+16.7% per year).

In value terms, Malawi ($X), Botswana ($X) and Madagascar ($X) constituted the largest cow peas suppliers to South Africa, with a combined 76% share of total imports.

Among the main suppliers, Botswana, with a CAGR of +58.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cow peas import price amounted to $X per ton, shrinking by -17% against the previous year. Overall, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 69% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Madagascar ($X per ton), while the price for Malawi ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zimbabwe (+78.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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