Australia - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPigeon Peas Price in Australia - 2023
Contents:
- Pigeon Peas Price in Australia (CIF) - 2023
- Pigeon Peas Price in Australia (FOB) - 2022
- Pigeon Peas Imports in Australia
- Pigeon Peas Exports in Australia
Pigeon Peas Price in Australia (CIF) - 2023
The average pigeon peas import price stood at $1,881 per ton in November 2023, with an increase of 4.8% against the previous month. Over the last eleven months, it increased at an average monthly rate of +2.7%. The growth pace was the most rapid in October 2023 an increase of 19% m-o-m. The import price peaked in November 2023.
As there is only one major supplying country, the average price level is determined by prices for India.
From December 2022 to November 2023, the rate of growth in terms of prices for Myanmar amounted to +2.9% per month.
Pigeon Peas Price in Australia (FOB) - 2022
In 2022, the average pigeon peas export price amounted to $604 per ton, which is down by -51.5% against the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 197% against the previous year. As a result, the export price attained the peak level of $1,405 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +1.4% per year.
Pigeon Peas Imports in Australia
In 2022, pigeon peas imports into Australia surged to 1.3K tons, picking up by 53% compared with 2021. Over the period under review, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 107% against the previous year. As a result, imports reached the peak of 2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, pigeon peas imports soared to $1.9M in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 110% against the previous year. As a result, imports attained the peak of $2.3M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Pigeon Peas in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | 14.0 | N/A | 986 | 739.2% |
| India | 635 | 1,921 | 1,035 | 854 | 10.4% |
| Malaysia | 162 | 279 | 190 | 105 | -13.5% |
| Singapore | 115 | 62.5 | N/A | 3.3 | -69.4% |
| United Arab Emirates | 173 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,085 | 2,277 | 1,225 | 1,949 | 21.6% |
Top Suppliers of Pigeon Peas to Australia in 2022:
- Myanmar (649.7 tons)
- India (527.3 tons)
- Malaysia (79.0 tons)
- Singapore (1.5 tons)
Pigeon Peas Exports in Australia
Pigeon peas exports from Australia dropped remarkably to 24 tons in 2022, falling by -36% compared with 2021. Overall, exports faced a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 427% against the previous year.
In value terms, pigeon peas exports shrank rapidly to $15K in 2022. In general, exports saw a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 368% against the previous year. As a result, the exports reached the peak of $47K, and then fell remarkably in the following year.
| Export of Pigeon Peas in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 14.5 | 0% |
| New Zealand | N/A | N/A | 9.9 | N/A | 0% |
| Malaysia | 19.4 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 9.6 | N/A | 0% |
| Brunei Darussalam | 12.5 | N/A | N/A | N/A | 0% |
| India | N/A | 5.1 | 1.4 | N/A | -72.5% |
| Yemen | 8.1 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 4.9 | 25.8 | N/A | 618.3% |
| Total | 40.4 | 10.0 | 46.7 | 14.5 | -28.9% |
Top Export Markets for Pigeon Peas from Australia in 2022:
- Italy (24.0 tons)
This report provides an in-depth analysis of the pigeon peas market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
-
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
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