Serbia - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPigeon Peas Price in Serbia - 2023
Contents:
- Pigeon Peas Price in Serbia (CIF) - 2022
- Pigeon Peas Price in Serbia (FOB) - 2022
- Pigeon Peas Imports in Serbia
- Pigeon Peas Exports in Serbia
Pigeon Peas Price in Serbia (CIF) - 2022
In 2022, the average pigeon peas import price amounted to $457 per ton, surging by 4.6% against the previous year. Overall, the import price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2018 an increase of 114% against the previous year. As a result, import price reached the peak level of $1,000 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($508 per ton), while the price for Hungary stood at $387 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (-5.1%).
Pigeon Peas Price in Serbia (FOB) - 2022
The average pigeon peas export price stood at $574 per ton in 2022, growing by 14% against the previous year. Over the last two years, it increased at an average annual rate of +10.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for North Macedonia.
From 2020 to 2022, the rate of growth in terms of prices for North Macedonia amounted to +10.7% per year.
Pigeon Peas Imports in Serbia
In 2022, purchases abroad of pigeon peas decreased by -66.2% to 45 tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 835%. As a result, imports reached the peak of 226 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, pigeon peas imports contracted rapidly to $20K in 2022. In general, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2020 when imports increased by 370% against the previous year.
| Import of Pigeon Peas in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | N/A | 13.1 | 0% |
| Hungary | 12.0 | N/A | 57.9 | 7.4 | -14.9% |
| Croatia | N/A | 56.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.0 | 56.4 | 57.9 | 20.5 | 19.5% |
Top Suppliers of Pigeon Peas to Serbia in 2022:
- Slovakia (25.8 tons)
- Hungary (19.0 tons)
Pigeon Peas Exports in Serbia
In 2022, after two years of growth, there was significant decline in shipments abroad of pigeon peas, when their volume decreased by -14.9% to 900 kg. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 165% against the previous year. As a result, the exports reached the peak of 1.1 tons, and then reduced in the following year.
In value terms, pigeon peas exports reduced modestly to $517 in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 186%. As a result, the exports attained the peak of $534, and then reduced in the following year.
| Export of Pigeon Peas in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| North Macedonia | 187 | N/A | 517 | 66.3% | |
| Croatia | N/A | 534 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 187 | 534 | 517 | 66.3% | |
Top Export Markets for Pigeon Peas from Serbia in 2022:
- North Macedonia (900.0 kg)
This report provides an in-depth analysis of the pigeon peas market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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
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4620
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