Key Market Indicators
China is the largest producer, followed by India and Ethiopia respectively. Argentina is projected to consume 42,000 metric tons of peas by 2026. This is an increase of 0.5% year-on-year, compared to the 41,000 metric tons consumed in 2021. Since 2017, demand has dropped by 0.8% year-on-year. In 2021, Argentina ranked 14th globally; Ukraine overtook with 41,000 metric tons. China, Ethiopia, and Bangladesh were the top three producers in this ranking. Argentina's pea production is expected to reach 119,000 metric tons by 2026. This is an increase of 1.1% year-on-year, compared to the 112,220 metric tons produced in 2021. Since 1966, supply has decreased by 4.3% year-on-year. China is the largest producer, followed by India and Ethiopia.
