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Ukraine set the record sales of peas for export

Ukraine set the record sales of peas for export

Ukraine sold 794.3 thousand tons of peas to foreign markets for 11 months of 2017/18 marketing year, which is 70% higher than the previous year (467.5 thousand tons), - APK-inform says. At the same time, exports are still quite active, and according to analysts, about 55 thousand tons of peas can be delivered to foreign markets by the end of June.

The total supply will reach 847 thousand tons, according to the results of this marketing year. This is an absolute record for our country. The main markets for the export of Ukrainian peas in the 2017/18 year were India (43% of all exports), Turkey (16%) and Pakistan (7%).

Analysts estimate the estimated gross harvest of these products in 2018/19 MG in 1 million tons. This volume will form an excellent export potential for Ukraine in 700 thousand tons. A slight decrease in supply potential, in relation to the indicators of the final season is due to both a reduction in pea stocks against the background of active exports, and the expected slight decline in production.

Meanwhile, Indian agricultural companies intend to invest in the production of legumes in the Dnipropetrovsk region.