In 2023, Canada led the global peas export market with a 43.89% share, despite a slight 0.094% downturn. Russia and Ukraine have shown robust growth with increases of 4.48% and 4.5%, respectively, solidifying their positions. Romania exhibited a notable 17.96% surge. France (4.93%) and Germany (8.73%) are also emerging key players. Belgium and the United States faced declines, with Belgium decreasing by 5.34% and the U.S. by 7.02%. Bulgaria led the growth pack with a remarkable 50.29% increase. Smaller producers like Lithuania, Latvia, and Sweden showed consistent growth, while Netherlands saw a decline of 24.21%.
Future trends to monitor include the increasing dominance of Eastern European countries, particularly Romania and Bulgaria, given their recent growth rates. Also, watch for potential shifts in Canadian exports due to ongoing market dynamics and the growing influence of Germany and France in the European market. Strategic diversification and addressing the export declines in Western countries like the U.S. and Belgium will be crucial.
Top countries in Peas Export Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 43.89 | 2023 | -0.095% | -0.094% | View data |
| 2 | 2 Russia | 19.72 | 2023 | +4.55% | +4.48% | View data |
| 3 | 3 Ukraine | 10.72 | 2023 | +4.74% | +4.5% | View data |
| 4 | 4 Lithuania | 4.81 | 2023 | +5.15% | +4.46% | View data |
| 5 | 5 France | 3.75 | 2023 | +1.88% | +4.93% | View data |
| 6 | 6 United States | 2.49 | 2023 | -11.33% | -7.02% | View data |
| 7 | 7 Romania | 2.12 | 2023 | +4.79% | +17.96% | View data |
| 8 | 8 Australia | 1.94 | 2023 | -1.41% | +4.38% | View data |
| 9 | 9 Kazakhstan | 1.68 | 2023 | +6.14% | +2.49% | View data |
| 10 | 10 Argentina | 0.94 | 2023 | 0% | +3.23% | View data |
