Dominican Republic - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Dominican Republic - Pigeon Peas - Market Analysis, Forecast, Size, Trends and Insights

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Pigeon Peas Price in the Dominican Republic - 2023

Contents:

  1. Pigeon Peas Price in the Dominican Republic (CIF) - 2022
  2. Pigeon Peas Price in the Dominican Republic (FOB) - 2022
  3. Pigeon Peas Imports in the Dominican Republic
  4. Pigeon Peas Exports in the Dominican Republic

Pigeon Peas Price in the Dominican Republic (CIF) - 2022

In 2022, the average pigeon peas import price amounted to $1,404 per ton, surging by 22% against the previous year. Overall, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 81% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 ($1,677 per ton), while the price for Ecuador ($961 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Pigeon Peas Price in the Dominican Republic (FOB) - 2022

In 2022, the average pigeon peas export price amounted to $5,124 per ton, with an increase of 81% against the previous year. Over the period under review, the export price showed buoyant growth. The growth pace was the most rapid in 2020 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($11,544 per ton), while the average price for exports to Turks and Caicos Islands ($1,068 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 (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Pigeon Peas Imports in the Dominican Republic

In 2022, imports of pigeon peas into the Dominican Republic skyrocketed to 619 tons, picking up by 84% on 2021. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 122%. As a result, imports reached the peak of 772 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, pigeon peas imports skyrocketed to $869K in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Pigeon Peas in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru23647621672245.2%
EcuadorN/AN/A170109-35.9%
TanzaniaN/AN/AN/A38.00%
India53.1157N/AN/A195.7%
MyanmarN/A80.4N/AN/A0%
Others34.40.1N/AN/A-99.7%
Total32471438686938.9%

Top Suppliers of Pigeon Peas to the Dominican Republic in 2022:

  1. Peru (482.8 tons)
  2. Ecuador (113.4 tons)
  3. Tanzania (22.6 tons)

Pigeon Peas Exports in the Dominican Republic

In 2022, approx. 13 tons of pigeon peas were exported from the Dominican Republic; dropping by -75.2% on the previous year's figure. In general, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2021 when exports increased by 119%.

In value terms, pigeon peas exports shrank rapidly to $66K in 2022. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 95%. As a result, the exports reached the peak of $146K, and then contracted rapidly in the following year.

Export of Pigeon Peas in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France11.98.27.952.664.1%
Chile11.545.913111.91.1%
Turks and Caicos Islands2.93.33.80.8-34.9%
Barbados21.0N/AN/AN/A0%
Haiti28.50.3N/AN/A-98.9%
Trinidad and Tobago11.8N/AN/AN/A0%
Curacao7.613.2N/AN/A73.7%
Others9.24.23.50.5-62.1%
Total10475.014665.8-14.2%

Top Export Markets for Pigeon Peas from the Dominican Republic in 2022:

  1. Chile (7.2 tons)
  2. France (4.6 tons)
  3. Turks and Caicos Islands (0.8 tons)

Source: IndexBox Market Intelligence Platform

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

  • Dominican Republic

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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
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