Malaysia - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPigeon Peas Price in Malaysia - 2023
Contents:
- Pigeon Peas Price in Malaysia (CIF) - 2022
- Pigeon Peas Price in Malaysia (FOB) - 2022
- Pigeon Peas Imports in Malaysia
- Pigeon Peas Exports in Malaysia
Pigeon Peas Price in Malaysia (CIF) - 2022
In 2022, the average pigeon peas import price amounted to $1,034 per ton, standing approx. at the previous year. Overall, import price indicated a perceptible increase from 2013 to 2022: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pigeon peas import price increased by +95.7% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 59% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($1,124 per ton) and India ($1,113 per ton), while the price for Mozambique ($940 per ton) and Myanmar ($1,080 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Pigeon Peas Price in Malaysia (FOB) - 2022
The average pigeon peas export price stood at $1,221 per ton in 2022, declining by -11% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 37% against the previous year. The export price peaked at $1,736 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($1,640 per ton), while the average price for exports to Singapore ($1,215 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.
Pigeon Peas Imports in Malaysia
In 2022, approx. 373 tons of pigeon peas were imported into Malaysia; which is down by -62.6% compared with the previous year. Overall, imports showed a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of 997 tons, and then fell notably in the following year.
In value terms, pigeon peas imports contracted dramatically to $386K in 2022. Over the period under review, imports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $1M, and then fell dramatically in the following year.
| Import of Pigeon Peas in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 45.1 | N/A | 35.6 | 144 | 47.3% |
| Myanmar | N/A | N/A | N/A | 98.0 | 0% |
| India | 256 | 155 | 188 | 64.4 | -36.9% |
| United Arab Emirates | 0.2 | N/A | N/A | 46.6 | 515.3% |
| Malawi | 377 | 265 | 416 | 32.9 | -55.6% |
| Tanzania | N/A | 268 | N/A | N/A | 0% |
| Sudan | N/A | N/A | 381 | N/A | 0% |
| Canada | 87.4 | N/A | N/A | N/A | 0% |
| Others | 57.0 | N/A | 6.8 | N/A | -65.5% |
| Total | 823 | 688 | 1,028 | 386 | -22.3% |
Top Suppliers of Pigeon Peas to Malaysia in 2022:
- Mozambique (153.0 tons)
- Myanmar (90.7 tons)
- India (57.9 tons)
- United Arab Emirates (41.5 tons)
- Malawi (30.0 tons)
Pigeon Peas Exports in Malaysia
In 2022, overseas shipments of pigeon peas decreased by -97.4% to 2.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 22%. As a result, the exports attained the peak of 371 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, pigeon peas exports dropped markedly to $2.6K in 2022. In general, exports recorded a sharp descent. The growth pace was the most rapid in 2020 when exports increased by 63% against the previous year. As a result, the exports reached the peak of $424K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Pigeon Peas in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | N/A | N/A | N/A | 2.4 | 0% |
| Singapore | N/A | 35.7 | 5.1 | 0.1 | -94.7% |
| Indonesia | N/A | N/A | N/A | 0.1 | 0% |
| Sri Lanka | N/A | 118 | N/A | N/A | 0% |
| United States | 40.2 | 73.4 | N/A | N/A | 82.6% |
| India | 143 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 60.9 | N/A | N/A | 0% |
| Australia | 77.7 | 134 | 111 | N/A | 19.5% |
| Others | N/A | 2.6 | N/A | N/A | 0% |
| Total | 261 | 424 | 116 | 2.6 | -78.5% |
Top Export Markets for Pigeon Peas from Malaysia in 2022:
- Brunei Darussalam (2000.0 kg)
- Singapore (93.0 kg)
- Indonesia (50.0 kg)
This report provides an in-depth analysis of the pigeon peas market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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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