Russian Federation: Chick Peas Market 2024

Chick Peas Market Size in the Russian Federation

In 2022, the Russian chick peas market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, recorded a deep setback. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Chick Peas Production in the Russian Federation

In value terms, chick peas production plummeted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 65%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

In 2022, the average chick peas yield in Russia totaled X tons per ha, growing by 14% against 2021. The yield figure increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when the yield increased by 39% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average chick peas yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The chick peas harvested area in Russia rose slightly to X ha in 2022, surging by 3.5% against the year before. Over the period under review, the harvested area, however, saw a pronounced slump. The pace of growth appeared the most rapid in 2017 when the harvested area increased by 28%. Over the period under review, the harvested area dedicated to chick peas production reached the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Chick Peas Exports

Exports from the Russian Federation

After two years of decline, overseas shipments of chick peas increased by 8.1% to X tons in 2022. Overall, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of 132%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, chick peas exports shrank rapidly to $X in 2022. Over the period under review, exports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 59%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Pakistan (X tons) was the main destination for chick peas exports from Russia, with a 37% share of total exports. Moreover, chick peas exports to Pakistan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), twofold. Egypt (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Pakistan stood at +42.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+342.6% per year) and Egypt (+7.2% per year).

In value terms, Pakistan ($X) remains the key foreign market for chick peas exports from Russia, comprising 36% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 16% share of total exports. It was followed by Egypt, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Pakistan amounted to +34.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+260.4% per year) and Egypt (+9.9% per year).

Export Prices by Country

The average chick peas export price stood at $X per ton in 2022, with a decrease of -21.5% against the previous year. Overall, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 66% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per ton) and Egypt ($X per ton), while the average price for exports to Algeria ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+2.5%), while the prices for the other major destinations experienced a decline.

Chick Peas Imports

Imports into the Russian Federation

In 2022, after two years of growth, there was decline in purchases abroad of chick peas, when their volume decreased by -1.1% to X tons. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 73% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, chick peas imports fell to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 120%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Azerbaijan (X tons), Mexico (X tons) and Turkey (X tons) were the main suppliers of chick peas imports to Russia, together comprising 87% of total imports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +84.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Azerbaijan ($X) and Turkey ($X) were the largest chick peas suppliers to Russia, with a combined 85% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +75.3%, recorded the highest growth rate of 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

In 2022, the average chick peas import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 29%. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per ton) and Mexico ($X per ton), while the price for Turkey ($X per ton) and Azerbaijan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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