Pakistan stepping up pea imports from Black Sea countries

03.07.2018

Latest news appeared that the Government of India has extended the restriction on pea imports (including yellow, green, Dun and Kaspa) to September 30, 2018. In April, India had limited pea imports to 100,000 MT for the April-June quarter, reports UkrAgroConsult.

Due to the contraction of India’s market, key pulse exporters are now making every effort to increase shipments to the markets of other notable importers. Special attention is paid to countries where demand for pulses is still strong. One of them is Pakistan, which entered the Top 5 of the world’s largest pulse importers in MY 2016/17.

The planted areas of key pulse crops in Pakistan have been restoring over the last few seasons, because the country’s population continues to grow rapidly.

Variable weather conditions, in particular regular droughts, make it impossible to significantly increase the average yields of pulses and other food crops in the country.

Taking into account the existing problems and low global prices for pulses, Pakistan has been tending to step up pulse imports from the world’s top suppliers – Australia, Canada, and the USA – since a few years ago. Black Sea region could be a promising supplier of pulses in Pakistan.

Full version of the article is available to subscribers for new monthly market report “Pulses report” by UkrAgroConsult.

Specialized monthly report focused on Black Sea pulses (peas, lentils, kidney beans, chickpeas, mung beans, and other niche crops), though it also presents a detailed analysis of world pulse market trends and prices. The analytical material is broken down by the region’s key pulse producers: Ukraine, Russia, Kazakhstan, Romania and Bulgaria.

Please note global production of pulse crops increases steadily and is predicted to reach 60 MMT by 2020. The greatest contributor to this gain is expected to be the Black Sea region.

 

UkrAgroConsult

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