Russian Federation: Lentil Market 2024

Lentil Market Size in the Russian Federation

In 2022, the Russian lentil market increased by X% to $X, rising for the third year in a row after two years of decline. Overall, consumption posted a significant expansion. Lentil consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Lentil Production in the Russian Federation

In value terms, lentil production amounted to $X in 2022 estimated in export price. Overall, production showed buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Lentil production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of lentils in Russia expanded rapidly to X tons per ha, with an increase of X% against 2021 figures. Overall, the yield indicated strong growth from 2012 to 2022: its figure increased at an average annual rate of X% 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 X% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The lentil yield peaked at X tons per ha in 2017; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The lentil harvested area in Russia soared to X ha in 2022, with an increase of X% on the previous year. In general, the harvested area posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. The lentil harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Lentil Exports

Exports from the Russian Federation

Lentil exports from Russia dropped to X tons in 2022, with a decrease of X% against the previous year's figure. Overall, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, lentil exports contracted rapidly to $X in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and the United Arab Emirates (X% per year).

In value terms, Turkey ($X) remains the key foreign market for lentils exports from Russia, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average lentil export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Pakistan ($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 Lebanon (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lentil Imports

Imports into the Russian Federation

After three years of growth, purchases abroad of lentils decreased by X% to X tons in 2022. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lentil imports rose to $X in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest lentil supplier to Russia, with a X% share of total imports. Moreover, lentil imports from Turkey exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The third position in this ranking was taken by Kazakhstan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Kazakhstan (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of lentils to Russia, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The average lentil import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. 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.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($X per ton) and Kyrgyzstan ($X per ton), while the price for Kazakhstan ($X per ton) and Turkey ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform