Report Update Nov 1, 2024

Northern America - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Pigeon Peas Market 2024

Pigeon Peas Market Size in Northern America

In 2021, the North American pigeon peas market decreased by -41.4% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Pigeon Peas Production in Northern America

In value terms, pigeon peas production rose markedly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 48% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Canada (X tons) remains the largest pigeon peas producing country in Northern America, accounting for 100% of total volume.

In Canada, pigeon peas production remained relatively stable over the period from 2012-2021.

Pigeon Peas Exports

Exports in Northern America

Pigeon peas exports skyrocketed to X tons in 2021, increasing by 21% against the previous year. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 240%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, pigeon peas exports reduced notably to $X in 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 409% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of pigeon peas, namely Canada, represented more than two-thirds of total export.

Canada was also the fastest-growing in terms of the pigeon peas exports, with a CAGR of +72.1% from 2012 to 2021. While the share of Canada (+62 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) also remains the largest pigeon peas supplier in Northern America.

From 2012 to 2021, the average annual rate of growth in terms of value in Canada totaled +56.0%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, shrinking by -39.8% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the export price increased by 126%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -9.4% per year.

Pigeon Peas Imports

Imports in Northern America

In 2021, after two years of growth, there was significant decline in overseas purchases of pigeon peas, when their volume decreased by -39.9% to X tons. Overall, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by 91% against the previous year. The volume of import peaked at X tons in 2020, and then contracted significantly in the following year.

In value terms, pigeon peas imports fell sharply to $X in 2021. In general, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 108% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then dropped significantly in the following year.

Imports by Country

The United States represented the largest importing country with an import of around X tons, which recorded 88% of total imports. It was distantly followed by Canada (X tons), constituting a 12% share of total imports.

The United States was also the fastest-growing in terms of the pigeon peas imports, with a CAGR of +18.1% from 2012 to 2021. At the same time, Canada (+4.0%) displayed positive paces of growth. While the share of the United States (+18 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-17.9 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported pigeon peas in Northern America, comprising 88% of total imports. The second position in the ranking was taken by Canada ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at +13.1%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, increasing by 16% against the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The growth pace was the most rapid in 2015 an increase of 25%. The level of import 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 Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pigeon peas in Northern America?

The U.S. remains the largest pigeon peas consuming country in Northern America, comprising approx. 96% of total volume. Moreover, pigeon peas consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada, more than tenfold.

What are the largest producers of pigeon peas in Northern America?

Canada constituted the country with the largest volume of pigeon peas production, accounting for 100% of total volume.

What are the leading suppliers of pigeon peas in Northern America?

In value terms, Canada remains the largest pigeon peas supplier in Northern America, comprising 97% of total exports. The second position in the ranking was occupied by the U.S., with a 3.4% share of total exports.

What are the leading importers of pigeon peas in Northern America?

In value terms, the U.S. constitutes the largest market for imported pigeon peas in Northern America, comprising 90% of total imports. The second position in the ranking was occupied by Canada, with a 9.6% share of total imports.

What is the average export price for pigeon peas in Northern America?

In 2020, the pigeon peas export price in Northern America amounted to $767 per ton, shrinking by -24.9% against the previous year.

What is the average import price for pigeon peas in Northern America?

In 2020, the pigeon peas import price in Northern America amounted to $1,381 per ton, rising by 15% against the previous year.

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

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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. CONSUMPTION BY COUNTRY
3. 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 VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Harvested Area, By Country, 2012-2023
7. Yield, By Country, 2012-2023
8. Imports, In Physical Terms, By Country, 2012–2023
9. Imports, In Value Terms, By Country, 2012–2023
10. Import Prices, By Country Of Destination, 2012–2023
11. Exports, In Physical Terms, By Country, 2012–2023
12. Exports, In Value Terms, By Country, 2012–2023
13. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2023
19. Production, In Value Terms, 2012–2023
20. Area Harvested, 2012–2023
21. Yield, 2012–2023
22. Production, By Country, 2023
23. Production, In Physical Terms, By Country, 2012–2023
24. Harvested Area, By Country, 2023
25. Harvested Area, By Country, 2012-2023
26. Yield, By Country, 2012-2023
27. Imports, In Physical Terms, 2012–2023
28. Imports, In Value Terms, 2012–2023
29. Imports, In Physical Terms, By Country, 2023
30. Imports, In Physical Terms, By Country, 2012–2023
31. Imports, In Value Terms, By Country, 2012–2023
32. Import Prices, By Country, 2012–2023
33. Exports, In Physical Terms, 2012–2023
34. Exports, In Value Terms, 2012–2023
35. Exports, In Physical Terms, By Country, 2023
36. Exports, In Physical Terms, By Country, 2012–2023
37. Exports, In Value Terms, By Country, 2012–2023
38. Export Prices, 2012–2023