Dominican Republic: Pigeon Peas Market 2024

Pigeon Peas Market Size in the Dominican Republic

The Dominican pigeon peas market expanded remarkably to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Pigeon Peas Production in the Dominican Republic

In value terms, pigeon peas production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

The average yield of pigeon peas in the Dominican Republic dropped to X tons per ha in 2022, flattening at 2021 figures. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the yield increased by X% against the previous year. Over the period under review, the average pigeon peas yield hit record highs at X tons per ha in 2013; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of pigeon peas production in the Dominican Republic dropped slightly to X ha, falling by X% on the year before. Over the period under review, the harvested area showed a mild shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the harvested area dedicated to pigeon peas production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Pigeon Peas Exports

Exports from the Dominican Republic

In 2022, the amount of pigeon peas exported from the Dominican Republic contracted rapidly to X tons, waning by X% compared with the previous year. In general, exports saw a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, pigeon peas exports reduced rapidly to $X in 2022. Overall, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Chile (X tons), France (X tons) and Turks and Caicos Islands (X kg) were the main destinations of pigeon peas exports from the Dominican Republic, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, France ($X) emerged as the key foreign market for pigeon peas exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with an X% share of total exports. It was followed by Turks and Caicos Islands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Turks and Caicos Islands (X% per year).

Export Prices by Country

The average pigeon peas export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price saw a buoyant increase. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Turks and Caicos Islands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pigeon Peas Imports

Imports into the Dominican Republic

In 2022, the amount of pigeon peas imported into the Dominican Republic skyrocketed to X tons, growing by X% against the previous year. Overall, imports posted slight growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, pigeon peas imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Peru (X tons) constituted the largest supplier of pigeon peas to the Dominican Republic, with a X% share of total imports. Moreover, pigeon peas imports from Peru exceeded the figures recorded by the second-largest supplier, Ecuador (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Peru amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (X% per year) and Tanzania (X% per year).

In value terms, Peru ($X) constituted the largest supplier of pigeon peas to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Peru amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the average pigeon peas import price amounted to $X per ton, surging by X% against the previous year. In general, the import price posted prominent growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($X per ton), while the price for Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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