Global Dry Peas Market 2025

Dry Peas Market Size

The global dry peas market totaled $X in 2021, rising by 6.2% against the previous year. The market value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Dry Peas Production

In value terms, dry peas production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 42%. As a result, production reached the peak level of $X. From 2018 to 2021, global production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2021 were Canada (X tons), Russia (X tons) and China (X tons), together comprising 58% of global production. These countries were followed by the United States, India, France, Ukraine, Ethiopia, Lithuania and Germany, which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Lithuania (with a CAGR of +22.5%), while production for the other global leaders experienced more modest paces of growth.

In 2021, the global average yield of peas (dry) contracted modestly to X tons per ha, dropping by -1.7% compared with 2020 figures. The yield figure increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 15% against the previous year. The global yield peaked at X tons per ha in 2020, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of peas (dry) production worldwide declined to X ha, standing approx. at 2020 figures. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 8.9%. Over the period under review, the harvested area dedicated to dry peas production reached the peak figure at X ha in 2017; however, from 2018 to 2021, the harvested area remained at a lower figure.

Dry Peas Exports

Exports

In 2021, approx. X tons of peas (dry) were exported worldwide; waning by -9.1% compared with the year before. The total export volume increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by 20% against the previous year. Over the period under review, the global exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, dry peas exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by 19%. Over the period under review, the global exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Canada was the main exporter of peas (dry) in the world, with the volume of exports amounting to X tons, which was approx. 46% of total exports in 2021. Russia (X tons) ranks second in terms of the total exports with a 20% share, followed by the United States (6.3%) and Ukraine (5.2%). France (X tons), Australia (X tons), Turkey (X tons), Belgium (X tons) and Lithuania (X tons) followed a long way behind the leaders.

Exports from Canada increased at an average annual rate of +4.1% from 2012 to 2021. At the same time, Belgium (+26.2%), Turkey (+22.1%), Lithuania (+21.2%), Russia (+7.9%) and Ukraine (+7.0%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of +26.2% from 2012-2021. The United States experienced a relatively flat trend pattern. By contrast, France (-3.2%) and Australia (-4.2%) illustrated a downward trend over the same period. While the share of Russia (+5.2 p.p.) and Turkey (+1.8 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the United States (-2.5 p.p.), Australia (-2.7 p.p.) and France (-3.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest dry peas supplier worldwide, comprising 44% of global exports. The second position in the ranking was held by Russia ($X), with a 16% share of global exports. It was followed by the United States, with an 8.8% share.

In Canada, dry peas exports increased at an average annual rate of +2.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Russia (+7.6% per year) and the United States (+1.2% per year).

Export Prices by Country

In 2021, the average dry peas export price amounted to $X per ton, increasing by 27% against the previous year. In general, the export price, however, showed a slight slump. 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 remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.8%), while the other global leaders experienced mixed trends in the export price figures.

Dry Peas Imports

Imports

Global dry peas imports shrank to X tons in 2021, which is down by -4.5% compared with 2020 figures. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.9% 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 +5.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 20%. Global imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, dry peas imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 23%. Over the period under review, global imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China was the largest importer of peas (dry) in the world, with the volume of imports accounting for X tons, which was approx. 32% of total imports in 2021. Pakistan (X tons) ranks second in terms of the total imports with an 11% share, followed by Bangladesh (8.1%). The following importers - the United States (X tons), Italy (X tons), Belgium (X tons), Turkey (X tons), India (X tons), Germany (X tons), Norway (X tons), Spain (X tons) and the Netherlands (X tons) - together made up 25% of total imports.

Imports into China increased at an average annual rate of +14.1% from 2012 to 2021. At the same time, Turkey (+26.8%), the United States (+16.9%), Pakistan (+16.5%), Norway (+15.9%), Germany (+11.3%), Italy (+10.5%), Bangladesh (+10.2%), Belgium (+7.9%) and the Netherlands (+3.0%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the world, with a CAGR of +26.8% from 2012-2021. By contrast, Spain (-5.6%) and India (-19.3%) illustrated a downward trend over the same period. China (+16 p.p.), Pakistan (+6.5 p.p.), Turkey (+2.6 p.p.), the United States (+2.5 p.p.) and Bangladesh (+2.4 p.p.) significantly strengthened its position in terms of the global imports, while Spain and India saw its share reduced by -3.3% and -33.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Pakistan ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 49% of global imports. These countries were followed by the United States, Belgium, Italy, Turkey, Germany, India, the Netherlands, Norway and Spain, which together accounted for a further 23%.

In terms of the main importing countries, Turkey, with a CAGR of +24.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average dry peas import price amounted to $X per ton, rising by 24% against the previous year. In general, the import price, however, continues to indicate a slight curtailment. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.1%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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