Canada: Pigeon Peas Market 2024

Pigeon Peas Market Size in Canada

The Canadian pigeon peas market contracted rapidly to $X in 2021, reducing by -87.1% against the previous year. In general, consumption continues to indicate a sharp decrease. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Pigeon Peas Production in Canada

In value terms, pigeon peas production rose notably to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by 48%. Pigeon peas production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

In 2021, the average pigeon peas yield in Canada stood at less than X kg per ha, therefore, remained relatively stable against 2020 figures. In general, the yield showed 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.

The pigeon peas harvested area in Canada totaled less than X ha in 2021, approximately reflecting 2020. Over the period under review, the harvested area showed a relatively flat trend pattern.

Pigeon Peas Exports

Exports from Canada

In 2021, the amount of pigeon peas exported from Canada surged to X tons, increasing by 22% against the previous year's figure. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 1,881%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, pigeon peas exports contracted sharply to $X in 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 2,805% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for pigeon peas exports from Canada, with a 93% share of total exports. Moreover, pigeon peas exports to China exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to China stood at +573.7%.

In value terms, China ($X) emerged as the key foreign market for pigeon peas exports from Canada, comprising 84% of total exports. The second position in the ranking was held by the United States ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China amounted to +476.0%.

Export Prices by Country

The average pigeon peas export price stood at $X per ton in 2021, waning by -40.2% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 47% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.5%).

Pigeon Peas Imports

Imports into Canada

In 2021, imports of pigeon peas into Canada declined sharply to X tons, waning by -24.3% on the previous year's figure. Over the period under review, imports, however, posted a measured expansion. The most prominent rate of growth was recorded in 2016 with an increase of 53% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then reduced sharply in the following year.

In value terms, pigeon peas imports reduced to $X in 2021. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 59%. Over the period under review, imports hit record highs at $X in 2020, and then declined in the following year.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of pigeon peas to Canada, accounting for a 82% share of total imports. Moreover, pigeon peas imports from India exceeded the figures recorded by the second-largest supplier, Ecuador (X tons), more than tenfold. Thailand (X tons) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India totaled +29.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+19.9% per year) and Thailand (-12.7% per year).

In value terms, India ($X) constituted the largest supplier of pigeon peas to Canada, comprising 78% of total imports. The second position in the ranking was held by Ecuador ($X), with an 8.2% share of total imports. It was followed by Costa Rica, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value from India amounted to +30.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+18.9% per year) and Costa Rica (0.0% per year).

Import Prices by Country

In 2021, the average pigeon peas import price amounted to $X per ton, growing by 20% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2015 an increase of 29%. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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