Southern Asia: Preserved Peas Market 2024

Preserved Peas Market Size in Southern Asia

The South Asian preserved peas market dropped modestly to $X in 2022, standing approx. at the previous year. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Preserved Peas Production in Southern Asia

In value terms, preserved peas production fell modestly to $X in 2022 estimated in export price. The total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Preserved Peas Exports

Exports in Southern Asia

In 2022, the amount of preserved peas exported in Southern Asia contracted to X tons, with a decrease of X% compared with the previous year. In general, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved peas exports shrank remarkably to $X in 2022. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Bangladesh (X tons) represented the main exporter of preserved peas, mixing up X% of total exports. Pakistan (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by India (X%), Nepal (X%), Sri Lanka (X%), Afghanistan (X%) and Bhutan (X%).

Bangladesh experienced a relatively flat trend pattern with regard to volume of exports of preserved peas. At the same time, Pakistan (X%), Nepal (X%), Sri Lanka (X%) and India (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. Afghanistan experienced a relatively flat trend pattern. By contrast, Bhutan (X%) illustrated a downward trend over the same period. Pakistan (X p.p.), Nepal (X p.p.), Sri Lanka (X p.p.) and Bhutan (X p.p.) significantly strengthened its position in terms of the total exports, while Afghanistan and Bangladesh saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bangladesh ($X) remains the largest preserved peas supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Afghanistan, with an X% share.

In Bangladesh, preserved peas exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and Afghanistan (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price, however, posted a modest expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bhutan (X%), while the other leaders experienced more modest paces of growth.

Preserved Peas Imports

Imports in Southern Asia

After three years of decline, supplies from abroad of preserved peas increased by X% to X tons in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, preserved peas imports skyrocketed to $X in 2022. In general, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Afghanistan dominates imports structure, finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Bangladesh (X tons), creating a X% share of total imports. Pakistan (X tons) held a little share of total imports.

Afghanistan was also the fastest-growing in terms of the preserved peas imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. While the share of Afghanistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bangladesh (X p.p.) and Pakistan (X p.p.) displayed negative dynamics.

In value terms, Afghanistan ($X) constitutes the largest market for imported preserved peas in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports.

In Afghanistan, preserved peas imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, showed a noticeable decrease. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Afghanistan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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