In 2023, the global dry peas market was led by Canada, Russia, and China, with Canada and Russia showing substantial growth of 1.98% and 7.62% respectively. Germany and France also demonstrated positive trends with 8.46% and 3.68% increases. Conversely, countries like China, Ukraine, and Spain experienced declines with China at -0.28%, Ukraine at -6.6%, and Spain at -4.14%. Argentina and Italy recorded the highest growth rates, with each reaching double digits at over 12%, indicating their strengthening positions in the market.
Looking ahead, the global dry peas market is expected to see regions like Africa and parts of Asia contributing more significantly to production. Emerging trends may include advancements in agricultural technology and increasing demand for plant-based proteins, which could offer growth opportunities in these regions. Monitoring geopolitical factors and climate change impacts will be vital for understanding future production dynamics.
Top countries in Dry Peas Gross Production by Country
| # | 10 Countries | Thousand US Dollars PPP = 2004–2006 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 1,340,600 | 2023 | +0.14% | +1.98% | View data |
| 2 | 2 Russia | 1,128,900 | 2023 | +4.21% | +7.62% | View data |
| 3 | 3 China | 510,560 | 2023 | +0.94% | -0.28% | View data |
| 4 | 4 India | 300,250 | 2023 | +0.54% | -2.29% | View data |
| 5 | 5 United States | 245,850 | 2023 | +0.68% | +0.051% | View data |
| 6 | 6 France | 239,980 | 2023 | +2.21% | +3.68% | View data |
| 7 | 7 Ukraine | 187,120 | 2023 | +1.31% | -6.6% | View data |
| 8 | 8 Ethiopia | 136,250 | 2023 | +1.85% | +1.81% | View data |
| 9 | 9 Australia | 103,050 | 2023 | +0.14% | -0.87% | View data |
| 10 | 10 Germany | 100,380 | 2023 | -0.53% | +8.46% | View data |