Dried shelled cow peas market in Southern Asia

Earlier Report Observations

The dried shelled cow peas market in Southern Asia showed considerable movement between 2018 and 2020, with the market volume peaking at 21 588 t in 2019 before declining to 19 336 t in 2020. A pivotal factor emerged in 2020 as the COVID-19 pandemic amplified global consumer focus on health and wellness, boosting demand for nutritious foods like pea-based products. This shift supported a rise in domestic production to 13 216 t, even as overall market size contracted due to a concurrent drop in imports.

Market volume dipped to 16 742 t in 2021 but rebounded to 20 811 t in 2022. During this period, India's role as a regional agricultural powerhouse became more pronounced, with industry bodies actively promoting export infrastructure and trade facilitation for nuts and legumes. This strengthened export framework likely contributed to a supportive environment for the domestic pea sector, coinciding with production growth to 14 844 t in 2022.

A sharp contraction followed in 2023, with market volume falling to 14 271 t. This occurred alongside a significant regulatory development: India's extension of duty-free import deadlines for peas until February 2025, designed to influence supply and pricing. The market was simultaneously affected by shifting global supply chains, including increased pea production and exports from Canada and decreased outputs from Russia and Australia, factors that continued to shape trade dynamics into 2024.

Production dried shelled cow peas in Southern Asia

In kind, 2017-2020, t

Top producers of dried shelled cow peas, 2017-2020

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

In 2019, Southern Asia produced 8 067 tonnes of dried shelled cow peas, the lowest level during the period. However, production surged to 13 216 tonnes in 2020, marking a sharp 63.8% increase from the previous year. Over the entire 2017-2020 timeframe, production grew by 54.1%, with an average annual growth rate of 15.5%. The largest decline occurred in 2019, when production fell by 27.8%.

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

Exports dried shelled cow peas from Southern Asia

Exports in kind, t

The market showed an unstable trend throughout the period. Exports reached their lowest point in 2017, then peaked in 2018 at 175 tonnes, representing a 72-fold difference between these two years. In 2020, shipments from Southern Asia to abroad stood at 61 tonnes, a sharp 212.9% increase year-over-year. The largest decline was recorded in 2019 at 88.8%, while the largest increase occurred in 2018 with a remarkable 7 144.6% growth.

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

From 2017 to 2020, two countries—Iraq and Turkey—accounted for the majority of dried shelled cow peas exports from Southern Asia, with other markets playing less significant roles individually.

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

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

Exports in value, K $ US

Market performance showed noticeable fluctuations during this period. Export volumes hit their lowest point in 2017, then peaked in 2018, with a 32-fold difference between these years. In 2020, Southern Asia exported 63 thousand US dollars worth of dried shelled cow peas, reflecting a steep 121.3% increase compared to the previous year. The maximum value was recorded in 2018 at 226 thousand US dollars. The largest decline occurred in 2019 with an 87.3% decrease, while the largest increase was in 2018 with 3 052.4% growth.

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

Between 2017 and 2020, Iraq, Turkey, and the United Kingdom were the primary buyers of dried shelled cow peas from Southern Asia in value terms. Iraq accounted for 67.6% of exports, Turkey for 12.2%, and the United Kingdom for 8.5%. Together, these three countries represented 88.3% of total export value.

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

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

Imports dried shelled cow peas to Southern Asia

Imports in kind, t

Market performance exhibited noticeable fluctuations during this period. Imports reached their minimum in 2018 at 4 343 tonnes, then peaked in 2019 at 13 541 tonnes, showing a 3.1-fold variation between these years. In 2020, Southern Asia's imports of dried shelled cow peas stood at 6 181 tonnes, indicating a 54.4% decrease compared to the previous year. The largest increase was recorded in 2019 with 211.8% growth.

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

From 2017 to 2020, Madagascar, the United Arab Emirates, and Myanmar were the leading sources of dried shelled cow peas imports to Southern Asia in volume terms. Madagascar accounted for 26.0% of imports, the United Arab Emirates for 25.2%, and Myanmar for 14.1%. Collectively, these three countries represented 65.4% of total import volume.

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

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

Imports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2018 at 3 191 thousand US dollars, then peaked in 2019 at 11 383 thousand US dollars, changing by a factor of 3.6 between these years. In 2020, Southern Asia imported approximately 5 993 thousand US dollars worth of dried shelled cow peas, showing a 47.4% decline versus the previous year. The largest decline occurred in 2018 with a 57.4% decrease, while the largest increase was in 2019 with 256.7% growth.

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

Between 2017 and 2020, the United Arab Emirates, Madagascar, and Myanmar headed the ranking of suppliers of dried shelled cow peas to Southern Asia in value terms. The United Arab Emirates accounted for 29.9% of imports, Madagascar for 22.3%, and Myanmar for 13.6%. Their combined share reached 65.9% of total import value.

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

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