Thailand: Pigeon Peas Market Overview 2021

Pigeon Peas Market Size in Thailand

In 2019, the Thai pigeon peas market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption showed a dramatic curtailment. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Pigeon peas consumption peaked at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.

Pigeon Peas Production in Thailand

In value terms, pigeon peas production stood at $X in 2019 estimated in export prices. Overall, production showed a significant curtailment. Pigeon peas production peaked at $X in 2012; however, from 2013 to 2019, production remained at a lower figure.

The average yield of pigeon peas in Thailand stood at X kg per ha in 2019, therefore, remained relatively stable against 2018 figures. In general, the yield saw 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 total area harvested in terms of pigeon peas production in Thailand totaled X ha, almost unchanged from 2018 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Pigeon Peas Exports

Exports from Thailand

In 2019, overseas shipments of pigeon peas increased by X% to X tonnes, rising for the third year in a row after four years of decline. Overall, exports, however, recorded a abrupt slump. Over the period under review, exports reached the maximum at X tonnes in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, pigeon peas exports reduced to $X in 2019. In general, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

Myanmar (X tonnes) was the main destination for pigeon peas exports from Thailand, accounting for a X% share of total exports. Moreover, pigeon peas exports to Myanmar exceeded the volume sent to the second major destination, the U.S. (X tonnes), twofold. Canada (X tonnes) ranked third in terms of total exports with a X% share.

From 2012 to 2019, the average annual growth rate of volume to Myanmar totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Canada (-X% per year).

In value terms, Myanmar ($X) emerged as the key foreign market for pigeon peas exports from Thailand, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2019, the average annual growth rate of value to Myanmar totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Canada (-X% per year).

Export Prices by Country

The average pigeon peas export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2017 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Canada ($X per tonne), while the average price for exports to India ($X per tonne) was amongst the lowest.

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

Pigeon Peas Imports

Imports into Thailand

In 2019, supplies from abroad of pigeon peas decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. In general, imports showed a precipitous slump. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, pigeon peas imports reduced sharply to $X in 2019. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2017 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, India (X tonnes) constituted the largest supplier of pigeon peas to Thailand, with a X% share of total imports. Moreover, pigeon peas imports from India exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tonnes), twofold. Myanmar (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2019, the average annual growth rate of volume from India stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Myanmar (-X% per year).

In value terms, India ($X), the United Arab Emirates ($X) and Myanmar ($X) appeared to be the largest pigeon peas suppliers to Thailand, together accounting for X% of total imports. China lagged somewhat behind, comprising a further X the main suppliers, China (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pigeon peas import price stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, the import price, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the United Arab Emirates ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Myanmar, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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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?

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India (3.3M tonnes) remains the largest pigeon peas producing country worldwide, comprising approx. 68% of total volume. Moreover, pigeon peas production in India exceeded the figures recorded by the second-largest producer, Malawi (465K tonnes), sevenfold. The third position in this ranking was occupied by Myanmar (347K tonnes), with a 7.1% share.

What are the leading suppliers of pigeon peas to Thailand?

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In value terms, India ($19K), the United Arab Emirates ($17K) and Myanmar ($6.2K) constituted the largest pigeon peas suppliers to Thailand, with a combined 96% share of total imports. These countries were followed by China, which accounted for a further 3.7%.

What are the leading importers of pigeon peas from Thailand?

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In value terms, Myanmar ($40K) emerged as the key foreign market for pigeon peas exports from Thailand, comprising 53% of total exports. The second position in the ranking was occupied by the U.S. ($19K), with a 24% share of total exports. It was followed by Canada, with a 17% share.

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

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The average pigeon peas export price stood at $1,123 per tonne in 2019, falling by -26% against the previous year.

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

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In 2019, the average pigeon peas import price amounted to $679 per tonne, declining by -15.6% against the previous year.