Report Update May 1, 2024

Puerto Rico - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Cow Peas Market 2024

Cow Peas Exports

Exports by Country

In 2021, Brazil (X tons) and the United States (X tons) represented the major exporters of cow peas (dry)around the world, together mixing up 42% of total exports. Madagascar (X tons) took the next position in the ranking, followed by India (X tons), Peru (X tons) and Myanmar (X tons). All these countries together held approx. 43% share of total exports. Turkey (X tons), Latvia (X tons) and China (X tons) followed a long way behind the leaders.

From 2012 to 2021, cow peas exports from expanded with a Brazil of +32.2%, while the United States (-30.3%) experienced a dramatic contraction unchanged over the same period. At the same time, Latvia (+347.1%), India (+122.8%), Turkey (+103.3%), Madagascar (+41.2%) and Myanmar (+13.2%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in the world, with a CAGR of +347.1% from 2012-2021. By contrast, Peru (-1.2%) and China (-16.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil, India, Madagascar, Turkey and Latvia increased by +32, +14, +13, +4.1 and +2.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest cow peas supplier from Puerto Rico, comprising 36% of global exports. The second position in the ranking was taken by Madagascar ($X), with a 17% share of global exports. It was followed by India, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in Brazil stood at +34.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Madagascar (+42.1% per year) and India (+114.6% per year).

Cow Peas Imports

Imports by Country

India was the major importing country with an import of about X tons, which recorded 40% of total imports. Egypt (X tons) ranks second in terms of the total imports with a 7.6% share, followed by Turkey (6.8%), the United Arab Emirates (6.2%) and Pakistan (4.8%). The United States (X tons), South Korea (X tons), Iraq (X tons) and Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to cow peas imports into India stood at +29.4%. At the same time, the United Arab Emirates (+32.0%), Egypt (+27.1%), Turkey (+25.7%), Pakistan (+21.5%), Sri Lanka (+18.4%), South Korea (+6.8%) and Iraq (+5.0%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the world, with a CAGR of +32.0% from 2012-2021. By contrast, the United States (-1.8%) illustrated a downward trend over the same period. India (+40 p.p.), Egypt (+4.6 p.p.), the United Arab Emirates (+4.5 p.p.), Turkey (+3.9 p.p.) and Pakistan (+2 p.p.) significantly strengthened its position in terms of the global imports, while South Korea, Iraq and the United States saw its share reduced by -3.1%, -4.2% and -11.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported cow peas (dry) into Puerto Rico, comprising 38% of global imports. The second position in the ranking was held by Turkey ($X), with a 7.7% share of global imports. It was followed by Egypt, with a 6.7% share.

In India, cow peas imports increased at an average annual rate of +33.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkey (+25.7% per year) and Egypt (+30.4% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cow peas (dry) in the world?

The countries with the highest volumes of consumption in 2021 were Nigeria, Niger and Burkina Faso, with a combined 78% share of global consumption. Kenya, Mali, Ghana, Senegal, Cameroon, Sudan and Tanzania lagged somewhat behind, together comprising a further 15%.

What are the largest producers of cow peas (dry) in the world?

The countries with the highest volumes of production in 2021 were Nigeria, Niger and Burkina Faso, together accounting for 77% of global production. These countries were followed by Kenya, Mali, Ghana, Senegal, Cameroon, Sudan and Tanzania, which together accounted for a further 15%.

What are the leading suppliers of cow peas (dry) to Puerto Rico?

In value terms, India constitutes the largest market for imported cow peas dry) into Puerto Rico, comprising 38% of global imports. The second position in the ranking was held by Turkey, with a 7.7% share of global imports. It was followed by Egypt, with a 6.7% share.

What are the leading importers of cow peas (dry) from Puerto Rico?

In value terms, Brazil remains the largest cow peas supplier from Puerto Rico, comprising 36% of global exports. The second position in the ranking was taken by Madagascar, with a 17% share of global exports. It was followed by India, with a 14% share.

This report provides an in-depth analysis of the cow peas market in Puerto Rico. Within it, you will discover 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 2030.

Product coverage:

FCL 195 - Cow peas, dry

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
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

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023