Thailand: Pigeon Peas Market Overview 2022

Pigeon Peas Market Size in Thailand

The Thai pigeon peas market surged to $X in 2020, picking up by X% against the previous year. In general, consumption, however, showed a precipitous slump. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Pigeon Peas Production in Thailand

In value terms, pigeon peas production surged to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2012 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

In 2020, the average yield of pigeon peas in Thailand was estimated at X kg per ha, remaining relatively unchanged against 2019 figures. Overall, the yield recorded 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 2020, the total area harvested in terms of pigeon peas production in Thailand stood at X ha, approximately reflecting the year before. Overall, the harvested area recorded a relatively flat trend pattern.

Pigeon Peas Exports

Exports from Thailand

In 2020, after three years of growth, there was significant decline in shipments abroad of pigeon peas, when their volume decreased by -X% to X tonnes. In general, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. Exports peaked at X tonnes in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, pigeon peas exports fell significantly to $X in 2020. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2020, 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 approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Myanmar was relatively modest.

From 2012 to 2020, the average annual growth rate of value to Myanmar was relatively modest.

Export Prices by Country

In 2020, the average pigeon peas export price amounted to $X per tonne, jumping by X% against the previous year. In general, the export price enjoyed a prominent increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2020, the rate of growth in terms of prices for Myanmar amounted to X% per year.

Pigeon Peas Imports

Imports into Thailand

In 2020, the amount of pigeon peas imported into Thailand contracted to X tonnes, reducing by -X% compared with 2019 figures. In general, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, pigeon peas imports skyrocketed to $X in 2020. Overall, imports faced a sharp decline. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, India (X tonnes) was the main supplier of pigeon peas to Thailand, accounting for a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from India amounted to -X%.

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

From 2012 to 2020, the average annual growth rate of value from India amounted to +X%.

Import Prices by Country

In 2020, the average pigeon peas import price amounted to $X per tonne, picking up by X% against the previous year. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for India amounted to +X% per year.

Source: IndexBox Platform