Dry Peas Market Overview in Belgium
In value terms, dry peas production totaled $ in 2019 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of % year-to-year. Dry peas production peaked at $ in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.
The average yield of peas (dry) in Belgium totaled tonnes per ha in 2019, remaining relatively unchanged against the previous year's figure. The yield figure increased at an average annual rate of +% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 with an increase of % year-to-year. The dry peas yield peaked at tonnes per ha in 2009; however, from 2010 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the dry peas harvested area in Belgium reduced to ha, with a decrease of -% against the previous year. Over the period under review, the harvested area continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2016 with an increase of % y-o-y. The dry peas harvested area peaked at ha in 2010; however, from 2011 to 2019, the harvested area failed to regain the momentum.
The size of the dry peas market in Belgium dropped sharply to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a notable increase. The growth pace was the most rapid in 2016 with an increase of % year-to-year. Dry peas consumption peaked at $ in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.