U.S. - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPigeon Peas Price in the United States - 2023
Contents:
- Pigeon Peas Price in the United States (CIF) - 2023
- Pigeon Peas Price in the United States (FOB) - 2022
- Pigeon Peas Imports in the United States
- Pigeon Peas Exports in the United States
Pigeon Peas Price in the United States (CIF) - 2023
In November 2023, the average pigeon peas import price amounted to $2,113 per ton, with an increase of 14% against the previous month. Over the period from December 2022 to November 2023, it increased at an average monthly rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was India ($2,139 per ton), while the price for Nigeria ($1,234 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by India (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Pigeon Peas Price in the United States (FOB) - 2022
The average pigeon peas export price stood at $786 per ton in 2022, waning by -28.2% against the previous year. In general, the export price showed a mild decrease. The growth pace was the most rapid in 2013 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $1,195 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($2,304 per ton), while the average price for exports to Barbados ($659 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 Dominican Republic (+19.7%), while the prices for the other major destinations experienced mixed trend patterns.
Pigeon Peas Imports in the United States
In 2022, pigeon peas imports into the United States expanded to 6.3K tons, increasing by 3.7% on 2021 figures. Over the period under review, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year. As a result, imports attained the peak of 10K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, pigeon peas imports rose sharply to $10M in 2022. In general, imports, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Pigeon Peas in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.0 | 12.7 | 8.4 | 8.8 | -0.7% |
| Peru | 0.1 | 0.3 | 0.5 | 0.5 | 71.0% |
| Nigeria | 0.8 | 0.3 | 0.3 | 0.3 | -27.9% |
| Myanmar | 0.2 | 0.4 | 0.1 | N/A | -29.3% |
| Others | 0.3 | 0.4 | 0.2 | 0.3 | 0.0% |
| Total | 10.4 | 14.0 | 9.5 | 10.0 | -1.3% |
Top Suppliers of Pigeon Peas to the United States in 2022:
- India (5.3K tons)
- Nigeria (0.4K tons)
- Peru (0.3K tons)
Pigeon Peas Exports in the United States
In 2022, approx. 199 tons of pigeon peas were exported from the United States; with an increase of 205% compared with the previous year's figure. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pigeon peas exports soared to $157K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Pigeon Peas in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 10.6 | 4.2 | N/A | 69.6 | 87.3% |
| Turks and Caicos Islands | N/A | N/A | N/A | 24.3 | 0% |
| Barbados | 5.9 | 16.3 | 4.3 | 22.9 | 57.2% |
| Jamaica | 46.0 | 47.8 | 52.3 | 22.8 | -20.9% |
| Dominican Republic | N/A | N/A | N/A | 13.7 | 0% |
| India | N/A | 24.2 | N/A | N/A | 0% |
| Others | 6.4 | 15.5 | 14.9 | 3.4 | -19.0% |
| Total | 68.9 | 108 | 71.4 | 157 | 31.6% |
Top Export Markets for Pigeon Peas from the United States in 2022:
- Canada (105.8 tons)
- Barbados (34.7 tons)
- Jamaica (34.5 tons)
- Turks and Caicos Islands (16.5 tons)
- Dominican Republic (6.0 tons)
This report provides an in-depth analysis of the pigeon peas market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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As of July 2023, the price of pigeon peas amounted to $1,742 per ton (CIF, US), showing a 1.9% increase compared to the previous month.
274
Dry Bean exports decreased to $40M in July 2023 in terms of value.
372
In July 2022, the pulses price per ton amounted to $996, surging by 2.2% against the previous month.
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The pulses price per ton stood at $1,025 (FOB, US) in May 2022, remaining stable against the previous month.
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In June 2022, the lentil price per tonamounted to $924 per ton, reducing by -4.4% against the previous month.
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The average export lentil price per ton stood at $892 in Apr 2022, reducing by -8.6% against the previous month.
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