Report Republic of Korea - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 1, 2022

Republic of Korea - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Pigeon Peas Market 2022

Pigeon Peas Market Size in Republic of Korea

The South Korean pigeon peas market fell to $X in 2021, which is down 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). Overall, consumption, however, posted prominent growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Pigeon Peas Exports

Exports from Republic of Korea

In 2021, pigeon peas exports from South Korea stood at less than X kg, remaining relatively unchanged against the previous year. Overall, exports recorded a significant increase. Over the period under review, the exports reached the peak figure at X kg in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, pigeon peas exports amounted to less than $X in 2021. In general, exports showed a prominent expansion. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X kg) was the main destination for pigeon peas exports from South Korea, with a approx. X% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to Singapore was relatively modest.

From 2012 to 2017, the average annual rate of growth in terms of value to Singapore was relatively modest.

Export Prices by Country

The average pigeon peas export price stood at $X per ton in 2017, approximately mirroring the previous year. Over the period under review, the export price showed a precipitous contraction. As a result, the export price attained the peak level of $X per ton. From 2014 to 2017, the the average export prices remained at a lower figure.

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

From 2012 to 2017, the rate of growth in terms of prices for Singapore amounted to X% per year.

Pigeon Peas Imports

Imports into Republic of Korea

Pigeon peas imports into South Korea fell to X tons in 2021, with a decrease of -X% compared with the previous year. Overall, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, pigeon peas imports contracted to $X in 2021. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) was the main supplier of pigeon peas to South Korea, with a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to -X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of pigeon peas to South Korea.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates was relatively modest.

Import Prices by Country

The average pigeon peas import price stood at $X per ton in 2021, rising by X% against the previous year. Overall, the import price, however, faced a dramatic curtailment. The pace of growth appeared the most rapid in 2017 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +X% per year.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for pigeon peas in the world?
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India constituted the country with the largest volume of pigeon peas consumption, comprising approx. 80% of total volume. Moreover, pigeon peas consumption in India exceeded the figures recorded by the second-largest consumer, Malawi, more than tenfold. The third position in this ranking was taken by Myanmar, with a 6.1% share.
What are the largest producers of pigeon peas in the world?
+
India remains the largest pigeon peas producing country worldwide, comprising approx. 71% 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 held by Myanmar, with a 6.8% share.
What are the leading suppliers of pigeon peas to Republic of Korea?
+
In value terms, the United Arab Emirates constituted the largest supplier of pigeon peas to South Korea.
What is the average export price for pigeon peas in Republic of Korea?
+
In 2017, the average pigeon peas export price amounted to $1,006 per ton, remaining relatively unchanged against the previous year.
What is the average import price for pigeon peas in Republic of Korea?
+
In 2021, the average pigeon peas import price amounted to $1,075 per ton, growing by 6.2% against the previous year.

This report provides an in-depth analysis of the pigeon peas market in Republic of Korea. 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:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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