Updated Mar 28, 2023 15:38

Pigeon Peas Market in Qatar

Market Overview
The Qatari pigeon peas market amounted to $ in , with an increase of % 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). Over the period under review, consumption continues to indicate a significant expansion. As a result, consumption reached the peak level of $. From 2016 to , the growth of the market failed to regain momentum.


Consumption
Pigeon peas consumption in Qatar rose remarkably to tons in , surging by % against the previous year's figure. In general, consumption enjoyed a significant increase. As a result, consumption attained the peak volume of tons. From 2016 to , the growth of the consumption remained at a lower figure.

The size of the pigeon peas market in Qatar expanded rapidly to $ in , surging 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 posted a significant expansion. As a result, consumption attained the peak level of $. From 2016 to , the growth of the market remained at a lower figure.


Market Forecast
Driven by increasing demand for pigeon peas in Qatar, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Pigeon peas market in Qatar consists almost entirely of imported products.


Trade Balance
Qatar remains a net importer of pigeon peas; in physical and value terms, imports consistently exceeded exports from 2012 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.