Report Update Nov 1, 2024

Hungary - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Pigeon Peas Market 2024

Pigeon Peas Market Size in Hungary

After two years of growth, the Hungarian pigeon peas market decreased by -66.1% to $X in 2021. Overall, consumption continues to indicate a deep reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Pigeon Peas Production in Hungary

In value terms, pigeon peas production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible descent. The growth pace was the most rapid in 2017 when the production volume increased by 33%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

The average yield of pigeon peas in Hungary totaled less than X kg per ha in 2021, stabilizing at the year before. In general, the yield saw 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 harvested area of pigeon peas in Hungary amounted to less than X ha, standing approx. at the year before. Over the period under review, the harvested area saw a relatively flat trend pattern.

Pigeon Peas Exports

Exports from Hungary

In 2021, shipments abroad of pigeon peas decreased by 0% to X tons, falling for the third year in a row after three years of growth. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 262%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, pigeon peas exports amounted to $X in 2021. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2016 with an increase of 264%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Serbia (X tons) was the main destination for pigeon peas exports from Hungary, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Serbia stood at +142.4%.

From 2012 to 2021, the average annual rate of growth in terms of value to Serbia totaled +113.7%.

Export Prices by Country

The average pigeon peas export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 22% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Poland amounted to -6.7% per year.

Pigeon Peas Imports

Imports into Hungary

In 2021, overseas purchases of pigeon peas decreased by 0% to X kg, falling for the fourth year in a row after three years of growth. In general, imports showed a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 229% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, pigeon peas imports stood at $X in 2021. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2016 when imports increased by 319%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

India (X kg), Malawi (X kg) and Peru (X kg) were the main suppliers of pigeon peas imports to Hungary.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +27.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Peru ($X) and Malawi ($X) were the largest pigeon peas suppliers to Hungary.

Among the main suppliers, India, with a CAGR of +35.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pigeon peas import price stood at $X per ton in 2021, flattening at the previous year. In general, the import price saw a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 113%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for India ($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 UK (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pigeon peas in the world?

The country with the largest volume of pigeon peas consumption was India, accounting for 77% of total volume. Moreover, pigeon peas consumption in India exceeded the figures recorded by the second-largest consumer, Malawi, tenfold. The third position in this ranking was occupied by Myanmar, with a 6% share.

What are the largest producers of pigeon peas in the world?

India remains the largest pigeon peas producing country worldwide, accounting for 71% of total volume. Moreover, pigeon peas production in India exceeded the figures recorded by the second-largest producer, Malawi, ninefold. Myanmar ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of pigeon peas to Hungary?

In value terms, the UK $328) constituted the largest supplier of pigeon peas to Hungary.

What are the leading importers of pigeon peas from Hungary?

In value terms, the largest markets for pigeon peas exported from Hungary were Poland, Serbia and Romania, together accounting for 100% of total exports.

What is the average export price for pigeon peas in Hungary?

The average pigeon peas export price stood at $462 per ton in 2019, approximately equating the previous year.

What is the average import price for pigeon peas in Hungary?

In 2019, the average pigeon peas import price amounted to $4,824 per ton, jumping by 23% against the previous year.

This report provides an in-depth analysis of the pigeon peas market in Hungary. 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:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023