Russia: Exports of legumes from the Voronezh region soared 6.5 times at the end of last year

Grains, Cereal & Legumes

Russia

Market & Price Trends

Published Jan 31, 2024

Tridge summary

Russia's Voronezh region has surpassed its 2023 target for the national project “International Cooperation and Export”, with a 31% rise in agricultural exports compared to 2022. This growth is largely due to a 6.5-fold increase in legume exports, which reached $33 million. Turkey was the main importer of chickpeas, while new markets for peas emerged in Denmark, China, Spain, Italy, and Turkey. The opening of the Indian market for Voronezh lentils also boosted legume exports.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The Voronezh region not only fully achieved the target indicators of the national project “International Cooperation and Export” for 2023, but also significantly increased agricultural exports in physical terms - by 31% compared to the 2022 level. Last year there was a change in the regional structure of exported products: the share of the grain group increased due to a reduction in the share of the oil and fat group. The main factor contributing to the growth of exports of legumes is the increase in exports of legumes by 6.5 times compared to 2022, reaching $33 million (6.5% of the total export structure of the Voronezh region). Legumes make up 28% of the grain group products exported from the Voronezh region. Within this group, lentils make up 37% ($12.3 million), while chickpeas and peas share roughly equal shares at 31-32% ($10-10.5 million) each. The main exporter of chickpeas last year for the first time was Turkey, which since 2020 has been the leader in the export of ...

Source: Agroxxi