Global Green Peas Market 2025

Green Peas Market Size

The global green peas market rose slightly to $X in 2022, picking up by 2.5% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the global market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Green Peas Production

In value terms, green peas production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 24%. Over the period under review, global production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were China (X tons), India (X tons) and Pakistan (X tons), together accounting for 87% of global production.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +13.7%), while production for the other global leaders experienced more modest paces of growth.

In 2022, the global average green peas yield contracted slightly to X tons per ha, remaining relatively unchanged against the previous year's figure. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the yield increased by 3.7%. Over the period under review, the average green peas yield reached the peak level at X tons per ha in 2021, and then declined 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 2022, the global harvested area of peas (green) declined modestly to X ha, approximately mirroring 2021. The harvested area increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 7.3%. Over the period under review, the harvested area dedicated to green peas production reached the peak figure at X ha in 2021, and then declined in the following year.

Green Peas Exports

Exports

In 2022, the amount of peas (green) exported worldwide fell rapidly to X tons, with a decrease of -29.1% compared with 2021 figures. Overall, exports saw a slight reduction. The growth pace was the most rapid in 2017 when exports increased by 93%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the global exports failed to regain momentum.

In value terms, green peas exports fell significantly to $X in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 20% against the previous year. Over the period under review, the global exports reached the peak figure at $X in 2021, and then shrank notably in the following year.

Exports by Country

In 2022, France (X tons), distantly followed by Guatemala (X tons), the Netherlands (X tons), Mexico (X tons), the United States (X tons), China (X tons) and Kenya (X tons) were the main exporters of peas (green), together achieving 63% of total exports. Poland (X tons), Peru (X tons), Slovakia (X tons), Romania (X tons), Germany (X tons) and Latvia (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +75.4%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest green peas supplying countries worldwide were Guatemala ($X), the United States ($X) and the Netherlands ($X), together comprising 44% of global exports. Kenya, Peru, Mexico, China, France, Germany, Slovakia, Poland, Romania and Latvia lagged somewhat behind, together comprising a further 42%.

Among the main exporting countries, Latvia, with a CAGR of +62.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average green peas export price stood at $X per ton in 2022, with an increase of 15% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green peas export price increased by +82.8% against 2017 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+7.3%), while the other global leaders experienced more modest paces of growth.

Green Peas Imports

Imports

After two years of growth, purchases abroad of peas (green) decreased by -17% to X tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 14%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of global imports failed to regain momentum.

In value terms, green peas imports fell to $X in 2022. In general, imports, however, saw a slight increase. The pace of growth appeared the most rapid in 2013 when imports increased by 13%. Global imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Belgium was the key importer of peas (green) in the world, with the volume of imports amounting to X tons, which was approx. 34% of total imports in 2022. The United States (X tons) ranks second in terms of the total imports with a 14% share, followed by the Netherlands (11%), the UK (6.3%) and Spain (5.5%). Canada (X tons), Germany (X tons), Thailand (X tons), France (X tons) and Italy (X tons) took a relatively small share of total imports.

Belgium experienced a relatively flat trend pattern with regard to volume of imports of peas (green). At the same time, Spain (+22.8%), Italy (+7.2%), the UK (+5.1%) and Germany (+3.5%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the world, with a CAGR of +22.8% from 2012-2022. The United States experienced a relatively flat trend pattern. By contrast, Canada (-1.1%), France (-4.7%), the Netherlands (-4.8%) and Thailand (-5.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain, Belgium and the UK increased by +4.9, +3.3 and +2.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest green peas importing markets worldwide were the United States ($X), Canada ($X) and the UK ($X), together comprising 46% of global imports. The Netherlands, Belgium, Germany, France, Spain, Thailand and Italy lagged somewhat behind, together accounting for a further 35%.

Among the main importing countries, Spain, with a CAGR of +22.0%, saw the highest growth rate of 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

The average green peas import price stood at $X per ton in 2022, with an increase of 7.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2018 an increase of 9.2% against the previous year. Global import price peaked at $X per ton in 2019; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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