Pea exports from Ukraine increased 58%

31.08.2018

In the first month of MY 2018/19, pea exports from Ukraine totaled 47.8 KMT, or 58% more than in July 2017/18, reports UkrAgroConsult.

It is worth noting that 2017/18 export shipments of Ukrainian peas reached a record 873.5 KMT that is up 80% from the previous marketing year.

The pea import restriction imposed by India in the 2017/18 season affected the geography of pea exports from Ukraine. So, while India was the biggest buyer of Ukrainian peas in MY 2017/18, no shipments have been made to this country in the current season.

The biggest buyer of Ukrainian peas in July 2017/18 was the European Union, which accounted for 53% of their total exports. Ukraine’s proximity to the EU and acceptable prices to European consumers are the factors that may make the EU the top destination for Ukrainian exports this season.

In addition, 38% of this season’s pea exports from Ukraine went to Asian and Near East countries and 9% to African countries. Asia and the Near East absorbed 83% of Ukrainian pea supplies in MY 2017/18, mostly due to India and Turkey.

Detailed analysis on pulses market (peas, lentils, kidney beans, chickpeas, mung beans, and other niche crops) is available to subscribers for new monthly market report “Pulses report” by UkrAgroConsult.

Specialized monthly report focused on Black Sea pulses, 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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