Central Asia: Green Peas Market 2024

Green Peas Market Size in Central Asia

The Central Asian green peas market expanded modestly to $X in 2023, growing by X% against the previous year. The market value 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. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.

Green Peas Production in Central Asia

In value terms, green peas production declined slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

The country with the largest volume of green peas production was Uzbekistan (X tons), accounting for X% of total volume. Moreover, green peas production in Uzbekistan exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), threefold.

In Uzbekistan, green peas production increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

The average green peas yield reduced to X tons per ha in 2023, leveling off at the previous year. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2023, the growth of the green peas yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of peas (green) production in Central Asia amounted to X ha, almost unchanged from the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of harvested area peaked at X ha in 2015; afterwards, it flattened through to 2023.

Green Peas Exports

Exports in Central Asia

In 2023, overseas shipments of peas (green) decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports, however, showed notable growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, green peas exports contracted to $X in 2023. Over the period under review, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2022, and then fell in the following year.

Exports by Country

The shipments of the one major exporters of peas (green), namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan was also the fastest-growing in terms of the peas (green) exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest green peas supplier in Central Asia.

In Kazakhstan, green peas exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price recorded a moderate expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2023, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Green Peas Imports

Imports in Central Asia

In 2023, green peas imports in Central Asia soared to X tons, with an increase of X% against the previous year. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked in 2023 and is likely to see steady growth in years to come.

In value terms, green peas imports skyrocketed to $X in 2023. In general, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Kazakhstan (X tons) was the major importer of peas (green), creating X% of total imports. Kyrgyzstan (X tons) ranks second in terms of the total imports with a X% share, followed by Tajikistan (X%).

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. Kazakhstan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total imports, while Tajikistan saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported peas (green) in Central Asia, comprising X% of total imports. The second position in the ranking was held by Tajikistan ($X), with an X% share of total imports.

In Kazakhstan, green peas imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Tajikistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform