SADC: Green Peas Market 2024

Green Peas Market Size in SADC

In 2023, the SADC green peas market decreased by X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption continues to indicate a slight contraction. As a result, consumption reached the peak level of $X. From 2016 to 2023, the growth of the market remained at a somewhat lower figure.

Green Peas Production in SADC

In value terms, green peas production reached $X in 2023 estimated in export price. The total production indicated a modest 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, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth remained at a lower figure.

Tanzania (X tons) constituted the country with the largest volume of green peas production, comprising approx. X% of total volume. Moreover, green peas production in Tanzania exceeded the figures recorded by the second-largest producer, South Africa (X tons), ninefold. Zimbabwe (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume in Tanzania totaled X%. The remaining producing countries recorded the following average annual rates of production growth: South Africa (X% per year) and Zimbabwe (X% per year).

The average green peas yield soared to X tons per ha in 2023, surging by X% on the previous year. In general, the yield saw a pronounced increase. As a result, the yield attained the peak level and is likely to continue growth in the immediate term. 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 was estimated at X ha in 2023, standing approx. at 2022. In general, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 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 2015; however, from 2016 to 2023, the harvested area remained at a lower figure.

Green Peas Exports

Exports in SADC

In 2023, approx. X tons of peas (green) were exported in SADC; growing by X% compared with the previous year. Overall, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, green peas exports soared to $X in 2023. In general, exports posted modest growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Tanzania dominates exports structure, reaching X tons, which was approx. X% of total exports in 2023. It was distantly followed by Zimbabwe (X tons), generating a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to green peas exports from Tanzania stood at X%. At the same time, Zimbabwe (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. While the share of Zimbabwe (X p.p.) and Tanzania (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tanzania ($X) emerged as the largest green peas supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with a X% share of total exports.

In Tanzania, green peas exports remained relatively stable over the period from 2012-2023.

Export Prices by Country

The export price in SADC stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the export price saw a deep reduction. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the export prices remained at a somewhat lower figure.

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 Zimbabwe ($X per ton), while Tanzania amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tanzania (X%).

Green Peas Imports

Imports in SADC

In 2023, green peas imports in SADC reduced rapidly to X tons, waning by X% compared with the previous year. In general, imports, however, showed mild growth. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X tons. From 2020 to 2023, the growth of imports failed to regain momentum.

In value terms, green peas imports contracted dramatically to $X in 2023. Over the period under review, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Tanzania was the major importer of peas (green) in SADC, with the volume of imports amounting to X tons, which was near X% of total imports in 2023. It was distantly followed by South Africa (X tons), committing a X% share of total imports. Botswana (X tons), Madagascar (X tons), Mauritius (X tons) and Zimbabwe (X tons) followed a long way behind the leaders.

Tanzania was also the fastest-growing in terms of the peas (green) imports, with a CAGR of X% from 2012 to 2023. At the same time, Mauritius (X%), Zimbabwe (X%) and Botswana (X%) displayed positive paces of growth. By contrast, South Africa (X%) and Madagascar (X%) illustrated a downward trend over the same period. Tanzania (X p.p.) and Mauritius (X p.p.) significantly strengthened its position in terms of the total imports, while Madagascar and South Africa saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported peas (green) in SADC, comprising X% of total imports. The second position in the ranking was taken by Botswana ($X), with a X% share of total imports. It was followed by Madagascar, with a X% share.

From 2012 to 2023, the average annual growth rate of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Botswana (X% per year) and Madagascar (X% per year).

Import Prices by Country

In 2023, the import price in SADC amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021; however, from 2022 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 Zimbabwe ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform