Global Pigeon Peas Market 2024

Pigeon Peas Market Size

In 2021, the global pigeon peas market increased by 0.3% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.6% 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 increased by +15.0% against 2019 indices. Global consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Pigeon Peas Production

In value terms, pigeon peas production declined to $X in 2021 estimated in export price. Over the period under review, production posted a remarkable increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 59%. As a result, production attained the peak level of $X. From 2016 to 2021, global production growth remained at a lower figure.

India (X tons) remains the largest pigeon peas producing country worldwide, comprising approx. 76% of total volume. Moreover, pigeon peas production in India exceeded the figures recorded by the second-largest producer, Malawi (X tons), tenfold. The third position in this ranking was taken by Myanmar (X tons), with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume in India totaled +5.6%. The remaining producing countries recorded the following average annual rates of production growth: Malawi (+7.4% per year) and Myanmar (-6.3% per year).

In 2021, the global average yield of pigeon peas reduced slightly to X kg per ha, with a decrease of -2.9% compared with the previous year. The yield figure increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 23% against the previous year. The global yield peaked at X kg per ha in 2018; however, from 2019 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the global harvested area of pigeon peas rose rapidly to X ha, surging by 12% against the previous year's figure. The harvested area increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the harvested area increased by 25% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2018 to 2021, the growth of the global pigeon peas harvested area remained at a lower figure.

Pigeon Peas Exports

Exports

In 2021, overseas shipments of pigeon peas increased by 54% to X tons, rising for the second year in a row after three years of decline. In general, exports continue to indicate a pronounced expansion. The pace of growth was the most pronounced in 2020 with an increase of 109% against the previous year. Over the period under review, the global exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, pigeon peas exports surged to $X in 2021. Over the period under review, exports posted measured growth. The growth pace was the most rapid in 2020 with an increase of 144% against the previous year. Over the period under review, the global exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Tanzania (X tons) and Myanmar (X tons) represented the largest exporters of pigeon peasaround the world, together amounting to near 68% of total exports. Sudan (X tons) took the next position in the ranking, followed by Mozambique (X tons) and India (X tons). All these countries together took approx. 25% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Mozambique (with a CAGR of +224.4%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Myanmar ($X), Tanzania ($X) and Sudan ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 79% of global exports. India and Mozambique lagged somewhat behind, together accounting for a further 14%.

Mozambique, with a CAGR of +389.6%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average pigeon peas export price stood at $X per ton in 2021, picking up by 13% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +2.3% 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 export price increased by +45.4% against 2018 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 37%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+51.0%), while the other global leaders experienced more modest paces of growth.

Pigeon Peas Imports

Imports

In 2021, approx. X tons of pigeon peas were imported worldwide; rising by 41% on 2020. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,076% against the previous year. Global imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, pigeon peas imports soared to $X in 2021. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2013 with an increase of 663%. Global imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

India dominates imports structure, reaching X tons, which was approx. 91% of total imports in 2021. The following importers - the United Arab Emirates (X tons) and Nepal (X tons) - together made up 5% of total imports.

From 2012 to 2021, average annual rates of growth with regard to pigeon peas imports into India stood at +7.6%. At the same time, Nepal (+41.8%) and the United Arab Emirates (+35.4%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in the world, with a CAGR of +41.8% from 2012-2021. While the share of India (+91 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported pigeon peas worldwide, comprising 90% of global imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 2.8% share of global imports.

From 2012 to 2021, the average annual growth rate of value in India stood at +9.8%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+22.4% per year) and Nepal (+43.7% per year).

Import Prices by Country

In 2021, the average pigeon peas import price amounted to $X per ton, picking up by 12% against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 38% against the previous year. Global import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Nepal ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.0%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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