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📦 Cowpeas (Vigna unguiculata)

Cowpeas (<i>Vigna unguiculata</i>)

HS Code:

📦

Overview

Cowpeas (Vigna unguiculata), also known as black-eyed peas, are a type of legume widely cultivated in tropical and subtropical regions for their edible seeds. They are a staple food in many African, Asian, and Latin American countries, valued for their high protein content and adaptability to arid conditions. Cowpeas are traded globally under HS Code 071335, which covers dried, shelled cowpeas, whether or not skinned or split. The global trade of cowpeas is influenced by agricultural production capacities, regional demand for food security, and climatic conditions affecting harvests.

Total Trade Volume

Approximately 1.2 million metric tons

Data from 2022

Source

International Trade Centre (ITC) Trade Map and UN Comtrade Database

Tariff Analysis

Average Rate

5.2% ad valorem

Highest Rate

25% (imposed by certain South Asian countries to protect local legume markets)

Lowest Rate

0% (under preferential trade agreements like the African Continental Free Trade Area - AfCFTA)

Common Restrictions

  • Import quotas in some countries to support domestic farmers
  • Phytosanitary requirements to prevent pest and disease spread
  • Labeling and packaging standards for food safety

Market Trends

Rising demand in urban African markets

Increased export opportunities for West African countries due to urbanization and population growth driving demand for affordable protein sources

2021-2022

Climate change impacting yields

Erratic weather patterns in key producing regions like the Sahel have led to supply volatility, affecting global prices

2020-2022

Growing interest in plant-based diets

Increased imports by Western countries for use in vegan and vegetarian food products, though still a small share of total trade

2022

Recent Developments

Nigeria's Export Promotion Initiatives

The Nigerian government launched incentives for cowpea exporters to boost foreign exchange earnings, including subsidies for storage and transport.

March 2023

Expected to increase Nigeria's export volume by 10-15% in 2023, strengthening its position as the top global exporter.

AfCFTA Implementation Boosts Intra-African Trade

The African Continental Free Trade Area agreement has reduced tariffs on cowpeas among member states, facilitating trade within the continent.

January 2023

Intra-African trade of cowpeas has risen by 8% in early 2023, reducing dependency on external markets.

Drought in Sahel Region

Severe drought in Niger and Burkina Faso during the 2022 planting season led to a significant drop in cowpea production.

October 2022

Global supply tightened, causing a 12% price increase in international markets in late 2022.