Russia: exports of grain legumes increased 2.5 times in 2023

Grains, Cereal & Legumes

Russia

Market & Price Trends

Published Jan 16, 2024

Tridge summary

Russia significantly increased exports of grain legumes in 2023, with peas accounting for three-quarters of all supplies. The growth in exports was mainly driven by the opening of new markets, particularly China, which became the leader among buyers of Russian peas. Chickpea exports also increased, with Turkey becoming the main consumer, and lentil exports increased significantly as well, with Turkey, India, and the UAE being the main buyers. The demand for these crops in Asia and the Middle East is growing, making the industry more attractive for Russian farmers, and Russia could become one of the top global chickpea exporters.

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

Russia increased exports of grain legumes in 2023 to a record level of 3.2 million tons - 2.5 times more than a year earlier. The bulk of exports were peas, which accounted for three-quarters of all supplies. This was reported on the website sfera.fm. According to the information, in 2023 the basis of exports was peas with a 77% share of the physical volume of supplies. Another 15% came from chickpeas and 8% from lentils. According to experts, the growth of exports was facilitated by the opening of a new market. So, at the end of 2022, the Chinese market opened for Russian peas. Last year, China became the leader among buyers of this crop, accounting for 915 thousand tons of peas out of 2.5 million tons of exported peas. Turkey and Spain also became major buyers, with Spain increasing its purchases of peas by 27 times. Chickpea exports over the 11 months of 2023 increased 2.3 times, to 489 thousand tons. Here Türkiye became the main consumer, increasing exports by 4.6 times. Also ...

Source: Agrosektor