Ethiopia: Dry Peas Market 2024

Dry Peas Market Size in Ethiopia

In 2023, the Ethiopian dry peas market decreased by less than X% to $X, falling for the third consecutive year after two years of growth. Overall, the total consumption indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.

Dry Peas Production in Ethiopia

In value terms, dry peas production expanded slightly to $X in 2023 estimated in export price. In general, production, however, saw strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Dry peas production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

The average yield of peas (dry) in Ethiopia fell slightly to X tons per ha in 2023, almost unchanged from the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the yield increased by X%. The dry peas yield peaked at X tons per ha in 2022, and then declined slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The dry peas harvested area in Ethiopia dropped to X ha in 2023, leveling off at 2022. Over the period under review, the harvested area continues to indicate a mild descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to dry peas production reached the peak figure at X ha in 2012; however, from 2013 to 2023, the harvested area remained at a lower figure.

Dry Peas Exports

Exports from Ethiopia

In 2023, shipments abroad of peas (dry) was finally on the rise to reach X tons after two years of decline. Over the period under review, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

In value terms, dry peas exports skyrocketed to $X in 2023. Overall, exports saw a significant increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

Exports by Country

Pakistan (X tons), South Sudan (X tons) and Malaysia (X tons) were the main destinations of dry peas exports from Ethiopia, with a combined X% share of total exports. Yemen, Egypt, Turkey and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), South Sudan ($X) and Malaysia ($X) constituted the largest markets for dry peas exported from Ethiopia worldwide, together accounting for X% of total exports. Egypt, Turkey, India and Yemen lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Egypt, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average dry peas export price amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated prominent growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry peas export price decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Yemen ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into Ethiopia

For the third year in a row, Ethiopia recorded decline in supplies from abroad of peas (dry), which decreased by X% to X tons in 2023. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, dry peas imports reduced dramatically to $X in 2023. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2022, and then declined significantly in the following year.

Imports by Country

The United States (X tons), Ukraine (X tons) and Turkey (X tons) were the main suppliers of dry peas imports to Ethiopia, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dry peas suppliers to Ethiopia were the United States ($X), Ukraine ($X) and Turkey ($X), with a combined X% share of total imports.

Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average dry peas import price amounted to $X per ton, reducing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform