Dried shelled cow peas market in Asia

Earlier Report Observations

Production of dried shelled cow peas in Asia expanded steadily from 176.1 thousand tons in 2018 to 229.7 thousand tons in 2023, a growth of over 30% across the six-year period. The most pronounced increase occurred in 2019, when output rose by 12% to 197.4 thousand tons, with continued though more moderate gains in the following years.

Domestic market volume, reflecting consumption, grew from 229.9 thousand tons in 2020 to 257.5 thousand tons in 2023. This 12% rise was supported by both climbing production and substantial imports, which peaked at 46.0 thousand tons in 2022. Exports, while initially minimal, began to rise significantly from 2022 onward.

Trade dynamics showed a notable shift in 2024, with imports declining to 36.0 thousand tons and exports jumping to 42.0 thousand tons, indicating a strengthening export orientation, though full production and consumption data for that year are not yet available.

Production dried shelled cow peas in Asia

In kind, 2017-2020, K t

Top producers of dried shelled cow peas, 2017-2020

World map of production of dried shelled cow peas, 2017-2020

Dried shelled cow peas production in Asia has increased for the second year in a row. In 2020, Asia produced 209.5 thousand tons, marking a 6.1% rise from the previous year. Looking at the period from 2017 to 2020, production grew by 11.3%, which translates to an average annual increase of 3.6%. The lowest production level was in 2018, at 176.1 thousand tons. That year also saw the largest decline, with a drop of 6.5%. In contrast, 2019 recorded the biggest increase, with production jumping by 12.1%.

Annual dynamics of production in Asia in kind, 2017-2020, K t

Exports dried shelled cow peas from Asia

Exports in kind, t

Market performance showed significant fluctuations over this period. Volumes hit their lowest point in 2017 and peaked in 2020, representing a 2.4-fold difference. In 2020, exports of dried shelled cow peas from Asia reached 2 737 tons, a substantial 97.3% increase compared to the year before. The largest decline occurred in 2019, with a drop of 26.5%.

Annual dynamics of product's exports from Asia in kind, 2017-2020, t

From 2017 to 2020, Italy, Germany, and the United Kingdom played a notable but not dominant role as buyers of dried shelled cow peas from Asia. Italy accounted for 3.4% of exports in kind, Germany for 2.8%, and the United Kingdom for 2.5%. Together, their combined share made up just 8.7% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Asia in kind, 2017-2020

Exports in value, K $ US

Dried shelled cow peas exports from Asia have declined for the second consecutive year. In 2020, exports totaled 7 950 thousand US dollars, which is 21.3% lower than in the previous year. Over the 2017-2020 period, exports decreased by 18.1%, with a compound annual growth rate of -6.4%. The highest value was recorded in 2018, at 12 229 thousand US dollars, which also saw the largest increase of 26.0%.

Annual dynamics of product's exports from Asia in value, 2017-2020, K $ US

Between 2017 and 2020, Italy, Germany, and the United Kingdom were significant but not dominant buyers in value terms. Italy contributed 4.4% of exports in value, Germany 3.4%, and the United Kingdom 2.5%. Their combined share reached only 10.3% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Asia in value, 2017-2020

Imports dried shelled cow peas to Asia

Imports in kind, t

Dried shelled cow peas imports into Asia have risen for the second year in a row. In 2020, Asia imported 23 124 tons, a 29.3% increase compared to 2019. From 2017 to 2020, imports grew by 25.4%, averaging an annual rise of 7.8%. The lowest import volume was in 2018, at 12 716 tons, which also experienced the largest decline of 31.1%. Conversely, 2019 saw the biggest increase, with imports surging by 40.7%.

Annual dynamics of product's imports to Asia in kind, 2017-2020, t

Data from 2017 to 2020 show that imports in kind of dried shelled cow peas to Asia were not heavily concentrated. Madagascar accounted for 22.7% of imports in kind, Brazil for 6.1%, and Nigeria for 1.6%. Together, these three countries made up only 30.4% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Asia in kind, 2017-2020

Imports in value, K $ US

In 2020, dried shelled cow peas imports into Asia amounted to 25 261 thousand US dollars, reflecting a notable 17.7% decrease year-over-year. Between 2017 and 2020, imports fell by 15.1%, with an average annual decline of 5.3%. The lowest value was in 2018, at 19 013 thousand US dollars, which also recorded the largest drop of 36.1%. In contrast, 2019 had the highest value, at 30 688 thousand US dollars, and saw the biggest increase of 61.4%.

Annual dynamics of product's imports to Asia in value, 2017-2020, K $ US

The country composition of imports in value terms from 2017 to 2020 was quite dispersed. Madagascar represented 23.1% of imports in value, Brazil 6.0%, and Peru 1.8%. Combined, these three countries accounted for just 30.8% of total flows, with the remaining 69.2% spread across a wide range of other destinations.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Asia in value, 2017-2020