CIS: Pigeon Peas Market 2024

Pigeon Peas Market Size in CIS

The CIS pigeon peas market rose remarkably to $X in 2021, growing by 8.8% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +11.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.5% against 2017 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Pigeon Peas Production in CIS

In value terms, pigeon peas production expanded significantly to $X in 2021 estimated in export price. Overall, production showed a noticeable descent. The most prominent rate of growth was recorded in 2019 with an increase of 14%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Uzbekistan (X tons) constituted the country with the largest volume of pigeon peas production, accounting for 64% of total volume. Moreover, pigeon peas production in Uzbekistan exceeded the figures recorded by the second-largest producer, Russia (X tons), twofold.

In Uzbekistan, pigeon peas production increased at an average annual rate of +1.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Russia (+0.1% per year) and Tajikistan (+1.8% per year).

Pigeon Peas Exports

Exports in CIS

In 2019, the amount of pigeon peas exported in the CIS reduced rapidly to X tons, declining by -47.6% on the previous year. Overall, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2016 with an increase of 3,546% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, pigeon peas exports fell rapidly to $X in 2019. In general, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2016 with an increase of 1,496% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

Russia (X tons) represented roughly 100% of total exports in 2019.

Russia was also the fastest-growing in terms of the pigeon peas exports, with a CAGR of +28.7% from 2012 to 2019. From 2012 to 2019, the share of Russia increased by +98 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest pigeon peas supplier in the CIS.

From 2012 to 2019, the average annual growth rate of value in Russia totaled +49.0%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2019, stabilizing at the previous year. Overall, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the export price increased by 202% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2019, the export prices remained at a lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for Russia amounted to +15.7% per year.

Pigeon Peas Imports

Imports in CIS

In 2021, after two years of growth, there was significant decline in supplies from abroad of pigeon peas, when their volume decreased by -54.9% to X tons. Over the period under review, imports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2019 with an increase of 157%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, pigeon peas imports dropped dramatically to $X in 2021. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 229%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Russia represented the key importer of pigeon peas in the CIS, with the volume of imports reaching X tons, which was approx. 70% of total imports in 2021. Armenia (X kg) ranks second in terms of the total imports with a 14% share, followed by Uzbekistan (11%) and Belarus (5.7%).

Imports into Russia increased at an average annual rate of +2.5% from 2012 to 2021. At the same time, Uzbekistan (+19,900.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +19,900.0% from 2012-2021. By contrast, Armenia (-34.5%) and Belarus (-46.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia, Armenia and Uzbekistan increased by +66, +14 and +11 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported pigeon peas in the CIS, comprising 79% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 7.1% share of total imports. It was followed by Armenia, with a 7.1% share.

In Russia, pigeon peas imports increased at an average annual rate of +3.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (+15,750.0% per year) and Armenia (-5.5% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, jumping by 61% against the previous year. In general, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 78% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Armenia (+44.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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