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Peru - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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Peru: Pigeon Peas Market Overview 2021

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Pigeon Peas Market Size in Peru

The Peruvian pigeon peas market skyrocketed to $X in 2019, picking up by X% against the previous year. In general, consumption, however, recorded a abrupt curtailment. Pigeon peas consumption peaked at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Pigeon Peas Production in Peru

In value terms, pigeon peas production stood at $X in 2019 estimated in export prices. Overall, production faced a deep setback. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2017 to 2019, production growth remained at a somewhat lower figure.

In 2019, the average yield of pigeon peas in Peru was estimated at X kg per ha, remaining relatively unchanged against the previous year's figure. In general, 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 2019, the harvested area of pigeon peas in Peru amounted to X ha, remaining relatively unchanged against 2018 figures. Over the period under review, the harvested area showed a relatively flat trend pattern.

Pigeon Peas Exports

Exports from Peru

In 2019, shipments abroad of pigeon peas was finally on the rise to reach X tonnes after two years of decline. Overall, exports posted significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pigeon peas exports skyrocketed to $X in 2019. Over the period under review, exports saw a significant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Cabo Verde (X tonnes), Portugal (X tonnes) and the U.S. (X tonnes) were the main destinations of pigeon peas exports from Peru, together accounting for X% of total exports.

From 2012 to 2019, the biggest increases were in Cabo Verde (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pigeon peas exported from Peru were Cabo Verde ($X), Portugal ($X) and the U.S. ($X), together comprising X% of total exports.

Among the main countries of destination, Cabo Verde (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pigeon peas export price stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2019, the countries with the highest prices were the U.S. ($X per tonne) and Portugal ($X per tonne), while the average price for exports to the Dominican Republic ($X per tonne) and Trinidad and Tobago ($X per tonne) were amongst the lowest.

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

Pigeon Peas Imports

Imports into Peru

In 2019, the amount of pigeon peas imported into Peru skyrocketed to X tonnes, picking up by X% compared with the year before. In general, imports showed a resilient expansion. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, pigeon peas imports skyrocketed to $X in 2019. Overall, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, Ecuador (X tonnes) was the main pigeon peas supplier to Peru, with a approx. X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from Ecuador stood at +X%.

In value terms, Ecuador ($X) constituted the largest supplier of pigeon peas to Peru.

From 2012 to 2019, the average annual growth rate of value from Ecuador stood at +X%.

Import Prices by Country

In 2019, the average pigeon peas import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

From 2012 to 2019, the rate of growth in terms of prices for Ecuador amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pigeon peas in the world?
+
Indonesia (1,116M tonnes) remains the largest pigeon peas consuming country worldwide, comprising approx. 100% of total volume.
What are the largest producers of pigeon peas in the world?
+
India (3.3M tonnes) remains the largest pigeon peas producing country worldwide, accounting for 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 Peru?
+
In value terms, Ecuador ($1.5M) constituted the largest supplier of pigeon peas to Peru.
What are the leading importers of pigeon peas from Peru?
+
In value terms, Cabo Verde ($599K), Portugal ($415K) and the U.S. ($339K) were the largest markets for pigeon peas exported from Peru worldwide, together accounting for 59% of total exports.
What is the average export price for pigeon peas in Peru?
+
In 2019, the average pigeon peas export price amounted to $994 per tonne, with a decrease of -25.1% against the previous year.
What is the average import price for pigeon peas in Peru?
+
The average pigeon peas import price stood at $458 per tonne in 2019, increasing by 45% against the previous year.

Product coverage:
• FCL 197 - Pigeon peas

This report provides an in-depth analysis of the pigeon peas market in Peru. 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 2025.


Country coverage:
• Peru

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Peru
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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