South Africa: Dry Peas Market 2024

Dry Peas Market Size in South Africa

The South African dry peas market declined modestly to $X in 2023, dropping by X% against the previous year. Overall, consumption, however, recorded a noticeable descent. Dry peas consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Dry Peas Production in South Africa

In value terms, dry peas production totaled $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Dry peas production peaked at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

The average yield of peas (dry) in South Africa reached X tons per ha in 2023, standing approx. at 2022. Over the period under review, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2023, the growth of the average dry peas yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The dry peas harvested area in South Africa shrank slightly to X ha in 2023, standing approx. at the previous year's figure. Over the period under review, the harvested area continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X%. The dry peas harvested area peaked at X ha in 2013; however, from 2014 to 2023, the harvested area stood at a somewhat lower figure.

Dry Peas Exports

Exports from South Africa

In 2023, overseas shipments of peas (dry) were finally on the rise to reach X tons after three years of decline. In general, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, dry peas exports skyrocketed to $X in 2023. Overall, exports, however, saw a mild downturn. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Lesotho (X tons) was the main destination for dry peas exports from South Africa, with a X% share of total exports. Moreover, dry peas exports to Lesotho exceeded the volume sent to the second major destination, Djibouti (X tons), threefold. The third position in this ranking was taken by Ethiopia (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Lesotho totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Djibouti (X% per year) and Ethiopia (X% per year).

In value terms, Lesotho ($X) remains the key foreign market for peas (dry) exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Djibouti ($X), with a X% share of total exports. It was followed by Ethiopia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Lesotho was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Djibouti (X% per year) and Ethiopia (X% per year).

Export Prices by Country

The average dry peas export price stood at $X per ton in 2023, rising by X% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry peas export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; afterwards, it flattened through to 2023.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Peas Imports

Imports into South Africa

In 2023, after two years of decline, there was significant growth in overseas purchases of peas (dry), when their volume increased by X% to X tons. Overall, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2020 when imports increased by X%. 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, dry peas imports amounted to $X in 2023. Over the period under review, imports, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Botswana (X tons), Canada (X tons) and Ukraine (X tons) were the main suppliers of dry peas imports to South Africa, with a combined X% share of total imports. Poland, France, the UK, Russia, Turkey, Lithuania, New Zealand, Argentina, Malawi and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest dry peas suppliers to South Africa were Canada ($X), Ukraine ($X) and Botswana ($X), together accounting for X% of total imports. France, Poland, the UK, New Zealand, Russia, Turkey, Lithuania, Argentina, Malawi and the United States lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2023, the average dry peas import price amounted to $X per ton, falling by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Botswana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform