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Puerto Rico - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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Pigeon Peas Market Size in Puerto Rico
In 2021, the Puerto Rican pigeon peas market decreased by -5.3% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a mild increase. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.
Pigeon Peas Production in Puerto Rico
In value terms, pigeon peas production reduced to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 145%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.
The average yield of pigeon peas in Puerto Rico fell to X tons per ha in 2021, waning by -2% on the previous year. The yield figure increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the yield increased by 31%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2021, the growth of the pigeon peas yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2021, approx. X ha of pigeon peas were harvested in Puerto Rico; with an increase of 1.9% against 2020 figures. Over the period under review, the harvested area, however, saw a slight slump. The growth pace was the most rapid in 2015 with an increase of 34% against the previous year. The global harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area remained at a lower figure.
Pigeon Peas Exports
Exports from Puerto Rico
Pigeon peas exports from Puerto Rico amounted to less than X kg in 2021, remaining constant against 2020 figures. In general, exports saw a relatively flat trend pattern.
In value terms, pigeon peas exports totaled less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.
Exports by Country
Tanzania (X tons) and Myanmar (X tons) represented roughly 68% of total exports in 2021. Sudan (X tons) held the next position in the ranking, followed by Mozambique (X tons), India (X tons) and Malawi (X tons). All these countries together held near 26% share of total exports. Kenya (X tons) took a minor share of total exports.
From 2012 to 2021, the biggest increases were recorded for Mozambique (with a CAGR of +224.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Myanmar ($X), Tanzania ($X) and Sudan ($X) constituted the countries with the highest levels of exports in 2021, together comprising 79% of total exports. These countries were followed by India, Mozambique, Kenya and Malawi, which together accounted for a further 16%.
In terms of the main exporting countries, Mozambique, with a CAGR of +389.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the export price in Puerto Rico amounted to less than $X per ton, remaining constant against the previous year. In general, the export price continues to indicate a relatively flat trend pattern.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($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 leaders experienced more modest paces of growth.
Pigeon Peas Imports
Imports into Puerto Rico
In 2021, imports of pigeon peas into Puerto Rico amounted to less than X kg, remaining relatively unchanged against the year before. Over the period under review, imports showed a relatively flat trend pattern.
In value terms, pigeon peas imports stood at less than $X in 2021. Overall, imports saw a relatively flat trend pattern.
Imports by Country
India prevails in imports structure, resulting at X tons, which was approx. 91% of total imports in 2021. The United Arab Emirates (X tons) and Nepal (X tons) held a minor share of total imports.
Imports into India increased at an average annual rate of +7.6% from 2012 to 2021. At the same time, Nepal (+41.8%) and the United Arab Emirates (+35.4%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in the world, with a CAGR of +41.8% from 2012-2021. From 2012 to 2021, the share of India increased by +91 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, India ($X) constitutes the largest market for imported pigeon peas into Puerto Rico, 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.
In India, pigeon peas imports expanded at an average annual rate of +9.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (+22.4% per year) and Nepal (+43.7% per year).
Import Prices by Country
In 2021, the import price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. Overall, the import price showed a relatively flat trend pattern.
Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Nepal ($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 leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pigeon peas market in Puerto Rico. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Puerto Rico
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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