Southern Asia: Pigeon Peas Market 2024

Pigeon Peas Market Size in Southern Asia

The South Asian pigeon peas market expanded notably to $X in 2022, surging by X% against the previous year. The total consumption indicated a buoyant expansion 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 increased by X% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Pigeon Peas Production in Southern Asia

In value terms, pigeon peas production stood at $X in 2022 estimated in export price. Over the period under review, production saw a remarkable increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The country with the largest volume of pigeon peas production was India (X tons), accounting for X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in India totaled X%.

In 2022, the average pigeon peas yield in Southern Asia expanded modestly to X kg per ha, picking up by X% compared with the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the pigeon peas yield attained the maximum level at X kg per ha in 2018; however, from 2019 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of pigeon peas were harvested in Southern Asia; remaining constant against the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2017 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2018 to 2022, the growth of the pigeon peas harvested area remained at a lower figure.

Pigeon Peas Exports

Exports in Southern Asia

In 2022, shipments abroad of pigeon peas decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped markedly in the following year.

In value terms, pigeon peas exports declined slightly to $X in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced modestly in the following year.

Exports by Country

In 2022, India (X tons) represented the key exporter of pigeon peas in Southern Asia, comprising X% of total export.

India was also the fastest-growing in terms of the pigeon peas exports, with a CAGR of X% from 2012 to 2022. India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest pigeon peas supplier in Southern Asia.

From 2012 to 2022, the average annual growth rate of value in India totaled X%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Pigeon Peas Imports

Imports in Southern Asia

In 2022, the amount of pigeon peas imported in Southern Asia soared to X tons, picking up by X% compared with 2021 figures. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, pigeon peas imports surged to $X in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

India (X tons) represented roughly X% of total imports in 2022.

India was also the fastest-growing in terms of the pigeon peas imports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported pigeon peas in Southern Asia.

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

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, 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 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform

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