Miller Magazine Issue: 141 September 2021

63 COVER STORY MILLER / september 2021 peas destinations in vessels in 2019/20 were Spain, Italy, India and Turkey. In 2020/21 Ukraine lost India as destination, but luckily found the replacement for it – the Netherlands. The share of the EU in the total export from Ukrainian peas in 2020/21 raised to 52% vs. 41% in 2019/20. At the same time, supplies to India in 2020/21 were zero, after decrease of the previous 3 seasons (376 KMT in 2017/18 or 43%, 118 KMT in 18/19 or 17%, 55 KMT in 2019/20 or 13%). Peas exports to India completely stopped since January 2020. Indian MOViE On 25 April, 2018, India announced about the ban on peas imports for a three-month period, a downward price dynamics started dominating on the Ukrainian ex- port market (prices dropped by about 500 UAH next day (~$18-20). Then, there was a temporary permission to import to India, which led to price rise for peas by $50/ MT per day. As per FAO stat, India produces about 500-600 KMT of peas per year, while consumption was more than 3 MMT in 2018/19. As was noted by RitaBuyse, the expert of the pulses market, “Due to restrictions the consump- tion shifted to Desi Chickpeas and reduced to 1.5 MMT. There's no current import quota for peas, although it is still a restricted item. But there's strong rumors that India may open pea import soon to control prices of pulses”. Taking into account that the EU is having better peas crop in 2021/22, this season sounds to be challenging for Ukrainian exporters. Line up in ports shows during July-August 2021/22 Ukraine exported 72 KMT of peas via vessels vs. 111 KMT same time last season. Prices bite, importers donot hurry. Ukraine: peas export 2020/21 vs. 2019/20 Moisture - max 14,0 % Broken and split - max 8,0 % Foreign Matter - max 2 % Damaged (including weevils damage) – max 3% Other color – max 3% or 4%