China: Pigeon Peas Market Overview 2021

Pigeon Peas Market Size in China

The Chinese pigeon peas market contracted slightly to $X in 2019, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Pigeon peas consumption peaked at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.

Pigeon Peas Exports

Exports from China

After two years of decline, overseas shipments of pigeon peas increased by X% to X tonnes in 2019. In general, exports, however, recorded a perceptible reduction. Exports peaked at X tonnes in 2013; however, from 2014 to 2019, exports remained at a lower figure.

In value terms, pigeon peas exports shrank slightly to $X in 2019. Overall, exports, however, continue to indicate a drastic downturn. The smallest decline of -X% was in 2018. Exports peaked at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Myanmar (X tonnes) was the main destination for pigeon peas exports from China, with a X% share of total exports. Moreover, pigeon peas exports to Myanmar exceeded the volume sent to the second major destination, the U.S. (X tonnes), eightfold.

From 2012 to 2019, the average annual growth rate of volume to Myanmar amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Japan (-X% per year).

In value terms, Myanmar ($X) remains the key foreign market for pigeon peas exports from China, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of value to Myanmar amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Japan (-X% per year).

Export Prices by Country

In 2019, the average pigeon peas export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2018 an increase of X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while the average price for exports to the U.S. ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced a decline.

Pigeon Peas Imports

Imports into China

In 2019, approx. X tonnes of pigeon peas were imported into China; picking up by X% on 2018 figures. In general, imports, however, showed a noticeable descent. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, pigeon peas imports contracted to $X in 2019. Overall, imports, however, showed a deep contraction. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Tanzania (X tonnes) constituted the largest supplier of pigeon peas to China, accounting for a X% share of total imports. Moreover, pigeon peas imports from Tanzania exceeded the figures recorded by the second-largest supplier, Malawi (X tonnes), tenfold. Canada (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of volume from Tanzania amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malawi (X% per year) and Canada (X% per year).

In value terms, Tanzania ($X) constituted the largest supplier of pigeon peas to China, comprising X% of total imports. The second position in the ranking was occupied by Malawi ($X), with a X% share of total imports. It was followed by Myanmar, with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of value from Tanzania stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malawi (X% per year) and Myanmar (-X% per year).

Import Prices by Country

In 2019, the average pigeon peas import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Myanmar ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pigeon peas in the world?

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The country with the largest volume of pigeon peas consumption was Indonesia (1,116M tonnes), accounting for 100% of total volume.

What are the largest producers of pigeon peas in the world?

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India (3.3M tonnes) remains the largest pigeon peas producing country worldwide, comprising approx. 68% of total volume. Moreover, pigeon peas production in India exceeded the figures recorded by the second-largest producer, Malawi (465K tonnes), sevenfold. Myanmar (347K tonnes) ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of pigeon peas to China?

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In value terms, Tanzania ($3M) constituted the largest supplier of pigeon peas to China, comprising 82% of total imports. The second position in the ranking was occupied by Malawi ($315K), with a 8.7% share of total imports. It was followed by Myanmar, with a 5.2% share.

What are the leading importers of pigeon peas from China?

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In value terms, Myanmar ($7.3K) remains the key foreign market for pigeon peas exports from China, comprising 88% of total exports. The second position in the ranking was occupied by the U.S. ($468), with a 5.6% share of total exports.

What is the average export price for pigeon peas in China?

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In 2019, the average pigeon peas export price amounted to $374 per tonne, which is down by -73.8% against the previous year.

What is the average import price for pigeon peas in China?

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The average pigeon peas import price stood at $653 per tonne in 2019, dropping by -24.6% against the previous year.