Southern Asia: Chick Peas Market 2024

Chick Peas Market Size in Southern Asia

The South Asian chick peas market rose rapidly to $X in 2023, growing by X% against the previous year. The total consumption indicated a pronounced increase from 2012 to 2023: its value 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, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

Chick Peas Production in Southern Asia

In value terms, chick peas production totaled $X in 2023 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.

India (X tons) constituted the country with the largest volume of chick peas production, accounting for X% of total volume. It was followed by Pakistan (X tons), with a X% share of total production.

From 2012 to 2023, the average annual growth rate of volume in India totaled X%.

The average chick peas yield reduced modestly to X tons per ha in 2023, waning by X% on the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. The level of yield peaked at X tons per ha in 2022, and then dropped 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.

In 2023, the total area harvested in terms of chick peas production in Southern Asia dropped modestly to X ha, which is down by X% on the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2022, and then contracted in the following year.

Chick Peas Exports

Exports in Southern Asia

In 2023, the amount of chick peas exported in Southern Asia soared to X tons, increasing by X% on the previous year. Overall, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, chick peas exports surged to $X in 2023. In general, exports enjoyed perceptible growth. The growth pace was the most rapid in 2022 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from India (X tons), together finishing at X% of total export.

India was also the fastest-growing in terms of the chick peas exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest chick peas supplier in Southern Asia.

From 2012 to 2023, the average annual growth rate of value in India totaled X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, leveling off at the previous year. Over the period under review, the export price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Chick Peas Imports

Imports in Southern Asia

In 2023, purchases abroad of chick peas increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chick peas imports surged to $X in 2023. Overall, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Pakistan represented the major importer of chick peas in Southern Asia, with the volume of imports accounting for X tons, which was near X% of total imports in 2023. Bangladesh (X tons) took the second position in the ranking, followed by India (X tons). All these countries together took near X% share of total imports. Nepal (X tons) followed a long way behind the leaders.

Pakistan was also the fastest-growing in terms of the chick peas imports, with a CAGR of X% from 2012 to 2023. At the same time, Nepal (X%) and Bangladesh (X%) displayed positive paces of growth. By contrast, India (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Pakistan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) constitutes the largest market for imported chick peas in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports. It was followed by India, with a X% share.

In Pakistan, chick peas imports expanded at 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: Bangladesh (X% per year) and India (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Pakistan ($X per ton) and India ($X per ton), while Bangladesh ($X per ton) and Nepal ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform