CIS: Lentil Market 2024

Lentil Market Size in CIS

The CIS lentil market surged to $X in 2022, jumping by 42% against the previous year. Over the period under review, consumption posted a prominent increase. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Lentil Production in CIS

In value terms, lentil production amounted to $X in 2022 estimated in export price. Overall, production enjoyed a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 173%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Russia (X tons) and Kazakhstan (X tons).

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +36.2%).

In 2022, the average yield of lentils in the CIS skyrocketed to X tons per ha, picking up by 24% compared with 2021 figures. Over the period under review, the yield posted a resilient increase. The most prominent rate of growth was recorded in 2015 when the yield increased by 78% against the previous year. The level of yield peaked at X tons per ha in 2016; however, from 2017 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of lentils production in the CIS contracted to X ha, dropping by -13.6% on 2021 figures. Overall, the harvested area, however, recorded a prominent expansion. The growth pace was the most rapid in 2017 when the harvested area increased by 140% against the previous year. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Lentil Exports

Exports in CIS

Lentil exports shrank to X tons in 2022, waning by -8.1% on 2021. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 404% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, lentil exports fell slightly to $X in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 353%. The level of export peaked at $X in 2021, and then contracted modestly in the following year.

Exports by Country

Kazakhstan (X tons) and Russia (X tons) prevails in exports structure, together comprising 98% of total exports. Kyrgyzstan (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +45.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Kazakhstan ($X) and Kyrgyzstan ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 99.9% share of total exports.

Kyrgyzstan, with a CAGR of +74.9%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, growing by 4.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by 42%. Over the period under review, the export prices reached the maximum in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+20.6%), while the other leaders experienced more modest paces of growth.

Lentil Imports

Imports in CIS

In 2022, imports of lentils in the CIS skyrocketed to X tons, increasing by 17% compared with the year before. In general, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2019 when imports increased by 84%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, lentil imports skyrocketed to $X in 2022. Overall, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 133% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Kyrgyzstan (X tons), Azerbaijan (X tons) and Kazakhstan (X tons) represented roughly 78% of total imports in 2022. Armenia (X tons) ranks next in terms of the total imports with an 8.1% share, followed by Tajikistan (5.7%). Russia (X tons) and Uzbekistan (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +57.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Azerbaijan ($X), Kyrgyzstan ($X) and Kazakhstan ($X) constituted the countries with the highest levels of imports in 2022, with a combined 78% share of total imports.

In terms of the main importing countries, Kyrgyzstan, with a CAGR of +56.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, with an increase of 2.5% against the previous year. Import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lentil import price increased by +116.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 55%. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Azerbaijan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+9.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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