Jamaica: Pigeon Peas Market 2020

Pigeon Peas Market Size in Jamaica

The revenue of the pigeon peas market in Jamaica amounted to $X in 2018, surging by X% against the previous year. Over the period under review, the total market indicated remarkable growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pigeon peas consumption increased by +X% against 2008 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the pigeon peas market reached its maximum level in 2018 and is expected to retain its growth in the near future.

Pigeon Peas Production in Jamaica

In value terms, pigeon peas production totaled $X in 2018 estimated in export prices. Over the period under review, the total output indicated a strong increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pigeon peas production increased by +X% against 2008 indices. The pace of growth was the most pronounced in 2011 when production volume increased by X% y-o-y. Over the period under review, pigeon peas production attained its peak figure level in 2018 and is likely to continue its growth in the near future.

In 2018, the average yield of pigeon peas in Jamaica totaled X ton per ha, leveling off at the previous year. In general, the pigeon peas yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. In that year, the pigeon peas yield attained its peak level of X ton per ha. From 2015 to 2018, the growth of the pigeon peas yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of pigeon peas were harvested in Jamaica; remaining stable against the previous year. Overall, the pigeon peas harvested area continues to indicate a slight downturn. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. The global pigeon peas harvested area peaked at X ha in 2013; however, from 2014 to 2018, harvested area remained at a lower figure.

Pigeon Peas Exports

Exports from Jamaica

In 2018, the pigeon peas exports from Jamaica stood at X kg, increasing by X% against the previous year. Overall, pigeon peas exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, pigeon peas exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, pigeon peas exports amounted to $X in 2018. In general, pigeon peas exports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. In that year, pigeon peas exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

The countries with the highest levels of pigeon peas exports in 2018 were Mozambique (X tons), together accounting for X% of total export.

Mozambique was also the fastest-growing in terms of the pigeon peas exports, with a CAGR of +X% from 2007 to 2018. While the share of Mozambique (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mozambique ($X) remains the largest pigeon peas supplier from Jamaica, comprising X% of global exports. The second position in the ranking was occupied by Jamaica ($X), with a X% share of global exports.

From 2007 to 2018, the average annual growth rate of value in Mozambique stood at +X%.

Export Prices by Country

The pigeon peas export price in Jamaica stood at $X per ton in 2018, increasing by X% against the previous year. Over the period under review, the export price indicated a resilient expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pigeon peas export price increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. In that year, the export prices for pigeon peas attained their peak level and is likely to continue its growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Mozambique.

From 2007 to 2018, the rate of growth in terms of prices for Mozambique amounted to -X% per year.

Pigeon Peas Imports

Imports into Jamaica

In 2018, the pigeon peas imports into Jamaica stood at X tons, going down by -X% against the previous year. In general, pigeon peas imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. In that year, pigeon peas imports reached their peak of X tons, and then declined slightly in the following year.

In value terms, pigeon peas imports amounted to $X in 2018. Over the period under review, pigeon peas imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, pigeon peas imports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

India dominates pigeon peas imports structure, amounting to X tons, which was near X% of total imports in 2018. The U.S. (X tons) took a little share of total imports.

India was also the fastest-growing in terms of the pigeon peas imports, with a CAGR of +X% from 2007 to 2018. At the same time, the U.S. (+X%) displayed positive paces of growth. From 2007 to 2018, the share of India increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported pigeon peas into Jamaica, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports.

From 2007 to 2018, the average annual growth rate of value in India stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Jamaica (+X% per year).

Import Prices by Country

The pigeon peas import price in Jamaica stood at $X per ton in 2018, rising by X% against the previous year. Over the period under review, the pigeon peas import price, however, continues to indicate an abrupt downturn. The pace of growth was the most pronounced in 2013 when the import price increased by X% year-to-year. Jamaica import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while India stood at $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform