Dried shelled peas market in Southern Asia

Earlier Report Observations

The dried shelled peas market in Southern Asia saw substantial expansion from 2018 to 2021, with the market volume growing from 1 697 thousand tons to a peak of 2 435 thousand tons. This rise was primarily fueled by a surge in imports, which increased from 668 thousand tons to 1 503 thousand tons over the period. In 2020, global supply chain disruptions affected agricultural commodity flows worldwide, altering trade patterns and contributing to the recovery of domestic production, which had dipped in 2019.

After 2021, the market entered a contraction phase, with volume falling to 2 054 thousand tons in 2022 and 2 005 thousand tons in 2023. This decline coincided with a sharp reduction in imports, which dropped to 979 thousand tons in 2022 and 870 thousand tons in 2023. During the same years, local production continued its upward trajectory, reaching 1 199 thousand tons in 2023, partially offsetting the lower import volumes.

Production dried shelled peas in Southern Asia

In kind, 2017-2020, K t

Top producers of dried shelled peas, 2017-2020

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

After two consecutive years of decline, dried shelled peas production in Southern Asia rebounded in 2020. That year, the region produced 923 K t, marking a 9.0% year-over-year increase. However, looking at the broader period from 2017 to 2020, overall production fell by 12.8%, with a compound annual growth rate of -4.5%. The lowest production level was recorded in 2019 at 847 K t, which also saw the largest annual decline of 17.7%.

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

Exports dried shelled peas from Southern Asia

Exports in kind, K t

Export volumes showed significant volatility, reflecting an unstable market environment. The lowest point occurred in 2017, while exports peaked in 2018, with a 3.9-fold difference between these years. In 2020, Southern Asia exported 1 K t of dried shelled peas, representing a substantial 63.8% increase compared to 2019. The maximum export volume was recorded in 2018 at 1 K t. The largest annual decline of 46.7% happened in 2019, whereas the largest increase of 289.8% was observed in 2018.

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

From 2017 to 2020, the geographical distribution of exports in kind was highly diversified. The top three destinations—Malaysia (6.1% of exports), Iraq (5.6%), and Spain (4.9%)—collectively accounted for just 16.6% of total export flows. The remaining 83.4% was spread across numerous smaller partner countries.

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, M $ US

Export values exhibited noticeable fluctuations during this period. The lowest point was in 2019, while the highest occurred in 2020, with a 7.4-fold gap between these years. In 2020, Southern Asia exported dried shelled peas worth 1.2 M $ US, indicating a dramatic 642.1% surge compared to 2019. The minimum value was recorded in 2019 at 0.2 M $ US, which also saw the largest annual decline of 68.9%.

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

Between 2017 and 2020, no single market dominated dried shelled peas exports in value terms. The top three destinations—Iraq (10.8% of export value), the United Arab Emirates (6.8%), and Spain (5.2%)—together represented only 22.8% of total export value. The majority was distributed among many smaller partners, each holding modest individual shares.

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 peas to Southern Asia

Imports in kind, K t

Import volumes were characterized by volatility during these years. The lowest point was in 2018, while imports peaked in 2020, with a 2.2-fold difference between these years. In 2020, Southern Asia imported 1 473 K t of dried shelled peas, marking a sharp 28.0% rise from the previous year. The minimum import volume was recorded in 2018 at 668 K t, which also experienced the largest annual decline of 21.3%. The largest annual increase of 72.1% occurred in 2019.

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

From 2017 to 2020, imports in kind were heavily concentrated. Canada (48.9% of imports), Russia (25.4%), and Ukraine (8.9%) together accounted for 83.2% of total import volumes, establishing them as the primary sources for dried shelled peas to Southern Asia.

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, M $ US

Dried shelled peas imports to Southern Asia increased for the second consecutive year in 2020. That year, the region imported approximately 508.3 M $ US worth of dried shelled peas, equivalent to a 58.9% gain compared to 2019. Over the period from 2017 to 2020, imports rose by 54.5%, with a compound annual growth rate of 15.6%. The minimum import value was recorded in 2018 at 202.5 M $ US, which also saw the largest annual decline of 38.5%.

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

Between 2017 and 2020, imports in value terms were dominated by a few key markets. Canada (43.3% of import value), Russia (24.0%), and Australia (13.1%) together absorbed 80.4% of total import value for dried shelled peas to Southern Asia, making them the main sources.

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

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