Introduction
Peas are a significant crop worldwide, with many countries relying on imports to meet their domestic demand. In this report, we will explore the top 10 most dependent countries on pea imports, analyzing the reasons behind their reliance on foreign sources for this essential commodity.
1. Canada
Background
Canada is one of the largest producers of peas globally, but it also imports a significant amount to meet its domestic needs. The country’s demand for peas has been steadily increasing due to the growing popularity of plant-based diets and the rise in demand for pea protein.
Key Players
Some of the major companies involved in pea imports in Canada include AGT Food and Ingredients, Roquette, and Verdient Foods.
Financial Data
Canada imported over $100 million worth of peas in 2020, with the majority coming from countries like the United States, China, and France.
2. United States
Background
The United States is another significant importer of peas, primarily due to the increasing demand for plant-based protein products in the country.
Key Players
Some of the key companies involved in pea imports in the United States include Ingredion, Cargill, and Puris.
Financial Data
The United States imported over $80 million worth of peas in 2020, with Canada, China, and France being the major exporting countries.
3. China
Background
China has been increasing its pea imports in recent years to meet the growing demand for plant-based protein products in the country.
Key Players
Some of the key companies involved in pea imports in China include COFCO, Wilmar International, and Jiusan Group.
Financial Data
China imported over $60 million worth of peas in 2020, with Canada, the United States, and Russia being the major suppliers.
4. France
Background
France is a major importer of peas, mainly for use in food processing and as animal feed.
Key Players
Some of the major companies involved in pea imports in France include Roquette, Scoular, and Axereal.
Financial Data
France imported over $50 million worth of peas in 2020, with Canada, Russia, and Ukraine being the major exporters.
5. Germany
Background
Germany is another country heavily dependent on pea imports, with a significant portion of its peas used in the food processing industry.
Key Players
Some of the key companies involved in pea imports in Germany include Vestkorn, Emsland Group, and Cosucra.
Financial Data
Germany imported over $40 million worth of peas in 2020, with Canada, the United States, and France being the major suppliers.
6. Spain
Background
Spain imports a considerable amount of peas for both human consumption and animal feed purposes.
Key Players
Some of the major companies involved in pea imports in Spain include Dacsa Group, Legumbres Luengo, and Bonduelle.
Financial Data
Spain imported over $30 million worth of peas in 2020, with Canada, France, and the United States being the major exporters.
7. Italy
Background
Italy relies on pea imports to meet the demand for plant-based protein products in the country.
Key Players
Some of the key companies involved in pea imports in Italy include Valsoia, Agroils, and San Carlo.
Financial Data
Italy imported over $25 million worth of peas in 2020, with Canada, France, and the United States being the major suppliers.
8. Belgium
Background
Belgium is another country heavily dependent on pea imports, with a significant portion used in the food processing industry.
Key Players
Some of the major companies involved in pea imports in Belgium include Cosucra, Roquette, and Emsland Group.
Financial Data
Belgium imported over $20 million worth of peas in 2020, with Canada, France, and the United States being the major exporters.
9. Netherlands
Background
The Netherlands imports a significant amount of peas for use in food processing and as animal feed.
Key Players
Some of the key companies involved in pea imports in the Netherlands include Agrifirm, Greenfood, and Ojah BV.
Financial Data
The Netherlands imported over $15 million worth of peas in 2020, with Canada, France, and the United States being the major suppliers.
10. United Kingdom
Background
The United Kingdom relies on pea imports to meet the growing demand for plant-based protein products in the country.
Key Players
Some of the major companies involved in pea imports in the United Kingdom include Vestkorn, Roquette, and Cosucra.
Financial Data
The United Kingdom imported over $10 million worth of peas in 2020, with Canada, France, and the United States being the major exporters.
Overall, these top 10 countries are heavily dependent on pea imports to meet their domestic demand for plant-based protein products and other uses. The trend of increasing imports is likely to continue as the global demand for peas continues to rise.