Russian Federation: Lentil Market 2024

Lentil Market Size in the Russian Federation

The Russian lentil market soared to $X in 2022, with an increase of 103% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Lentil Production in the Russian Federation

In value terms, lentil production rose to $X in 2022 estimated in export price. In general, production, however, saw buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 187% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of lentils in Russia fell to X tons per ha, which is down by -7.8% compared with the previous year's figure. Over the period under review, the yield indicated pronounced growth from 2012 to 2022: its figure increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lentil yield increased by +28.1% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the yield increased by 33% against the previous year. Over the period under review, the average lentil yield attained the peak level at X tons per ha in 2017; however, from 2018 to 2022, 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 2022, the total area harvested in terms of lentils production in Russia dropped to X ha, waning by -10.1% on the year before. In general, the harvested area, however, posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 168%. Over the period under review, the harvested area dedicated to lentil production attained the maximum at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Lentil Exports

Exports from the Russian Federation

In 2022, approx. X tons of lentils were exported from Russia; shrinking by -49.8% compared with the year before. Overall, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2017 when exports increased by 242% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced dramatically in the following year.

In value terms, lentil exports dropped remarkably to $X in 2022. In general, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 243% against the previous year. As a result, the exports attained the peak of $X, and then declined dramatically in the following year.

Exports by Country

Turkey (X tons) was the main destination for lentil exports from Russia, with a 52% share of total exports. Moreover, lentil exports to Turkey exceeded the volume sent to the second major destination, Egypt (X tons), fivefold. The Czech Republic (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey totaled +25.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+5.4% per year) and the Czech Republic (+84.6% per year).

In value terms, Turkey ($X) remains the key foreign market for lentils exports from Russia, comprising 50% of total exports. The second position in the ranking was taken by Egypt ($X), with a 10% share of total exports. It was followed by the Czech Republic, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value to Turkey stood at +30.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+7.5% per year) and the Czech Republic (+89.3% per year).

Export Prices by Country

The average lentil export price stood at $X per ton in 2022, rising by 29% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lentil export price increased by +107.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Lentil Imports

Imports into the Russian Federation

In 2022, overseas purchases of lentils increased by 0.4% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2014 when imports increased by 53%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lentil imports declined to $X in 2022. Overall, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 31% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Kazakhstan (X tons) was the main lentil supplier to Russia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Kazakhstan totaled +44.0%.

In value terms, Kazakhstan ($X) constituted the largest supplier of lentils to Russia.

From 2012 to 2022, the average annual growth rate of value from Kazakhstan stood at +59.4%.

Import Prices by Country

In 2022, the average lentil import price amounted to $X per ton, which is down by -6.9% against the previous year. In general, the import price continues to indicate a mild reduction. The growth pace was the most rapid in 2015 an increase of 41%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +10.7% per year.

Source: IndexBox Platform

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