MENA: Green Peas Market 2024

Green Peas Market Size in MENA

The MENA's green peas market reduced modestly to $X in 2023, with a decrease of X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market failed to regain momentum.

Green Peas Production in MENA

In value terms, green peas production reduced 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 in certain years. The growth pace was the most rapid in 2013 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2023 were Algeria (X tons), Egypt (X tons) and Turkey (X tons), together accounting for X% of total production.

From 2012 to 2023, the biggest increases were recorded for Algeria (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2023, the average green peas yield in MENA declined to X tons per ha, waning by X% on the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the yield increased by X%. Over the period under review, the green peas yield attained the maximum level at X tons per ha in 2022, and then shrank modestly 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 green peas harvested area reached X ha in 2023, remaining constant against the previous year. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to green peas production attained the peak figure at X ha in 2019; however, from 2020 to 2023, the harvested area stood at a somewhat lower figure.

Green Peas Exports

Exports in MENA

In 2023, shipments abroad of peas (green) decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, exports saw a pronounced setback. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, green peas exports amounted to $X in 2023. In general, exports, however, continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Egypt was the main exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Morocco (X tons) and Saudi Arabia (X tons), together constituting a X% share of total exports. Tunisia (X tons), Yemen (X tons), Turkey (X tons) and Lebanon (X tons) followed a long way behind the leaders.

Exports from Egypt decreased at an average annual rate of X% from 2012 to 2023. At the same time, Saudi Arabia (X%), Lebanon (X%), Turkey (X%), Tunisia (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Yemen (X%) illustrated a downward trend over the same period. Morocco (X p.p.), Saudi Arabia (X p.p.) and Tunisia (X p.p.) significantly strengthened its position in terms of the total exports, while Yemen 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, Egypt ($X) remains the largest green peas supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Egypt amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (X% per year) and Tunisia (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, picking up by X% against the previous year. In general, the export price showed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Green Peas Imports

Imports in MENA

In 2023, supplies from abroad of peas (green) was finally on the rise to reach X tons after five years of decline. Overall, imports, however, continue to indicate a deep downturn. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, green peas imports rose notably to $X in 2023. In general, imports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2023, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates dominates imports structure, resulting at X tons, which was approx. X% of total imports in 2023. Qatar (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Libya (X%), Iraq (X%) and Iran (X%). The following importers - Oman (X tons) and Bahrain (X tons) - each finished at an X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to green peas imports into the United Arab Emirates stood at X%. At the same time, Iran (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Iraq (X%), Oman (X%), Qatar (X%), Bahrain (X%) and Libya (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates, Iran, Iraq and Oman increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported peas (green) in MENA, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with a X% share of total imports. It was followed by Iraq, with a X% share.

In the United Arab Emirates, green peas imports contracted by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (X% per year) and Iraq (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2023, waning by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 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 2022, and then contracted notably in the following year.

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 Qatar ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform