Latin America and the Caribbean: Pigeon Peas Market 2025

Pigeon Peas Market Size in Latin America and the Caribbean

The Latin American pigeon peas market declined modestly to $X in 2021, falling by -2.3% against the previous year. Overall, consumption recorded a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Pigeon Peas Production in Latin America and the Caribbean

In value terms, pigeon peas production reduced modestly to $X in 2021 estimated in export price. In general, production saw a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of 22% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2021 were the Dominican Republic (X tons), Haiti (X tons) and Colombia (X tons), together accounting for 79% of total production.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Colombia (with a CAGR of +16.8%), while production for the other leaders experienced more modest paces of growth.

In 2021, the average yield of pigeon peas in Latin America and the Caribbean fell to X kg per ha, waning by -14.1% on the previous year. In general, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by 35%. Over the period under review, the pigeon peas yield attained the peak level at X tons per ha in 2020, and then contracted in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The pigeon peas harvested area expanded notably to X ha in 2021, increasing by 14% compared with the previous year's figure. Over the period under review, the harvested area, however, recorded a abrupt descent. Over the period under review, the harvested area dedicated to pigeon peas production reached the maximum at X ha in 2014; however, from 2015 to 2021, the harvested area remained at a lower figure.

Pigeon Peas Exports

Exports in Latin America and the Caribbean

In 2021, approx. X tons of pigeon peas were exported in Latin America and the Caribbean; which is down by -29.4% against the previous year's figure. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 89% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, pigeon peas exports declined remarkably to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 48% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Peru (X tons) and Ecuador (X tons) dominates exports structure, together mixing up 91% of total exports. It was distantly followed by Mexico (X tons), committing a 7% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Peru (with a CAGR of +21.5%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Peru ($X) remains the largest pigeon peas supplier in Latin America and the Caribbean, comprising 62% of total exports. The second position in the ranking was held by Ecuador ($X), with a 28% share of total exports.

In Peru, pigeon peas exports expanded at an average annual rate of +17.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Ecuador (-2.6% per year) and Mexico (+12.7% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, growing by 18% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the export price increased by 23%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+3.0%), while the other leaders experienced a decline in the export price figures.

Pigeon Peas Imports

Imports in Latin America and the Caribbean

In 2021, pigeon peas imports in Latin America and the Caribbean shrank sharply to X tons, with a decrease of -29.7% on the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 83% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, pigeon peas imports dropped dramatically to $X in 2021. Total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -42.1% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by 80%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Peru represented the main importer of pigeon peas in Latin America and the Caribbean, with the volume of imports amounting to X tons, which was near 49% of total imports in 2021. It was distantly followed by the Dominican Republic (X tons), Chile (X tons), Jamaica (X tons), Panama (X tons) and Trinidad and Tobago (X tons), together making up a 42% share of total imports. Bolivia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to pigeon peas imports into Peru stood at -5.0%. At the same time, Panama (+146.4%), Chile (+30.4%), the Dominican Republic (+23.5%), Trinidad and Tobago (+21.7%) and Jamaica (+20.7%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +146.4% from 2012-2021. By contrast, Bolivia (-5.1%) illustrated a downward trend over the same period. The Dominican Republic (+12 p.p.), Chile (+8.5 p.p.), Panama (+6.1 p.p.), Jamaica (+5.4 p.p.) and Trinidad and Tobago (+4.8 p.p.) significantly strengthened its position in terms of the total imports, while Bolivia and Peru saw its share reduced by -2.1% and -24% from 2012 to 2021, respectively.

In value terms, Peru ($X) constitutes the largest market for imported pigeon peas in Latin America and the Caribbean, comprising 42% of total imports. The second position in the ranking was taken by the Dominican Republic ($X), with an 18% share of total imports. It was followed by Panama, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value in Peru was relatively modest. In the other countries, the average annual rates were as follows: the Dominican Republic (+24.0% per year) and Panama (+162.3% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, picking up by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2020 when the import price increased by 28%. 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 Panama ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bolivia (+19.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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