India - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPigeon Peas Price in India - 2023
Contents:
- Pigeon Peas Price in India (CIF) - 2023
- Pigeon Peas Price in India (FOB) - 2023
- Pigeon Peas Imports in India
- Pigeon Peas Exports in India
Pigeon Peas Price in India (CIF) - 2023
In October 2023, the average pigeon peas import price amounted to $1,018 per ton, which is down by -7.4% against the previous month. Overall, import price indicated a moderate 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 when the average import price increased by 13% against the previous month. The import price peaked at $1,163 per ton in August 2023; however, from September 2023 to October 2023, import prices stood at a somewhat lower figure.
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.
Pigeon Peas Price in India (FOB) - 2023
The average pigeon peas export price stood at $1,780 per ton in October 2023, surging by 6.1% against the previous month. Over the period under review, export price indicated tangible growth from October 2022 to October 2023: its price increased at an average monthly rate of +2.8% 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 export price increased by +57.9% against December 2022 indices. The pace of growth was the most pronounced in June 2023 when the average export price increased by 18% against the previous month. Over the period under review, the average export prices attained the maximum in October 2023.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was the United States ($2,134 per ton), while the average price for exports to Nepal ($1,203 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Pigeon Peas Imports in India
In 2022, pigeon peas imports into India soared to 882K tons, growing by 31% on the previous year. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, pigeon peas imports surged to $634M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Pigeon Peas in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 160 | 176 | 191 | 325 | 26.6% |
| Myanmar | 5.2 | 0.1 | 15.8 | 156 | 210.7% |
| Tanzania | 79.1 | 102 | 185 | 75.4 | -1.6% |
| Malawi | 50.2 | 1.4 | 41.6 | 41.7 | -6.0% |
| Sudan | 10.2 | 7.7 | 60.0 | 29.4 | 42.3% |
| Others | 5.6 | 16.6 | 20.5 | 7.0 | 7.7% |
| Total | 310 | 304 | 514 | 634 | 26.9% |
Top Suppliers of Pigeon Peas to India in 2022:
- Mozambique (481.8K tons)
- Myanmar (185.1K tons)
- Tanzania (110.1K tons)
- Malawi (64.3K tons)
- Sudan (32.1K tons)
Pigeon Peas Exports in India
After three years of growth, shipments abroad of pigeon peas decreased by -19.7% to 25K tons in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 119%.
In value terms, pigeon peas exports shrank to $30M in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 127% against the previous year.
| Export of Pigeon Peas in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.2 | 11.9 | 13.5 | 9.3 | 14.5% |
| United Arab Emirates | 0.1 | 0.5 | 0.6 | 6.8 | 308.2% |
| Canada | 1.9 | 4.0 | 3.9 | 4.1 | 29.2% |
| Nepal | 0.2 | 1.5 | 4.1 | 3.5 | 159.6% |
| Qatar | 0.2 | 0.7 | 1.1 | 1.2 | 81.7% |
| Singapore | 0.2 | 0.8 | 1.7 | 1.0 | 71.0% |
| United Kingdom | 0.1 | 0.8 | 1.2 | 1.0 | 115.4% |
| Australia | 0.4 | 1.0 | 1.0 | 0.8 | 26.0% |
| Others | 1.2 | 2.8 | 4.4 | 2.7 | 31.0% |
| Total | 10.5 | 23.8 | 31.4 | 30.4 | 42.5% |
Top Export Markets for Pigeon Peas from India in 2022:
- United Arab Emirates (6.6K tons)
- United States (6.0K tons)
- Nepal (4.0K tons)
- Canada (3.3K tons)
- Qatar (1.1K tons)
- Singapore (0.8K tons)
- United Kingdom (0.8K tons)
- Australia (0.6K tons)
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
-
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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Pigeon Peas saw a rapid growth of 163% in October 2023, but imports decreased to $110M in November 2023.
166
Import growth remains steady overall, with an impressive surge in the value of Pigeon Peas imports to $169M in October 2023.
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The rate of growth was highest in August 2023 with a 146% increase in imports compared to the previous month. In terms of value, Cow Peas imports significantly dropped to $2.4M in November 2023.
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In June 2023, the Cow Peas price was $737 per ton (CIF, India), showing a 2.9% increase compared to the previous month.
246
The rate of growth of Dry Peas exports reached its peak in December 2022 with a significant 93% increase compared to the previous month. However, in terms of value, exports declined sharply to $286K in July 2023.
318
In November 2022, the lentil price amounted to $761 per ton (CIF, India), picking up by 4.9% against the previous month.
3688
Global pigeon peas consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
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In 2015, the country with the largest volume of the pigeon peas output was India (X thousand tons), accounting for X% of global production.
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France was one of the leaders in the global pigeon pea trade. In 2014, France exported X thousand tons of pigeon peas totaling X thousand USD, a remarkable X% over the previous year. Its primary trading partner was the Netherlands, where it suppli
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In 2015, the countries with the highest levels of production in 2015 were Burkina Faso (X thousand tons), Cameroon (X thousand tons), Niger (X thousand tons), together accounting for X% of total output.
