U.S.: Cow Peas Market 2025

Cow Peas Market Size in the U.S.

The U.S. cow peas market fell markedly to $X in 2022, which is down by -20.2% against the previous year. In general, consumption, however, saw strong growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cow Peas Production in the U.S.

In value terms, cow peas production expanded sharply to $X in 2022. In general, production showed a noticeable setback. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. Cow peas production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of cow peas (dry) in the United States fell sharply to X tons per ha in 2022, which is down by -53.4% against the previous year. Over the period under review, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 110%. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the average cow 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.

The cow peas harvested area in the United States surged to X ha in 2022, jumping by 23% on the previous year. Overall, the harvested area, however, recorded a deep contraction. The growth pace was the most rapid in 2020 when the harvested area increased by 41% against the previous year. Over the period under review, the harvested area dedicated to cow peas production reached the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Cow Peas Exports

Exports from the U.S.

Cow peas exports from the United States dropped notably to X tons in 2022, waning by -24.2% against 2021 figures. Overall, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of 15%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cow peas exports declined to $X in 2022. Over the period under review, exports showed a perceptible curtailment. The growth pace was the most rapid in 2019 when exports increased by 9%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Dominican Republic (X tons), Mexico (X tons) and Canada (X tons) were the main destinations of cow peas exports from the United States, with a combined 57% share of total exports. Costa Rica, Haiti, Guatemala, Japan, the UK, El Salvador, Australia, China and France lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of +52.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cow peas exported from the United States were the Dominican Republic ($X), Mexico ($X) and Canada ($X), together accounting for 58% of total exports. Costa Rica, Haiti, Japan, Guatemala, Australia, the UK, El Salvador, China and France lagged somewhat behind, together accounting for a further 28%.

Costa Rica, with a CAGR of +60.1%, 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 more modest paces of growth.

Export Prices by Country

The average cow peas export price stood at $X per ton in 2022, increasing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 17%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to China ($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 France (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cow Peas Imports

Imports into the U.S.

In 2022, approx. X tons of cow peas (dry) were imported into the United States; surging by 5.7% on 2021. Over the period under review, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.3% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 54% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cow peas imports rose markedly to $X in 2022. Overall, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.3% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 80%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of cow peas to the United States, accounting for a 72% share of total imports. Moreover, cow peas imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (X tons), fivefold. The third position in this ranking was held by Peru (X tons), with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume from Canada totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+6.3% per year) and Peru (-0.1% per year).

In value terms, Canada ($X) constituted the largest supplier of cow peas (dry) to the United States, comprising 66% of total imports. The second position in the ranking was taken by Mexico ($X), with a 14% share of total imports. It was followed by Peru, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+2.3% per year) and Peru (+1.0% per year).

Import Prices by Country

The average cow peas import price stood at $X per ton in 2022, picking up by 5.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; afterwards, it flattened through to 2022.

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 Peru ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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