Uruguay: Dry Peas Market 2025

Dry Peas Market Size in Uruguay

The Uruguayan dry peas market rose to $X in 2021, with an increase of 2.7% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible decline. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Dry Peas Production in Uruguay

In value terms, dry peas production reduced modestly to $X in 2021 estimated in export price. In general, production saw a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by 14% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

The average yield of peas (dry) in Uruguay declined to X tons per ha in 2021, remaining constant against the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 1.9% against the previous year. The dry peas yield peaked at X tons per ha in 2013; however, from 2014 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of peas (dry) in Uruguay amounted to X ha, standing approx. at the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the harvested area increased by 1.1%. As a result, the harvested area attained the peak level of X ha; afterwards, it flattened through to 2021.

Dry Peas Exports

Exports from Uruguay

In 2021, the amount of peas (dry) exported from Uruguay fell remarkably to X tons, with a decrease of -50.8% on the year before. In general, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by 709% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020, and then fell significantly in the following year.

In value terms, dry peas exports shrank significantly to $X in 2021. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 353%. The exports peaked at $X in 2020, and then declined significantly in the following year.

Exports by Country

Gambia (X tons) was the main destination for dry peas exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Gambia was relatively modest.

In value terms, Gambia ($X) emerged as the key foreign market for dry peas exports from Uruguay.

From 2012 to 2021, the average annual growth rate of value to Gambia was relatively modest.

Export Prices by Country

The average dry peas export price stood at $X per ton in 2021, growing by 21% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Gambia.

From 2012 to 2021, the rate of growth in terms of prices for Senegal amounted to +25.2% per year.

Dry Peas Imports

Imports into Uruguay

For the third consecutive year, Uruguay recorded growth in overseas purchases of peas (dry), which increased by 19% to X tons in 2021. Overall, imports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2019 when imports increased by 223% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, dry peas imports stood at $X in 2021. Over the period under review, imports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 259% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Canada (X tons), Argentina (X tons) and New Zealand (X tons) were the main suppliers of dry peas imports to Uruguay, with a combined 96% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +2.6%), while imports for the other leaders experienced a decline.

In value terms, the largest dry peas suppliers to Uruguay were Canada ($X), New Zealand ($X) and the United States ($X), together accounting for 80% of total imports.

Canada, with a CAGR of +3.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average dry peas import price amounted to $X per ton, shrinking by -3.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 36%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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