Market Dynamics: Shifts in demand patterns due to geopolitical factors and trade agreements
π Market Insights
Philippines: Dominated as the primary destination for dried peas, accounting for 48% of total exports by volume.
Price Variations: Significant price disparities observed across destinations, influenced by factors such as demand, shipping costs, and import regulations.
Growth Patterns: While exports to the Philippines declined by 4.1% monthly, exports to Thailand increased by 11.4% monthly, indicating shifting market dynamics.
π Key Export Destinations
Fresh or Chilled Peas
France: 236,182 kg ($1.00 million)
Nepal: 438,417 kg ($93,920)
Bhutan: 192,415 kg ($118,270)
Bangladesh: 251,595 kg ($38,020)
United Arab Emirates: 18,665 kg ($15,690)
Others: Japan, Hong Kong, United Kingdom, and more
Dried Shelled Peas
Sri Lanka: 23,560 kg ($15,820)
Papua New Guinea: 6,035 kg ($10,950)
Tanzania: 9,298 kg ($10,910)
Hong Kong: 9,617 kg ($10,730)
Others: Austria, Kenya, Angola, and more
Frozen Peas
Colombia: 185,100 kg ($145,720)
Japan: 80,947 kg ($100,430)
Singapore: 58,656 kg ($96,670)
Bhutan: 53,639 kg ($45,690)
Others: Malaysia, Congo (Dem. Rep.), New Zealand, and more
π Visual Data Representation
For a comprehensive visual analysis, including trends and forecasts, you may refer to the following resources: