EU: Green Peas Market 2024

Green Peas Market Size in the EU

The EU green peas market expanded markedly to $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Green Peas Production in the EU

In value terms, green peas production expanded markedly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

France (X tons) remains the largest green peas producing country in the European Union, comprising approx. X% of total volume. Moreover, green peas production in France exceeded the figures recorded by the second-largest producer, Spain (X tons), twofold. The third position in this ranking was taken by Hungary (X tons), with a X% share.

In France, green peas production expanded at an average annual rate of X% over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: Spain (X% per year) and Hungary (X% per year).

In 2023, the average yield of peas (green) in the European Union rose slightly to X tons per ha, with an increase of X% compared with 2022. In general, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the green peas yield attained the peak level at X tons per ha in 2013; however, from 2014 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The green peas harvested area amounted to X ha in 2023, growing by X% against the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2014 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to green peas production reached the maximum at X ha in 2021; however, from 2022 to 2023, the harvested area remained at a lower figure.

Green Peas Exports

Exports in the EU

In 2023, shipments abroad of peas (green) decreased by X% to X tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, green peas exports rose to $X in 2023. Total exports indicated a moderate expansion from 2012 to 2023: its value 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, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

France was the major exporting country with an export of about X tons, which reached X% of total exports. The Netherlands (X tons) ranks second in terms of the total exports with a X% share, followed by Poland (X%), Slovakia (X%) and Latvia (X%). The following exporters - the Czech Republic (X tons) and Germany (X tons) - together made up X% of total exports.

Exports from France increased at an average annual rate of X% from 2012 to 2023. At the same time, Latvia (X%), Slovakia (X%), Poland (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. The Netherlands experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. Poland (X p.p.), Slovakia (X p.p.), Latvia (X p.p.), France (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Germany saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest green peas supplying countries in the European Union were the Netherlands ($X), France ($X) and Slovakia ($X), together comprising X% of total exports. Germany, Latvia, Poland and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Latvia, 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

The export price in the European Union stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X%. The level of export peaked at $X per ton in 2014; afterwards, it flattened through to 2023.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Poland ($X per ton) was amongst the lowest.

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

Green Peas Imports

Imports in the EU

In 2023, overseas purchases of peas (green) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a mild slump. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, green peas imports stood at $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Belgium prevails in imports structure, amounting to X tons, which was near X% of total imports in 2023. The Netherlands (X tons) ranks second in terms of the total imports with a X% share, followed by Germany (X%). Italy (X tons), France (X tons), the Czech Republic (X tons), Hungary (X tons) and Spain (X tons) followed a long way behind the leaders.

Belgium experienced a relatively flat trend pattern with regard to volume of imports of peas (green). At the same time, Hungary (X%), the Czech Republic (X%), Italy (X%), Germany (X%) and Spain (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. By contrast, France (X%) and the Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Belgium, Germany, Hungary, Italy and the Czech Republic increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. France, Italy, Spain, the Czech Republic and Hungary lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform