Ecuador - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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Pigeon Peas Market Size in Ecuador
The Ecuadorian pigeon peas market rose markedly to $X in 2021, increasing by 13% against the previous year. In general, consumption showed prominent growth. Pigeon peas consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.
Pigeon Peas Production in Ecuador
In value terms, pigeon peas production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 26%. Pigeon peas production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.
In 2021, the average pigeon peas yield in Ecuador stood at less than X kg per ha, remaining relatively unchanged against 2020. In general, the yield continues to indicate 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 2021, the total area harvested in terms of pigeon peas production in Ecuador totaled less than X ha, remaining stable against 2020 figures. Over the period under review, the harvested area recorded a relatively flat trend pattern.
Pigeon Peas Exports
Exports from Ecuador
In 2021, the amount of pigeon peas exported from Ecuador reduced markedly to X tons, dropping by -28.2% against the previous year. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 401% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.
In value terms, pigeon peas exports plummeted to $X in 2021. Over the period under review, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 207%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
Exports by Country
Peru (X tons) was the main destination for pigeon peas exports from Ecuador, with a 75% share of total exports. Moreover, pigeon peas exports to Peru exceeded the volume sent to the second major destination, the Dominican Republic (X tons), sevenfold. The United States (X tons) ranked third in terms of total exports with a 4% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Peru totaled -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (-1.1% per year) and the United States (-6.1% per year).
In value terms, Peru ($X) remains the key foreign market for pigeon peas exports from Ecuador, comprising 66% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a 13% share of total exports. It was followed by Canada, with a 7.6% share.
From 2012 to 2021, the average annual growth rate of value to Peru amounted to -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (-0.7% per year) and Canada (+6.8% per year).
Export Prices by Country
The average pigeon peas export price stood at $X per ton in 2021, with an increase of 3.5% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pigeon peas export price increased by +42.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Pigeon Peas Imports
Imports into Ecuador
In 2012, the amount of pigeon peas imported into Ecuador amounted to X tons, remaining relatively unchanged against 2011 figures. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports hit record highs in 2012 and are likely to continue growth in the near future.
In value terms, pigeon peas imports totaled $X in 2012. Over the period under review, imports continue to indicate a relatively flat trend pattern. Imports peaked in 2012 and are expected to retain growth in the immediate term.
Imports by Country
In 2012, Peru (X tons) was the main supplier of pigeon peas to Ecuador, with a approx. 100% share of total imports.
From 2012 to 2012, the average annual growth rate of volume from Peru was relatively modest.
In value terms, Peru ($X) constituted the largest supplier of pigeon peas to Ecuador.
From 2012 to 2012, the average annual rate of growth in terms of value from Peru was relatively modest.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pigeon peas market in Ecuador. 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:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- 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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