The Top 10 Countries Dominating Global Pea Trade
Introduction
Peas are an essential crop in the global agricultural market, with a significant portion of production dedicated to international trade. In this report, we will delve into the top 10 countries that dominate the global pea trade, analyzing their market share, production volumes, export data, and key players in the industry.
1. Canada
Canada is a major player in the global pea trade, accounting for a significant portion of the market share. The country is known for its high-quality peas, particularly yellow peas, which are in high demand in international markets. In 2020, Canada exported over 4 million metric tons of peas, with a total export value of $1.5 billion.
Key companies in the Canadian pea industry include AGT Food and Ingredients, which is one of the largest pea processors in the world. The company processes and exports a wide range of pulse crops, including peas, lentils, and chickpeas.
2. Russia
Russia is another major player in the global pea trade, with a significant share of the market. The country is known for its production of green peas, which are popular in European markets. In 2020, Russia exported over 2 million metric tons of peas, with a total export value of $800 million.
Key companies in the Russian pea industry include Prodimex, which is a leading exporter of pulses, including peas, beans, and lentils. The company has a strong presence in international markets and is known for its high-quality products.
3. Ukraine
Ukraine is also a key player in the global pea trade, with a growing market share in recent years. The country is known for its production of yellow peas, which are in high demand in the Middle East and Asia. In 2020, Ukraine exported over 1.5 million metric tons of peas, with a total export value of $600 million.
Key companies in the Ukrainian pea industry include Kernel, which is one of the largest agricultural companies in the country. The company has a significant presence in the pea market and exports a wide range of pulse crops to international markets.
4. France
France is a major producer and exporter of peas in the European market, with a strong presence in the global pea trade. The country is known for its production of green peas, which are popular in European and North American markets. In 2020, France exported over 1 million metric tons of peas, with a total export value of $400 million.
Key companies in the French pea industry include Roquette, which is a leading producer of plant-based ingredients, including pea proteins. The company has a strong presence in the global pea market and supplies a wide range of pea-based products to the food industry.
5. China
China is a significant player in the global pea trade, with a growing market share in recent years. The country is known for its production of snow peas and sugar snap peas, which are popular in Asian and Western markets. In 2020, China exported over 1 million metric tons of peas, with a total export value of $300 million.
Key companies in the Chinese pea industry include Yantai Oriental Protein Tech, which is a leading producer of pea proteins and pea starch. The company has a strong presence in the global pea market and supplies a wide range of pea-based ingredients to the food industry.
6. United States
The United States is a major producer and exporter of peas, with a significant market share in the global pea trade. The country is known for its production of green peas and yellow peas, which are popular in international markets. In 2020, the United States exported over 800,000 metric tons of peas, with a total export value of $200 million.
Key companies in the US pea industry include Columbia Grain International, which is a leading exporter of pulse crops, including peas, lentils, and chickpeas. The company has a strong presence in international markets and supplies a wide range of pulse products to customers worldwide.
7. Australia
Australia is a key player in the global pea trade, with a significant market share in the industry. The country is known for its production of green peas and yellow peas, which are in high demand in Asian and Middle Eastern markets. In 2020, Australia exported over 700,000 metric tons of peas, with a total export value of $180 million.
Key companies in the Australian pea industry include AGT Foods Australia, which is a leading processor and exporter of pulse crops, including peas, lentils, and chickpeas. The company has a strong presence in the global pea market and supplies a wide range of pulse products to customers worldwide.
8. India
India is a major producer and exporter of peas, with a significant market share in the global pea trade. The country is known for its production of green peas and yellow peas, which are popular in international markets. In 2020, India exported over 600,000 metric tons of peas, with a total export value of $150 million.
Key companies in the Indian pea industry include Dunar Foods, which is a leading exporter of pulse crops, including peas, lentils, and chickpeas. The company has a strong presence in international markets and supplies a wide range of pulse products to customers worldwide.
9. Argentina
Argentina is a key player in the global pea trade, with a significant market share in the industry. The country is known for its production of green peas and yellow peas, which are popular in European and Asian markets. In 2020, Argentina exported over 500,000 metric tons of peas, with a total export value of $120 million.
Key companies in the Argentine pea industry include Molino CaƱuelas, which is a leading producer of pulse crops, including peas, lentils, and chickpeas. The company has a strong presence in the global pea market and supplies a wide range of pulse products to customers worldwide.
10. Myanmar
Myanmar is a growing player in the global pea trade, with a rising market share in recent years. The country is known for its production of green peas, which are popular in Asian and Middle Eastern markets. In 2020, Myanmar exported over 300,000 metric tons of peas, with a total export value of $80 million.
Key companies in the Myanmar pea industry include Myanma Awba Group, which is a leading exporter of pulse crops, including peas, lentils, and chickpeas. The company has a growing presence in international markets and supplies a wide range of pulse products to customers worldwide.
Conclusion
In conclusion, the global pea trade is dominated by a few key players, with countries like Canada, Russia, and Ukraine leading the market in terms of production volumes and export values. Key companies in the industry play a crucial role in supplying high-quality peas to international markets, driving the growth of the global pea trade. As demand for plant-based protein sources continues to rise, the pea industry is expected to expand further, with new players entering the market and existing ones expanding their operations to meet growing demand.