Pigeon Peas Market
Pigeon peas market: read the latest statistics featured by an Ai-driven market intelligence platform. Data provide consumption, companies, market prices, trade, exports, imports, market size, and production. Here is a breakdown by country, including EU, the U.K., Latin America, China, Russia, the U.S., the Middle East, and Africa. Market dynamics and outlook to 2030 are also provided in the dashboards.
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Pigeon Peas - World's Largest Markets
Rating | Country |
---|---|
1 | India |
2 | Malawi |
3 | Myanmar |
4 | Tanzania |
5 | Kenya |
In value terms, India led the market, alone. The second position in the ranking was occupied by Malawi. It was followed by Myanmar.
From 2018 to 2020, the average annual growth rate of value in India was relatively modest. The remaining consuming countries recorded the following average annual rates of market growth: Malawi (+7.4% per year) and Myanmar (+44.4% per year).
Pigeon Peas Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Kenya | 469 | 679 | 460 | -1.0% |
Tanzania | 606 | 538 | 587 | -1.6% |
Mozambique | 476 | 652 | 615 | 13.7% |
Sudan | 563 | 613 | 658 | 8.1% |
India | 1010 | 1198 | 1241 | 10.8% |
Average | 501 | 618 | 630 | 12.1% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was India ($1,241 per ton), while Kenya ($460 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mozambique, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
United States | 1194 | 1199 | 1383 | 7.6% |
Zimbabwe | 730 | 698 | 639 | -6.4% |
India | 441 | 508 | 584 | 15.1% |
Average | 466 | 533 | 622 | 15.4% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($1,383 per ton), while India ($584 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced mixed trends in the import price figures.
Pigeon Peas - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
India | 204 | 227 | 252 | 11.3% |
United States | 8.2 | 10 | 14 | 31.0% |
Zimbabwe | 4.5 | 6.3 | 13 | 67.4% |
In value terms, India ($252M) constitutes the largest market for imported pigeon peas worldwide, comprising 83% of global imports. The second position in the ranking was occupied by the United States ($14M), with a 4.6% share of global imports.
In India, pigeon peas imports increased at an average annual rate of +11.3% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: the United States (+31.0% per year) and Zimbabwe (+67.4% per year).
Pigeon Peas - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Mozambique | 94 | 103 | 105 | 5.7% |
Tanzania | 77 | 51 | 86 | 5.7% |
India | 9.2 | 11 | 24 | 61.3% |
Kenya | 0.6 | 0.4 | 7.7 | 259.9% |
Sudan | 16 | 7.6 | 7 | -34.1% |
In value terms, Mozambique ($106M), Tanzania ($87M) and India ($24M) constituted the countries with the highest levels of exports in 2020, together accounting for 86% of global exports. Kenya and Sudan lagged somewhat behind, together comprising a further 5.9%.
Kenya (+259.9% per year) saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Pigeon Peas - Market Forecast
Driven by increasing demand for pigeon peas worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Pigeon Peas - Top Companies
Test Company Prod, Spokane Seed Company, Rancho Medio Kilo, S.P.R. de R.L., Agricola La Venta S.A., Latham Hi-Tech Hybrids, Inc., AGROALTOS S.A., Agricola Sol de Villacuri S.A.C., Quality Grains Trading Company, GREEN VEGETABLES & FLOWERS S.A.C., CONO S.A., Viterra USA LLC, Erwin-Keith, Inc., Eastern Colorado Seeds, LLC, SEVEN GABLES CHILE LLC OFICINA DE REPRESENTACION EN CHILE, SPECIALITIES ARGENTINA S.A., Lakeview Hutterian Brethren Inc, Eggishof AG, Agrar GmbH Wormsdorf, Gomes Farms Inc, Pure Line Seeds, Inc.
Pigeon Peas - Product Coverage
- HS 071360 - Vegetables, leguminous; pigeon peas (Cajanus cajan), shelled, whether or not skinned or split, dried
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