Pigeon Peas Market Overview in Peru
In value terms, pigeon peas production amounted to $ in 2019 estimated in export prices. In general, production faced a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2017 to 2019, production growth remained at a lower figure.
The average yield of pigeon peas in Peru amounted to kg per ha in 2019, remaining constant against the previous year. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The pigeon peas harvested area in Peru amounted to ha in 2019, leveling off at the year before. Overall, the harvested area showed a relatively flat trend pattern.
The revenue of the pigeon peas market in Peru surged to $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a drastic downturn. Pigeon peas consumption peaked at $ in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.