Market research

Peas market in MERCOSUR

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"MERCOSUR" region includes following countries:

Brazil

Argentina

Uruguay

Paraguay

Earlier Report Observations

The market volume for fresh or chilled peas in MERCOSUR grew steadily from 28 945 t in 2018 to 29 864 t in 2023, an increase of 919 t or 3.2% over the five-year period. Each year saw modest growth, with the largest annual rise in 2023 when volume added 212 t.

In value terms, the market experienced a different pattern. Starting at 95.7 million US dollars in 2018, it dropped to 70.5 million US dollars in 2020, then recovered to 80.1 million US dollars in 2023. This resulted in a 16.3% decline in market value compared to 2018, despite the higher physical volume.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in MERCOSUR
  1. 5.1.1. Annual dynamics of production in MERCOSUR in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's exports from Brazil in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Brazil, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's exports from Brazil in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Brazil, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Brazil, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Brazil, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production peas in MERCOSUR

In kind, 2017-2020, t

Top producers of peas, 2017-2020

Source: SHEV.io

World map of production of peas, 2017-2020

Source: SHEV.io

Peas production in MERCOSUR has increased for the third consecutive year. In 2020, the region produced 29,326 tons of peas, marking a 0.6% year-over-year gain. From 2017 to 2020, production grew by 2.1%, which translates to an annualized rate of 0.7%.

Annual dynamics of production in MERCOSUR in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.8%	0.7%	0.6%	0.7%

Source: SHEV.io

In value, 2017-2020, K $ US

MERCOSUR's peas production value declined for the second consecutive year. In 2020, the output was valued at 73,955 thousand US dollars, showing a significant reduction of 13.0% compared to the previous year. Over the 2017-2020 period, production decreased by 10%, with a compound annual growth rate (CAGR) of -3.5%. The highest value was recorded in 2018 at 96,458 thousand US dollars, which also saw the largest increase of 17.3%.

Annual dynamics of production in MERCOSUR in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.3%	(11.9%)	(13.0%)	(3.5%)

Source: SHEV.io

Exports peas from MERCOSUR

Exports in kind, kg

Cross-border shipments of peas from MERCOSUR have increased for the third consecutive year. In 2020, exports reached 6,364 kilograms, representing a 7.3% increase over the previous year. Between 2017 and 2020, exports surged by 391%, equating to an annualized growth rate of 70.0%.

Annual dynamics of product's exports from MERCOSUR in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	57.0%	191.5%	7.3%	70.0%

Source: SHEV.io

The structure of exports in kind from 2017 to 2020 shows a diversified set of trading partners. Marshall Islands (11.9% of exports in kind), Panama (11.0%), and Hong Kong (8.7%) together accounted for only 31.6% of total flows. The remaining 68.4% was distributed among numerous smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, $ US

There were noticeable fluctuations in export performance during this period. Exports reached their lowest point in 2017 and peaked in 2019, with a 5.2-fold difference between these years. In 2020, MERCOSUR's peas exports amounted to 15,306 US dollars, indicating a moderate decrease of 8.2% from 2019. The maximum value was recorded in 2019 at 16,674 US dollars, which also saw the largest increase of 147.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	108.3%	147.7%	(8.2%)	67.9%

Source: SHEV.io

Data from 2017 to 2020 indicate that exports in value terms of peas from MERCOSUR were not concentrated on a few key destinations. Hong Kong (11.4% of exports in value terms), Marshall Islands (11.2%), and Liberia (9.4%) jointly accounted for only 32.1% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io