Ukraine: Record pea exports and demand from India

Published 2024년 10월 24일

Tridge summary

In 2024, Ukraine saw its best yellow peas production in three years, reaching 465 K mt, largely due to an increase in sown area. Despite this, the yield of 2.19 mt/ha was lower than the long-term average and the yield of 2023. The top pea-producing regions were Odesa, Mykolaiv, Kirovograd, and Kharkiv. The price of peas for 2024/25 is high due to the lifting of a 50% tax on peas imports by India and the opening of new processing facilities in Ukraine, despite the poor pea yield this year. This may encourage farmers to increase their pea acreage in 2025.

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

Original content

CROP 2024/25 The 2024 yeallow peas production in Ukraine was 465 K mt, the best for the last three years, mainly due to an increase in sown area. Ukraine peas area was 212 K ha, 40% more y/y, but the yield of 2.19 mt/ha was lower than the long-term average and the 2023’s yield of 2.46 mt/ha. Regions of Ukraine-top peas producers – Odesa (147 K mt, yield of 2.45 mt/ha); – Mykolaiv (76 K mt, yield of 2.18); – Kirovograd (37 K mt, yield of 2.01 mt/ha); – Kharkiv region (29 K mt, a yield of 1.48 mt/ha). In Odesa and Mykolaiv regions, 2024 peas area doubled compared to 2023. The yields were highly dependent on rainfall in late April and May. Feed peas in crop rotation leave nitrogen in the soil giving a significant boost to the yields of subsequent crops. Top peas importers, 2023/24 PEAS PRICE The price of peas is high in the 2024/25. One of the drivers of this bullish trend is final lifting by India of 50% tax on peas imports. Initially the tax expired in the spring 2024, but then was ...

Source: UkrAgroConsult