Bean Farm

Green Peas Shortage in Ukraine Is Pushing Prices Up

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Pulses Crop in Ukraine in 2022 is almost three times less.

According to the Ministry of Agriculture of Ukraine pulses crop in 2022 reduced from 680 thousand tons to 250 thousand tons compared with the previous year.  Export of yellow peas to regular buyers in Pakistan, Jordan, or Malaysia became impossible due to high logistic costs and competition with Russian suppliers. Local manufacturers have the only markets that could compete with local manufacturers were Turkey and South Europe. The harvested volumes of such niche products as chickpeas or lentils are still unknown because of their insignificance and their export was also very rare and small.

The price gap between yellow and green peas is sharply increasing.

At the beginning of the season, 2022/2023 the difference in price between yellow and green peas was not more than 40-50 usd/t. Step-by-step shortage of green peas and problems with specifications (high percentage of other colours) led to a significant price increase. Standard export quality green peas increased in price from 300usd/t FCA in October 2022 to 430usd/t FCA In January 2023.

Moisture: 14,00 % max

Split/Broken: 5,00 % max.

Mintec Global

Foreign matters: 1,00 % max

Damaged: 3,00% max

Other color: 3,00 % max

 

Import/Export Statistics

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