CIS: Dry Peas Market 2024

Dry Peas Market Size in CIS

In 2023, the CIS dry peas market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, saw a pronounced expansion. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Dry Peas Production in CIS

In value terms, dry peas production expanded rapidly to $X in 2023 estimated in export price. Overall, production, however, saw a moderate expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Russia (X tons) constituted the country with the largest volume of dry peas production, comprising approx. X% of total volume. Moreover, dry peas production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), more than tenfold.

In Russia, dry peas production increased at an average annual rate of X% over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: Kazakhstan (X% per year) and Belarus (X% per year).

In 2023, the average dry peas yield in the CIS contracted slightly to X tons per ha, almost unchanged from 2022 figures. The yield indicated temperate growth from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry peas yield increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the dry peas yield hit record highs at X tons per ha in 2017; however, from 2018 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of peas (dry) production in the CIS fell to X ha, which is down by X% compared with 2022 figures. The total harvested area indicated a measured increase from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dry peas harvested area increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2022, and then reduced in the following year.

Dry Peas Exports

Exports in CIS

For the fourth consecutive year, the CIS recorded growth in shipments abroad of peas (dry), which increased by X% to X tons in 2023. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure in 2023 and are likely to continue growth in the near future.

In value terms, dry peas exports soared to $X in 2023. Over the period under review, exports recorded resilient growth. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

Russia dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2023. Kazakhstan (X tons) held a relatively small share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. While the share of Russia (X p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest dry peas supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports.

In Russia, dry peas exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, dropping by X% against the previous year. In general, the export price saw a slight shrinkage. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then fell significantly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Dry Peas Imports

Imports in CIS

In 2023, overseas purchases of peas (dry) decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. In general, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2022, and then shrank rapidly in the following year.

In value terms, dry peas imports contracted rapidly to $X in 2023. Over the period under review, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2022, and then fell markedly in the following year.

Imports by Country

Kyrgyzstan represented the major importer of peas (dry) in the CIS, with the volume of imports recording X tons, which was near X% of total imports in 2023. Kazakhstan (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (X%). The following importers - Russia (X tons), Tajikistan (X tons), Belarus (X tons) and Moldova (X tons) - together made up X% of total imports.

Kyrgyzstan was also the fastest-growing in terms of the peas (dry) imports, with a CAGR of X% from 2012 to 2023. At the same time, Kazakhstan (X%), Moldova (X%) and Uzbekistan (X%) displayed positive paces of growth. Tajikistan and Belarus experienced a relatively flat trend pattern. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (X p.p.), Kazakhstan (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Belarus (X p.p.), Tajikistan (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest dry peas importing markets in the CIS were Kyrgyzstan ($X), Russia ($X) and Kazakhstan ($X), with a combined X% share of total imports.

Kyrgyzstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per ton, shrinking by X% against the previous year. In general, the import price recorded a drastic downturn. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform