Pulses Market 2020

Pulses Market 2020

Ukraine Pulses Conference «ERA AFTER COVID-19» which took place in Kyiv on September 20, 2020 brought together some exclusive agri market analytics and forecasts from the top global experts and agribusiness operators. Here are some main insights.

The direction of peas’ export has been sharply reoriented and changed its geographical focus over the last two seasons. The main buyers of Ukrainian peas were India and Pakistan - 34% of all export supplies in the 2018/1019 season. Then in the 2019/2020 season the situation changed fundamentally, Ukraine exported 41% of peas to the EU countries. Peas are by far the most popular pulses in Ukraine. Their export has counted 75% of the total exports of pulses from Ukraine in 2020. 

In the Black Sea region, a decrease in the production of pulses began back in 2017, and in 2020, the harvest decreased by 7% compared to 2019. The main decrease was in Ukraine and Russia. In general, the share of the Black Sea region in the world structure of pea production is gradually decreasing: if in 2017 Ukraine and Russia produced 28% of the world's peas in total, then in 2020 this figure decreased to 21%. 

It can be explained by the fact that the geographical structure of exports has changed, and the market capacity of European countries is less than the Indian market. Besides that, India, the main consumer of pulses, has set a zero quota for imports of peas for the current season, so farmers have no additional interest to expand their sown areas in 2021. 

Beans are the most expensive of all other pulses and the only crop that increased sown areas Ukraine in 2020. Due to this fact their export is also expected to grow this season. 

The chickpeas continue to dominate in the Ukrainian export rating. For the first 8 months of 2020, the export of this crop amounted to more than 30 thousand tons, which is 56% more than the same period last year. Experts predict that the global prices will rise in 2020-21. This year, farmers from around the globe have collected 25-30% less chickpeas than it was planned, whereas the demand is growing. These could trigger the world market.