Pea production in Ukraine likely to be less than 5 lakh tonnes

12-Aug-2024 08:58 PM

Kiev. Harvesting and preparation of pea crop in Ukraine has ended. According to the data of the Ministry of Agriculture, during the current year,

the pea sowing area in the country was 2.05 lakh hectares while its average yield rate was recorded at 2.20 tonnes per hectare.

By August 1, 2024, harvesting of crops had been completed in 98 percent of the total area and a production of 4.51 lakh tonnes was obtained from it.

But trade analysts are not satisfied with these figures. They say that due to severe drought in the southern and eastern parts of Ukraine this year, its average yield rate fell by 15.20 percent.

According to trade analysts, the pea sowing area was also 1.80 lakh hectares and with an average yield rate of 2.10 tonnes per hectare, its total production could reach close to 3.8 lakh tonnes, which is much less than the initial estimate of 5.00 lakh tonnes.

The share of yellow peas in this gross production was 3.30 lakh tonnes and that of green peas was 50 thousand tonnes.

The previous outstanding stock of peas in Ukraine was negligible, so during the current marketing season (July-June) of 2024-25, the total exportable stock of yellow peas there is likely to shrink to 2.75-2.80 lakh tonnes.

Due to supply pressure in the initial phase of harvesting, the price of peas there had softened a bit, but now it is gradually improving.

For August-September shipment, the arrival price of Ukrainian yellow peas at Nhava Sheva / Karchi / Jebel Ali port is being reported to be $ 410-415 per tonne, Kolkata arrival price is $ 425-430 per tonne and Chittagong (Bangladesh) arrival price is $ 440-445 per ton.

There is no duty on Ukrainian peas, so it can be exported in large quantities to the European Union from there, while limited shipments are likely to be made to Asian countries.