Russian pea producers face the threat of losing large sales markets

Published 2022년 5월 6일

Tridge summary

Russian pea producers, especially in Siberia, are facing potential significant losses in sales markets due to anti-Russian sanctions, as their main export markets, the Baltic countries, have become unfriendly. The Siberian Grain Consortium Association is urging the government to increase negotiations with China to open its market for Russian peas. In 2021, over 151 thousand tons of peas were exported from the Siberian Federal District, with the majority going to Latvia and Lithuania. China's consumption of green and dried peas increased in 2020, primarily from imports, mainly from Canada and the US, with the Chinese market still being closed to Russian peas suppliers. The Russian Federation's pea exports hit a record high in 2021, with a significant increase in pea crop area, leading to a historical export record of 1.6 million tons of leguminous crops.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pea producers in the Russian Federation, primarily in Siberia, may lose large sales markets due to anti-Russian sanctions. Under these conditions, they are asking the government to intensify negotiations with China on opening its market for Russian peas. This is stated in a letter from the Siberian Grain Consortium Association addressed to Prime Minister Mikhail Mishustin. Its authors believe that this problem needs to be solved in the near future, since "significant areas" are planned in the structure of pea crops this year. The association reports that before the introduction of anti-Russian sanctions, agricultural producers in Siberia exported peas mainly to the Baltic countries, which are currently classified as unfriendly. According to the Federal Customs Service, in 2021, over 151 thousand tons of peas were exported from the Siberian Federal District, of which more than 100 thousand tons (73%) went to Latvia and Lithuania. In the current conditions, the authors of the appeal ...
Source: Zol

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