Report Update Nov 1, 2024

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

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Panama: Pigeon Peas Market 2020

Pigeon Peas Market Size in Panama

The revenue of the pigeon peas market in Panama amounted to $X in 2018, coming down by -X% against the previous year. Overall, pigeon peas consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. In that year, the pigeon peas market attained its peak level of $X. From 2015 to 2018, the growth of the pigeon peas market remained at a somewhat lower figure.

Pigeon Peas Production in Panama

In value terms, pigeon peas production amounted to $X in 2018 estimated in export prices. Over the period under review, pigeon peas production continues to indicate a measured shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. In that year, pigeon peas production attained its peak level of $X. From 2015 to 2018, pigeon peas production growth remained at a somewhat lower figure.

Average yield of pigeon peas in Panama amounted to X kg per ha in 2018, approximately mirroring the previous year. In general, the pigeon peas yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the pigeon peas yield reached its peak figure level at X kg per ha in 2011; however, from 2012 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the pigeon peas harvested area in Panama amounted to X ha, leveling off at the previous year. Over the period under review, the pigeon peas harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to pigeon peas production reached its peak figure at X ha in 2007; however, from 2008 to 2018, harvested area remained at a lower figure.

Pigeon Peas Exports

Exports by Country

The countries with the highest levels of pigeon peas exports in 2018 were Mozambique (X tons), together reaching X% of total export.

Mozambique was also the fastest-growing in terms of the pigeon peas exports, with a CAGR of +X% from 2007 to 2018. While the share of Mozambique (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mozambique ($X) also remains the largest pigeon peas supplier from Panama.

In Mozambique, pigeon peas exports increased at an average annual rate of +X% over the period from 2007-2018.

Export Prices by Country

In 2018, the pigeon peas export price in Panama amounted to $X per ton, remaining stable against the previous year. In general, the pigeon peas export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for pigeon peas attained their maximum at $X per ton in 2014; however, from 2015 to 2018, 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 Mozambique.

From 2007 to 2018, the rate of growth in terms of prices for Mozambique amounted to -X% per year.

Pigeon Peas Imports

Imports into Panama

In 2018, the amount of pigeon peas imported into Panama amounted to X tons, shrinking by -X% against the previous year. In general, pigeon peas imports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2016 with a decrease of -X% y-o-y. Panama imports peaked at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, pigeon peas imports totaled $X in 2018. In general, pigeon peas imports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2014 with a decrease of -X% year-to-year. Over the period under review, pigeon peas imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

India prevails in pigeon peas imports structure, accounting for X tons, which was near X% of total imports in 2018. The U.S. (X tons) took a little share of total imports.

India was also the fastest-growing in terms of the pigeon peas imports, with a CAGR of +X% from 2007 to 2018. At the same time, the U.S. (+X%) displayed positive paces of growth. While the share of India (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported pigeon peas into Panama, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports.

From 2007 to 2018, the average annual rate of growth in terms of value in India amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Panama (-X% per year).

Import Prices by Country

The pigeon peas import price in Panama stood at $X per ton in 2018, increasing by X% against the previous year. In general, the pigeon peas import price continues to indicate a remarkable expansion. The growth pace was the most rapid in 2015 when the import price increased by X% year-to-year. Over the period under review, the import prices for pigeon peas reached their maximum in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while India stood at $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

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

Panama

Data coverage:

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