Ghana: Pigeon Peas Market 2024

Pigeon Peas Market Size in Ghana

In 2021, the Ghanian pigeon peas market decreased by -40.1% to $X, falling for the second consecutive year after eight years of growth. Over the period under review, consumption, however, enjoyed significant growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Pigeon Peas Production in Ghana

In value terms, pigeon peas production shrank dramatically to $X in 2021 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +72.7% against 2012 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. As a result, production attained the peak level of $X, and then dropped markedly in the following year.

The average yield of pigeon peas in Ghana totaled less than X kg per ha in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the yield recorded 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 pigeon peas harvested area in Ghana totaled less than X ha, approximately reflecting the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Pigeon Peas Exports

Exports from Ghana

In 2021, overseas shipments of pigeon peas increased by 59% to X tons, rising for the second year in a row after seven years of decline. Overall, exports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 337% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, pigeon peas exports soared to $X in 2021. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 643% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for pigeon peas exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -4.9%.

In value terms, the United States ($X) emerged as the key foreign market for pigeon peas exports from Ghana.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +6.4%.

Export Prices by Country

In 2021, the average pigeon peas export price amounted to $X per ton, surging by 17% against the previous year. Over the period under review, the export price showed a strong increase. The growth pace was the most rapid in 2020 an increase of 70%. The export price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +11.9% per year.

Pigeon Peas Imports

Imports into Ghana

In 2021, the amount of pigeon peas imported into Ghana fell dramatically to X kg, reducing by -27.1% on the year before. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by 2,226% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, pigeon peas imports fell notably to $X in 2021. In general, imports faced a abrupt curtailment. The growth pace was the most rapid in 2019 when imports increased by 1,689%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X kg) constituted the largest supplier of pigeon peas to Ghana, with a 78% share of total imports. Moreover, pigeon peas imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled +25.9%.

In value terms, the United Arab Emirates ($X) and India ($X) were the largest pigeon peas suppliers to Ghana.

The United Arab Emirates, with a CAGR of +4.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2021, the average pigeon peas import price amounted to $X per ton, growing by 15% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pigeon peas import price increased by +71.0% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of 39% against the previous year. The import price peaked in 2021 and is likely to see gradual 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 India ($X per ton), while the price for the United Arab Emirates amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+74.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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