Yellow Pea Imports Plunge on Indian Tariffs: Major Market Shifts in 2025

The global peas market has undergone dramatic changes in 2025, led by India’s bold policy intervention and subsequent shifts in trade flows. The imposition of a 30% import duty on yellow peas by India in November 2025 triggered an unprecedented 56% drop in yellow pea imports—from 2.94 million tonnes the previous year to just 1.29 million tonnes. This single policy decision by one of the world’s largest pulses importers set off ripples across global supply chains, reshaping supplier strategies, price dynamics, and wider pulse markets. While yellow pea trade suffered, India’s demand for other pulses soared: chana (Bengal gram) imports surged over 300%, urad (black matpe) rose 41%, and tur (pigeon pea) climbed by 5.4%. The shifts underscore India’s persistent supply gaps and a robust appetite for competitively priced alternatives, especially from Australia, Myanmar, Brazil, and Africa.

Meanwhile, the market for peas in Europe and elsewhere remains influenced by both domestic policy and international demand signals. As tariffs, weather, and speculative trading continue to drive volatility, traders, processors, and producers must recalibrate strategies. In the following report, we break down the core market data and trends, offering clarity amid these seismic shifts.

📈 Prices

Product	Type	Origin	Location	Purity	Delivery Terms	Latest Price (EUR/kg)	Weekly Change	Sentiment
Peas dried	Marrowfat	GB	London	–	FOB	1.35 €	0% (stable)	Neutral
Peas dried	Green	GB	London	–	FOB	1.04 €	0% (stable)	Neutral
Peas dried	Yellow	UA	Odesa	98%	FCA	0.27 €	0% (stable)	Bearish (import demand muted)
Peas dried	Green	UA	Odesa	98%	FCA	0.36 €	0% (stable)	Neutral

🌍 Supply & Demand

• Yellow Pea Imports: 1.29 million tonnes to India in 2025, down 56% YoY. Canada (882,000 t), Russia (321,000 t), Latvia and Argentina are leading suppliers.
• Chana (Bengal Gram) Imports: Surged 301% to 1.58 million tonnes, led by Australia (1.42 million t) due to domestic shortfall and global price competitiveness.
• Urad (Black Matpe): Imports climbed 41% to 1.07 million tonnes, with Myanmar (809,000 t) and Brazil (237,000 t) dominant.
• Masoor (Lentils): Steady at 1.06 million tonnes. Canada (575,000 t) and Australia (391,000 t) chief sources.
• Tur (Pigeon Pea): Increased 5.4% to 1.32 million tonnes; Mozambique, Myanmar, and Tanzania top suppliers.
• Other Pulses: Import volumes declined 48%.

Conclusion: The imposition of Indian tariffs has redirected global trade flows, benefitting other pulse categories. India’s overall import volumes marginally declined but its role as a pivotal pulses market persists.

📊 Fundamentals

• Policy Impact: The November 2025 30% import duty on yellow peas is the primary cause for the dramatic fall in imports.
• Import Demand: Reduced for yellow peas but bolstered for other pulses due to production gaps and price-driven substitution.
• Supplier Rebalancing: Trade focus shifting to chana, urad, and tur with diversified supply origins, including substantial increases from Australia, Myanmar, and Africa.
• Market Sentiment: Yellow peas market remains bearish; other pulses see bullish demand trends.
• Inventory Impact: Lower yellow pea stocks in India, rising stocks in exporting countries (notably Canada, Russia).

🌦️ Weather Outlook

• Major suppliers (Canada, Russia, Australia): Stable weather expected as winter draws to a close, with predominantly average soil moisture.
• India: Key growing regions in the north face mild temperature fluctuations, but no major anomalies expected. Sowing conditions for kharif pulses remain satisfactory.
• Impact: No imminent weather threats—short-term yield potential in both exporting and importing regions appears solid.

🌐 Global Production & Stock Comparison

Pulse Type	Major Exporters (2025)	Volume (t)	Major Importers (2025)	Volume (t)
Yellow Peas	Canada, Russia	1.21m	India	1.29m (-56%)
Chana	Australia, Tanzania	1.57m	India	1.58m (+301%)
Urad	Myanmar, Brazil	1.05m	India	1.07m (+41%)
Masoor	Canada, Australia	~1.0m	India	1.06m (stable)
Tur	Mozambique, Myanmar	~1.3m	India	1.32m (+5.4%)

📆 Trading Outlook & Recommendations

• 🛡️ Exporters: Focus on alternative buyers for yellow peas—stocks may build up in Canada/Russia as Indian demand wanes.
• 🔄 Traders: Shift positions to chana, urad, and tur contracts, which show robust demand and rising import volume.
• 🤝 Indian Buyers: Diversify sourcing strategies and hedge for policy-driven volatility, especially for yellow peas.
• 🔎 Monitor: Any hints of policy relaxation in India for yellow peas, which could swiftly reverse bearish trends.
• 🌱 Producers: Stay alert to changing trade patterns and new market opportunities in Africa, LATAM, and Southeast Asia.

📍 3-Day Regional Price Forecast

• London (GB): Peas dried (marrowfat/green) expected to remain stable at 1.04–1.35 €/kg.
• Odesa (UA): Peas dried (yellow/green) stable at 0.27–0.36 €/kg. Downside risk persists on sustained weak Indian demand.
• General Outlook: Volatility low; political risk (especially policy) remains the principal variable.