Northern America: Pigeon Peas Market 2024

Pigeon Peas Market Size in Northern America

The North American pigeon peas market skyrocketed to $X in 2022, with an increase of X% against the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Pigeon Peas Production in Northern America

In value terms, pigeon peas production reduced modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Canada (X tons) constituted the country with the largest volume of pigeon peas production, accounting for X% of total volume.

In Canada, pigeon peas production remained relatively stable over the period from 2012-2022.

Pigeon Peas Exports

Exports in Northern America

In 2022, after two years of growth, there was significant decline in shipments abroad of pigeon peas, when their volume decreased by X% to X tons. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of export peaked at X tons in 2021, and then reduced sharply in the following year.

In value terms, pigeon peas exports declined notably to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Canada was the largest exporter of pigeon peas in Northern America, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by the United States (X tons), constituting a X% share of total exports.

Canada was also the fastest-growing in terms of the pigeon peas exports, with a CAGR of X% from 2012 to 2022. At the same time, the United States (X%) displayed positive paces of growth. While the share of Canada (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, Canada ($X) remains the largest pigeon peas supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

In Canada, pigeon peas exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, saw a pronounced slump. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Pigeon Peas Imports

Imports in Northern America

Pigeon peas imports rose significantly to X tons in 2022, with an increase of X% on 2021 figures. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, pigeon peas imports expanded notably to $X in 2022. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States represented the major importer of pigeon peas in Northern America, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Canada (X tons), generating a X% share of total imports.

The United States was also the fastest-growing in terms of the pigeon peas imports, with a CAGR of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. The United States (X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported pigeon peas in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at X%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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