The export of lentils from Russia has a growth potential of 57.5%

Published 2023년 4월 13일

Tridge summary

Russia's lentil export potential is estimated to be around 200 thousand tons per year, a 57.5% increase from the 2021/22 agricultural year, according to the federal center "Agroexport." This is due to positive trends in global imports and increased production in Russia. The main export destinations are Turkey and Iran, with potential for growth in markets such as India, Bangladesh, and the United Arab Emirates. In the 2021/22 agricultural year, Russian lentil exports grew by 90.9% in physical terms and 2.9 times in value compared to the previous season, with Turkey being the largest buyer.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Specialists of the federal center "Agroexport" of the Ministry of Agriculture of Russia estimate the potential for exports of lentils from Russia at 200 thousand tons per year, which is 57.5% higher than the figure for the 2021/22 agricultural year (July 1, 2021 - June 30, 2022). This is stated in the message of the center. “If the positive trends in the dynamics of world imports continue, as well as the necessary growth in the production of lentils in Russia, Russian exports of this product may exceed 180-200 thousand tons (140-160 million US dollars),” experts believe. According to them, in recent years, Russian exports of lentils have grown significantly - from 78.1 thousand tons (29.2 million US dollars) in 2018 to 127 thousand tons (98.1 million US dollars) in 2022 . As Agroexport explained, the key export destinations for Russian lentils are, first of all, Turkey and Iran, which are major world importers of this crop, as well as markets that are characterized by a stable ...

Source: Zol