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Trinidad and Tobago - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
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Pigeon Peas Market Size in Trinidad and Tobago
The revenue of the pigeon peas market in Trinidad and Tobago amounted to $X in 2018, declining by -X% against the previous year. Overall, pigeon peas consumption continues to indicate a significant decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Trinidad and Tobago pigeon peas consumption peaked at $X in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.
Pigeon Peas Production in Trinidad and Tobago
In value terms, pigeon peas production stood at $X in 2018 estimated in export prices. In general, pigeon peas production continues to indicate an abrupt curtailment. The growth pace was the most rapid in 2015 when production volume increased by X% against the previous year. In that year, pigeon peas production attained its peak level of $X. From 2016 to 2018, pigeon peas production growth remained at a somewhat lower figure.
Average yield of pigeon peas in Trinidad and Tobago amounted to X ton per ha in 2018, coming down by -X% against the previous year. Over the period under review, the pigeon peas yield continues to indicate a drastic slump. The pace of growth was the most pronounced in 2017 when yield increased by X% year-to-year. Over the period under review, the pigeon peas yield attained its peak figure level at X ton per ha in 2007; however, from 2008 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2018, approx. X ha of pigeon peas were harvested in Trinidad and Tobago; picking up by X% against the previous year. Overall, the pigeon peas harvested area continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2008 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to pigeon peas production attained its maximum at X ha in 2010; however, from 2011 to 2018, harvested area failed to regain its momentum.
Pigeon Peas Exports
Exports by Country
Mozambique (X tons) represented roughly X% of total exports of pigeon peas in 2018.
Mozambique was also the fastest-growing in terms of the pigeon peas exports, with a CAGR of +X% from 2007 to 2018. From 2007 to 2018, the share of Mozambique increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Mozambique ($X) also remains the largest pigeon peas supplier from Trinidad and Tobago.
In Mozambique, pigeon peas exports increased at an average annual rate of +X% over the period from 2007-2018.
Export Prices by Country
The pigeon peas export price in Trinidad and Tobago stood at $X per ton in 2018, approximately equating the previous year. Over the period under review, the pigeon peas export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for pigeon peas reached their peak figure at $X per ton in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.
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 Trinidad and Tobago
In 2018, the pigeon peas imports into Trinidad and Tobago amounted to X tons, going up by X% against the previous year. Over the period under review, pigeon peas imports continue to indicate outstanding growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Trinidad and Tobago imports peaked in 2018 and are likely to continue its growth in the near future.
In value terms, pigeon peas imports amounted to $X in 2018. In general, pigeon peas imports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, pigeon peas imports attained their maximum in 2018 and are expected to retain its growth in the near future.
Imports by Country
India prevails in pigeon peas imports structure, resulting at X tons, which was approx. X% of total imports in 2018. The U.S. (X tons) followed a long way behind the leaders.
India was also the fastest-growing in terms of the pigeon peas imports, with a CAGR of +X% from 2007 to 2018. At the same time, the U.S. (+X%) displayed positive paces of growth. India (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, India ($X) constitutes the largest market for imported pigeon peas into Trinidad and Tobago, 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.
In India, pigeon peas imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and Trinidad and Tobago (+X% per year).
Import Prices by Country
In 2018, the pigeon peas import price in Trinidad and Tobago amounted to $X per ton, going down by -X% against the previous year. Over the period under review, the pigeon peas import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by X% year-to-year. Trinidad and Tobago import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($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 Trinidad and Tobago. 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:
- Trinidad and Tobago
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Trinidad and Tobago
- 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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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