Global Green Peas Market - Insights, Trends and Projections 2018
This report contains an in-depth survey of the global green pea market. Within it, you will find out the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
• Green pea market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global green pea production, split by region and country;
• Global green pea trade (exports and imports);
• Producer, export and import prices for green pea;
• Green pea market trends, drivers and restraints;
• Key market players and their profiles.
Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
Global peas (green) market revenue amounted to 22,088 million USD in 2015, lowering by -3.8% against the previous year level. Overall, global peas (green) market continues to undergo a noticeable growth: the market value increased at an average annual rate of +3.1% from 2007 to 2015. This trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013, when the market revenue increased by +22% from the previous year level. Over the period under review, the global peas (green) market attained its maximum revenue of 22,957 million USD in 2014. From 2015 to the end of the period under review, the total peas (green) market revenue failed to regain its former peak level.
Over the analyzed period, an increase in global peas (green) production was primarily driven by population growth. Furthermore, these key drivers are expected to continue promoting the peas (green) output in the immediate term. This general positive trend was largely conditioned by a robust expansion of the harvested area and a moderate improvement of the yield figures.
The country with the largest volume of the peas (green) output in absolute volumes was China (10,821 thousand tonnes), accounting for 61% of global production. Moreover, peas (green) output in China exceeded the figures recorded by the world's second largest producer, India (3,997 thousand tonnes), threefold. The third position in this ranking was occupied by the United States with a share of 2%. From 2007 to 2015, an average annual growth rate of China's peas (green) producton stood at +2.5%. The remaining producing countries recorded the following average annual growth rates: India (+6.6% per year) and the United States (-13.8% per year).
The world peas (green) harvested area amounted to 2,382 thousand ha in 2015, which was 1.1% more than the previous year figure. The harvested area indicated a noticeable increase over the period under review, representing a compound annual growth rate of +2.2% from 2007 to 2015. This trend pattern was relatively stable throughout the analyzed period. Over the period under review, the total peas (green) harvested area peaked in 2015, and is likely to continue its expansion in the immediate term, following rising demand for peas (green) globally.
The global average peas (green) yield amounted to 74 thousand hg/ha in 2015, fluctuating near the previous year level. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +0.1% from 2007 to 2015. These yield figures maintained, all in all, a stable trend pattern throughout the analyzed period. The highest peas (green) yields were recorded in 2013, when it peaked at 76 thousand hg/ha. Afterwards, it decreased slightly and then fluctuated around these levels throughout the analyzed period.
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