India - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndia Sets New Record With $169M Worth of Pigeon Peas Import in October 2023
India Pigeon Peas Imports
In October 2023, supplies from abroad of pigeon peas increased by 163% to 166K tons, rising for the third month in a row after three months of decline. In general, imports continue to indicate temperate growth.
In value terms, pigeon peas imports surged to $169M (IndexBox estimates) in October 2023. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| COUNTRY | Import Value of Pigeon Peas in India (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
| Mozambique | 23.6 | 68.2 | 89.2 | 36.1 | 24.0 | 17.7 | 23.6 | 3.4 | 1.8 | 3.6 | 2.9 | 10.4 | 79.1 |
| Tanzania | 20.3 | 20.9 | 12.7 | 0.7 | 0.5 | 1.5 | 1.0 | 0.5 | 1.0 | 1.9 | 6.7 | 22.8 | 43.4 |
| Myanmar | 17.5 | 11.1 | 14.9 | 24.7 | 36.6 | 30.1 | 33.6 | 16.6 | 16.8 | 13.0 | 23.9 | 26.0 | 24.3 |
| Malawi | 6.4 | 6.5 | 8.9 | 2.6 | 2.3 | 0.8 | 0.7 | 2.6 | 1.5 | N/A | 1.9 | 4.4 | 15.3 |
| Sudan | 7.3 | 6.2 | 8.0 | 6.2 | 2.5 | 7.9 | 8.7 | 11.4 | 9.7 | 2.3 | 7.5 | 3.9 | 3.0 |
| Others | 0.2 | < 0.1 | 0.5 | < 0.1 | 0.2 | 0.4 | 2.0 | 1.7 | 0.6 | 2.5 | 1.9 | 1.9 | 3.8 |
| Total | 75.3 | 113 | 134 | 70.3 | 66.0 | 58.5 | 69.7 | 36.1 | 31.4 | 23.2 | 44.7 | 69.4 | 169 |
Imports by Country
In October 2023, Mozambique (85K tons) constituted the largest pigeon peas supplier to India, with a 51% share of total imports. Moreover, pigeon peas imports from Mozambique exceeded the figures recorded by the second-largest supplier, Tanzania (41K tons), twofold. The third position in this ranking was held by Myanmar (18K tons), with an 11% share.
From October 2022 to October 2023, the average monthly rate of growth in terms of volume from Mozambique totaled +6.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Tanzania (+2.1% per month) and Myanmar (-0.7% per month).
In value terms, Mozambique ($79M), Tanzania ($43M) and Myanmar ($24M) constituted the largest pigeon peas suppliers to India, together comprising 87% of total imports.
Mozambique, with a CAGR of +10.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In October 2023, the pigeon peas price stood at $1,018 per ton (CIF, India), declining by -7.4% against the previous month. Over the period under review, import price indicated a pronounced increase from October 2022 to October 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, pigeon peas import price decreased by -12.5% against August 2023 indices. The pace of growth appeared the most rapid in May 2023 an increase of 13% month-to-month. The import price peaked at $1,163 per ton in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were Myanmar ($1,347 per ton) and Sudan ($1,343 per ton), while the price for Mozambique ($935 per ton) and Malawi ($942 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Tanzania (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the pigeon peas market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 197 - Pigeon peas
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
