Green Peas Prices in the United States from 2020 to 2025
2020
- Import Price: Around $2.50-$2.60 per kilogram. IndexBox shows a 5% annual increase from $2.25 in 2016 to $2.89 in 2023, so 2020 fits roughly at $2.55 midpoint, pre-COVID supply shocks.
- Export Price: $0.56 per kilogram (Selina Wamucii), down from $0.69 in 2019, based on 17,000 metric tons exported (valued at $9.5M). This suggests a surplus or lower demand abroad.
- Wholesale Estimate: Likely $0.50-$1.50 per kilogram, bridging export and import costs, with domestic supply (e.g., frozen peas) keeping it low-end.
- Retail Estimate: $1.50-$3 per pound ($3.30-$6.60 per kilogram), based on supermarket data like Walmart’s frozen peas (~$1.50-$2/lb) and fresh pea markups.
- Context: US production was steady (around 50K hectares, FAO), but imports dominated at ~30K tons annually. Pre-pandemic stability kept prices moderate.
In 2020, specific pea price data is sparse, but Selina Wamucii pegs the export price at $0.56 per kilogram, a drop from $0.69 in 2019. Import prices offer more context: IndexBox reports the average green pea import price rose from $2,252 per ton ($2.25 per kilogram) in 2016 to $2,887 per ton ($2.89 per kilogram) in 2023, with a steady 5% annual increase. Extrapolating back, 2020’s import price likely sat around $2.50-$2.60 per kilogram, reflecting stable demand and supply pre-COVID disruptions. Retail prices would’ve been higher—say, $1.50 to $3 per pound ($3.30 to $6.60 per kilogram)—based on typical markups.
2021
- Import Price: ~$2.70 per kilogram, up 5-6% from 2020, aligning with IndexBox’s 14% import value rise ($85M for 31K tons). Pandemic demand for frozen/canned goods likely drove this.
- Export Price: $0.72 per kilogram (Selina Wamucii), with exports holding at ~17K tons. Higher than 2020, suggesting tighter supply or better margins.
- Wholesale Estimate: $0.60-$1.70 per kilogram, reflecting import costs filtering down and some domestic harvest influence (e.g., Washington state peas).
- Retail Estimate: $1.75-$3.25 per pound ($3.85-$7.15 per kilogram). Online snapshots (e.g., Instacart) show frozen peas at $1.80-$2.50/lb, fresh closer to $3.
- Context: Supply chain hiccups and a plant-based food boom nudged prices up. Imports grew slightly, with Guatemala leading at ~40% of supply.
In 2021, import prices climbed to about $2.70 per kilogram, inferred from the 5% trend and a reported 14% import value jump. Export prices rose to $0.72 per kilogram, suggesting tighter supply or higher demand, possibly pandemic-driven. Retail might’ve hit $1.75 to $3.25 per pound ($3.85 to $7.15 per kilogram).
2022
- Import Price: $2.80-$2.90 per kilogram, trending toward 2023’s $2.89 (IndexBox). A 16% jump in import value from 2021 suggests this peak.
- Export Price: No exact figure, but likely $0.75-$0.85 per kilogram, given export volume held steady before dropping in 2023. Value rose to ~$12M.
- Wholesale Estimate: $0.65-$1.90 per kilogram, tracking import costs and slight domestic harvest pressure (e.g., drought in pea-growing states like Idaho).
- Retail Estimate: $1.80-$3.50 per pound ($3.96-$7.70 per kilogram). Fresh peas hit higher ends in specialty stores; frozen stayed competitive.
- Context: Global supply tightened (e.g., Canadian pea crop issues), and US imports rose to 33K tons. Demand stayed strong, pushing prices.
By 2022, import prices likely peaked near $2.80-$2.90 per kilogram, aligning with the 2023 figure of $2.89 and a strong upward trend. Export prices aren’t detailed, but the 2021-2023 export volume drop (17K tons to 11K tons) hints at higher domestic retention, potentially pushing wholesale up slightly. Retail could’ve ranged $1.80 to $3.50 per pound ($3.96 to $7.70 per kilogram).
2023
- Import Price: $2.89 per kilogram (IndexBox), based on 34K tons imported for $97M, up 16% in value from 2022 despite stable volume.
