Ukaraine peas: Forcast Ukraine can export 350 thousand tons of peas

Mintec Global
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ODESA: From July to December 2021/22 MY, Ukraine has exported 270.5 thousand tons of peas.  This is 3% higher than the shipped volume for the same period a season earlier (262.3 thousand tons).

According to the results of the first five months of the current season, Turkey is the key importer of grain legumes of Ukrainian origin (54.4 thousand tons). They increased purchases by more than three times compared to the same period in 2020/21 MY (15.9 thousand tons).

Italy’s second position is occupied, which imported 51.2 thousand tons of peas over the above period. This is 40% more than the previous season (36.5 thousand tons).

Pakistan closed the TOP-3 importers of Ukrainian pulses, which increased purchases compared to 2020/21 MY by four times – from 8.8 thousand to 31.1 thousand tons.

According to analysts, the export of peas from Ukraine in 2021/22 MY may amount to 350 thousand tons. The total yield this year is around 571.2 thousand tons. So by the end of 5 months, 77% o the forecast is done.

At the beginning of this week, the price of yellow peas dropped slightly but then began to rise again. Now purchase prices have again reached the level of 355-360 $/t or 11.000-11.500 UAH/t.