Russian export of leguminous crops reached a historical maximum

Published 2022년 3월 3일

Tridge summary

In 2021, Russia achieved a significant milestone in leguminous crop exports, with volumes and revenue reaching historic highs. The country exported a record 1.6 million tons of legumes, an increase of 38% from the previous year, generating $693 million, a 97% increase from 2020. This growth is primarily due to a 64% increase in dried peas exports, followed by dried chickpeas and lentils. Turkey, Pakistan, and Bangladesh were the leading importers. The high legume production in Russia contrasted with reduced production in major exporting countries due to weather conditions, leading to a price surge of 10-15% and Russia becoming a preferred alternative supplier.

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Original content

In 2021, Russia exported a record volume of leguminous crops - in monetary terms, supplies increased by 97% (up to $693 million), the Agroexport federal center under the Ministry of Agriculture reported. In physical terms, the export of legumes reached a historical record of 1.6 million tons. This is 38% more than in 2020 and 18% more than the previous high set in 2018. The growth driver was the sale of dried peas: deliveries increased by 64% to 1.2 million tons in physical terms and 2.2 times to $378 million in monetary terms. Exports of dried chickpeas increased by 44% to $193 million, lentils - 2.8 times to $119 million. More than half of the export of legumes (54.5%) falls on peas, more than a quarter (27.9%) - on chickpeas, the share of lentils is 17.2%, beans - 0.3%. Turkey became the number one buyer. Over the year, the volume of imports to this country increased 2.4 times to 414 thousand tons in physical terms and 4.1 times to $206 million in monetary terms. In second ...

Source: RG