Pea exports from Russia to India could exceed 1 million tons by the end of 2024

The absence of duties will facilitate this. The potential for Russian pea supplies to India by the end of 2024 is estimated at 1 million tons due to the extension of duty-free imports from the South Asian country. Sergey Pluzhnikov, head of Russian Pulses Analytics, told pole.rf about this. As the expert explained, in the 2023/24 season, India imported 730 thousand tons of peas from Russia, but in fact, this is the result of supplies since December of last year, when imports were resumed. “Therefore, we can say that by the end of the calendar year 2024, we can ship more than a million tons of peas to India. Until recently, the dynamics of shipments were restrained by news of large stocks of peas in the ports of India - Mumbai, Chennai, Nava Sheva and Kolkata, they were estimated at around a million tons. However, when India indicated its intention to continue importing at least until the new year, the conclusion of new contracts continued,” Pluzhnikov said. Speaking about the ...