Report Update Apr 1, 2024

Hungary - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Pigeon Peas Market 2024

Pigeon Peas Market Size in Hungary

The Hungarian pigeon peas market soared to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, saw a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Pigeon Peas Production in Hungary

In value terms, pigeon peas production reduced remarkably to $X in 2022 estimated in export price. In general, production, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Pigeon peas production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The average yield of pigeon peas in Hungary totaled less than X kg per ha in 2022, approximately reflecting the year before. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of pigeon peas were harvested in Hungary; approximately mirroring the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern.

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Pigeon Peas Exports

Exports from Hungary

In 2022, after four years of decline, there was significant decline in overseas shipments of pigeon peas, when their volume decreased by X% to X tons. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, pigeon peas exports declined dramatically to $X in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Serbia (X tons) was the main destination for pigeon peas exports from Hungary, accounting for a X% share of total exports. Moreover, pigeon peas exports to Serbia exceeded the volume sent to the second major destination, Poland (X tons), twofold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Serbia totaled X%.

In value terms, the largest markets for pigeon peas exported from Hungary were Serbia ($X) and Poland ($X).

Serbia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average pigeon peas export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, showed a perceptible decrease. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Serbia amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%).

Pigeon Peas Imports

Imports into Hungary

Pigeon peas imports into Hungary declined notably to X kg in 2022, which is down by X% on 2021 figures. Over the period under review, imports, however, enjoyed a tangible increase. Over the period under review, imports reached the maximum at X kg in 2021, and then dropped notably in the following year.

In value terms, pigeon peas imports shrank notably to $X in 2022. Overall, imports saw a perceptible curtailment. Imports peaked at $X in 2021, and then fell significantly in the following year.

Imports by Country

India (X kg) and the Netherlands (X kg) were the main suppliers of pigeon peas imports to Hungary.

From 2014 to 2022, the biggest increases were recorded for India (with a CAGR of X%).

In value terms, the largest pigeon peas suppliers to Hungary were India ($X) and the Netherlands ($X).

Among the main suppliers, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average pigeon peas import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for the Netherlands stood at $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

India constituted the country with the largest volume of pigeon peas consumption, accounting for 84% of total volume. Moreover, pigeon peas consumption in India exceeded the figures recorded by the second-largest consumer, Malawi, more than tenfold. Kenya ranked third in terms of total consumption with a 2.3% share.

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

India constituted the country with the largest volume of pigeon peas production, accounting for 75% of total volume. Moreover, pigeon peas production in India exceeded the figures recorded by the second-largest producer, Malawi, ninefold. The third position in this ranking was taken by Myanmar, with a 6.5% share.

What are the leading suppliers of pigeon peas to Hungary?

In value terms, the largest pigeon peas suppliers to Hungary were India $99) and the Netherlands $67).

What are the leading importers of pigeon peas from Hungary?

In value terms, Serbia and Poland appeared to be the largest markets for pigeon peas exported from Hungary worldwide.

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

The average pigeon peas export price stood at $456 per ton in 2022, picking up by 13% against the previous year.

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

In 2022, the average pigeon peas import price amounted to $2,075 per ton, shrinking by -19.9% against the previous year.

This report provides an in-depth analysis of the pigeon peas market in Hungary. 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:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023