Dried shelled peas market in Southern Europe

Earlier Report Observations

The market for dried shelled peas in Southern Europe experienced considerable volatility from 2018 to 2021. The market size dropped sharply from 494.7 million US dollars in 2018 to 278.0 million in 2019, before recovering to 386.5 million in 2020 and further to 424.9 million in 2021. Production followed a similar pattern, falling to 184.0 million in 2019 and then rising to 295.5 million by 2021.

In 2022, the market size contracted to 328.6 million dollars. During this year, the cultivated area for peas expanded and consumer interest in plant-based proteins grew, drawing attention to the dried pea market. The global ingredient company Roquette launched a new line of organic pea ingredients, including starch and protein, for the European market, catering to the demand for sustainable and healthy options. Additionally, new high-yielding pea varieties like PBA Noosa and PBA Taylor were introduced, setting the stage for potential future production increases.

The market rebounded strongly in 2023, with the market size reaching 510.8 million dollars, the highest value in the period. Production also increased to 236.4 million dollars, while imports surged to 283.1 million dollars, reflecting robust demand.

Production dried shelled peas in Southern Europe

In kind, 2017-2020, K t

Top producers of dried shelled peas, 2017-2020

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

Southern Europe produced 316.7 thousand tons of dried shelled peas in 2020, marking a significant 20.9% increase from the previous year. Looking at the period from 2017 to 2020, production grew by 17%, with an average annual growth rate of 5.4%. The lowest production level was recorded in 2019 at 262.0 thousand tons, while the peak occurred in 2018 with 350.9 thousand tons. The most substantial decline was observed in 2019, dropping by 25.3%, whereas the largest increase happened in 2018, rising by 29.7%.

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

In value, 2017-2020, M $ US

In 2020, the output of dried shelled peas in Southern Europe was valued at 272.2 million US dollars, representing a notable 47.9% rise compared to the year before. Over the 2017-2020 timeframe, production value increased by 19%, with a compound annual growth rate of 6.0%. The minimum value was recorded in 2019 at 184.0 million US dollars, and the maximum was in 2018 at 299.6 million US dollars. The most significant decrease occurred in 2019, falling by 38.6%.

Annual dynamics of production in Southern Europe in value, 2017-2020, M $ US

Exports dried shelled peas from Southern Europe

Exports in kind, K t

Southern Europe exported 7.9 thousand tons of dried shelled peas in 2020, showing a robust decrease of 11.4% from 2019. Between 2017 and 2020, exports declined by 24.8%, which translates to an annualized rate of 9.1%. The lowest export volume was in 2018 at 7.8 thousand tons. The largest decline was recorded in 2018, dropping by 25.2%, while the biggest increase happened in 2019, rising by 13.5%.

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

From 2017 to 2020, exports of dried shelled peas from Southern Europe were distributed relatively evenly across destinations. France accounted for 20.0% of exports in kind, Hungary for 8.9%, and Belgium for 4.7%, with these three countries together making up only 33.6% of total export flows.

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

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

Exports in value, M $ US

After a two-year decline, the value of dried shelled peas exported from Southern Europe increased in 2020, reaching 6.7 million US dollars, an 8.4% year-over-year rise. Over the 2017-2020 period, exports decreased by 23.5%, with a compound annual growth rate of 8.5%. The minimum value was recorded in 2019 at 6.2 million US dollars. The largest decline occurred in 2018, falling by 24.4%.

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

During 2017-2020, dried shelled peas from Southern Europe were supplied to a diverse range of markets. France represented 18.0% of exports in value terms, Belgium 5.7%, and Hungary 5.5%, with these three countries together accounting for only 29.2% of total export value. The remaining 70.8% was made up of numerous smaller destinations.

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

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

Imports dried shelled peas to Southern Europe

Imports in kind, K t

There were noticeable fluctuations in market performance during the period. Imports reached their lowest point in 2017 and peaked in 2018, with a 4.2-fold difference between these years. In 2020, imported volumes of dried shelled peas in Southern Europe amounted to 392.0 thousand tons, constituting a 9.1% gain relative to the prior year. The maximum value was recorded in 2018 at 776.6 thousand tons. The largest decline was recorded in 2019, dropping by 53.7%, while the largest increase occurred in 2018, rising by 319.5%.

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

Throughout 2017-2020, Russia, Ukraine, and Romania remained the key partners for imports in kind. Russia accounted for 42.7% of imports, Ukraine for 27.2%, and Romania for 8.2%, with these three countries together making up 78.1% of total import flows.

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

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

Imports in value, M $ US

The market exhibited an unstable trend throughout the timeframe. The lowest imports were recorded in 2017, with the highest in 2018, reflecting a 3.1-fold gap. In 2020, dried shelled peas shipments to Southern Europe from abroad reached 121.1 million US dollars, up by 20.8% year-over-year. The maximum value was recorded in 2018 at 201.8 million US dollars. The largest decline was recorded in 2019, falling by 50.3%, while the largest increase occurred in 2018, rising by 209.2%.

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

In 2017-2020, Russia, Ukraine, and France were the main destinations for dried shelled peas imports to Southern Europe in value terms. Russia accounted for 35.8% of imports, Ukraine for 22.4%, and France for 9.6%, with these three countries together making up 67.8% of total import value.

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

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