Bangladesh - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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Pigeon Peas Market Size in Bangladesh
The Bangladeshi pigeon peas market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.
Pigeon Peas Production in Bangladesh
In value terms, pigeon peas production rose to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 43%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.
The average yield of pigeon peas in Bangladesh expanded significantly to X tons per ha in 2021, with an increase of 7.9% against the year before. The yield figure increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 18% against the previous year. The pigeon peas yield peaked at X tons per ha in 2017; afterwards, it flattened through to 2021. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2021, the total area harvested in terms of pigeon peas production in Bangladesh shrank to X ha, falling by -4.1% on 2020. Over the period under review, the harvested area showed a slight slump. The most prominent rate of growth was recorded in 2014 with an increase of 47%. As a result, the harvested area reached the peak level of X ha. From 2015 to 2021, the growth of the pigeon peas harvested area remained at a lower figure.
Pigeon Peas Exports
Exports from Bangladesh
In 2018, overseas shipments of pigeon peas decreased by 0% to X tons for the first time since 2015, thus ending a two-year declining trend. Over the period under review, exports enjoyed significant growth. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the peak figure in 2018 and are expected to retain growth in the near future.
In value terms, pigeon peas exports totaled $X in 2018. In general, exports recorded significant growth. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the maximum in 2018 and are likely to continue growth in years to come.
Exports by Country
Saudi Arabia (X tons) was the main destination for pigeon peas exports from Bangladesh, accounting for a approx. 100% share of total exports.
From 2015 to 2018, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest.
From 2015 to 2018, the average annual rate of growth in terms of value to Saudi Arabia was relatively modest.
Export Prices by Country
In 2018, the average pigeon peas export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2018 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2015 to 2018, the rate of growth in terms of prices for Saudi Arabia amounted to 0.0% per year.
Pigeon Peas Imports
Imports into Bangladesh
In 2021, overseas purchases of pigeon peas increased by 51% to X tons, rising for the second consecutive year after two years of decline. Overall, imports posted moderate growth. The pace of growth was the most pronounced in 2020 with an increase of 213%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.
In value terms, pigeon peas imports soared to $X in 2021. In general, imports recorded a modest increase. The pace of growth was the most pronounced in 2020 when imports increased by 248% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
Imports by Country
India (X tons) and Myanmar (X tons) were the main suppliers of pigeon peas imports to Bangladesh.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +131.6%).
In value terms, India ($X) and Myanmar ($X) were the largest pigeon peas suppliers to Bangladesh.
Among the main suppliers, India, with a CAGR of +88.5%, saw the highest rates of growth with regard to the value of imports, over the period under review.
Import Prices by Country
In 2021, the average pigeon peas import price amounted to $X per ton, shrinking by -9.2% against the previous year. In general, the import price saw a slight setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 11% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Myanmar ($X per ton), while the price for India amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Myanmar (-1.5%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pigeon peas market in Bangladesh. 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:
- Bangladesh
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bangladesh
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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