- Export Price: ~$0.70 per kilogram, inferred from 11K tons exported (Selina Wamucii), a 35% volume drop from 2022, signaling domestic retention or weaker demand.
- Wholesale Estimate: $0.70-$2 per kilogram, aligning with import costs and market reports (e.g., Selina Wamucii’s broader $0.66-$1.98 range).
- Retail Estimate: $1.75-$3.50 per pound ($3.85-$7.70 per kilogram). Frozen peas held at $1.75-$2.50/lb (e.g., USDA retail scans); fresh trended higher.
- Context: Imports peaked at 34K tons, with Peru and Mexico filling gaps. Domestic production (~50K hectares) couldn’t meet demand, keeping reliance high.
For 2023, we have solid footing: import price was $2.89 per kilogram, up 16% from 2022 (IndexBox), with imports at 34K tons valued at $97M. Wholesale prices likely hovered closer to $0.70-$2 per kilogram, reflecting the import cost trickle-down, while retail stayed around $1.75 to $3.50 per pound ($3.85 to $7.70 per kilogram).
2024
- Import Price: $3.00-$3.10 per kilogram, projecting 4-5% growth from 2023, consistent with Mordor Intelligence’s $3.40B North America peas market outlook.
- Export Price: ~$0.75-$0.85 per kilogram, assuming exports stabilized at 11K-12K tons, with value inching up to $9-$10M.
- Wholesale Estimate: $0.75-$2.10 per kilogram, factoring import costs and steady domestic supply (e.g., Midwest harvests).
- Retail Estimate: $1.90-$3.75 per pound ($4.18-$8.25 per kilogram). Inflation and premium fresh peas (e.g., farmers’ markets) pushed the ceiling.
- Context: Demand for plant-based protein grew (CAGR 5.8%, Mordor), and imports likely held at 34K-35K tons. Weather was average, so no major supply shocks.
In 2024, without direct data, I’d estimate import prices rose modestly to $3.00-$3.10 per kilogram, following the 5% trend and market growth forecasts (North America peas market at $3.40B). Wholesale might’ve been $0.75-$2.10 per kilogram, with retail at $1.90 to $3.75 per pound ($4.18 to $8.25 per kilogram).
2025
- Import Price: $3.10-$3.20 per kilogram, projecting 3-5% from 2024, barring disruptions.
- Export Price: Not yet reported, but likely $0.80-$0.90 per kilogram, assuming exports tick up slightly.
- Wholesale Price: $0.66-$1.98 per kilogram ($0.30-$0.90 per pound), per Selina Wamucii’s current range. Lower end may reflect early-year surplus or import deals.
- Retail Estimate: $2-$4 per pound ($4.40-$8.80 per kilogram), based on 2024 trends plus inflation, with frozen at $2-$2.75/lb and fresh higher.
- Context: Imports dominate (e.g., 35K tons projected), and domestic production remains minor. The wholesale dip from 2024 could signal seasonal imports or competition.
For 2025, as of April 4, wholesale green pea prices in the US range from $0.66 to $1.98 per kilogram ($0.30 to $0.90 per pound). This reflects current wholesale conditions, likely influenced by import supply and early-year demand.
Broader Insights
- Domestic Production: The US grows peas on ~50K hectares (FAO), mostly for frozen/canned use, but it’s a fraction of demand. Washington, Idaho, and Minnesota lead, yet imports from Guatemala (40%), Peru, and Mexico dominate.
- Market Drivers: Prices track global supply (e.g., Canadian crop dips in 2022), shipping costs, and demand for healthy/vegan options. The 2023 export drop suggests more stayed domestic, easing wholesale prices by 2025.
- Data Gaps: USDA doesn’t split out green pea prices distinctly (lumped with vegetables), so import/export figures and market snapshots fill the void.
The US imports most green peas (e.g., 34K tons in 2023), mainly from Guatemala, Peru, and Mexico, as domestic production is minor—about 50K hectares harvested in 2023 (FAO). Prices fluctuate with global supply, shipping costs, and demand for plant-based foods. The 2025 wholesale dip from 2024 estimates could signal a seasonal surplus or import competition.
Table: Estimated Pea Prices (USD/kg)
留言
張貼留言