Ukraine: Lentil Market 2024

Lentil Market Size in Ukraine

In 2023, the Ukrainian lentil market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption continues to indicate a slight shrinkage. Lentil consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Lentil Production in Ukraine

In value terms, lentil production skyrocketed to $X in 2023 estimated in export price. Overall, production saw a significant increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Lentil production peaked at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

In 2023, the average lentil yield in Ukraine soared to X tons per ha, increasing by X% on 2022 figures. Over the period under review, the yield saw a significant increase. The pace of growth was the most pronounced in 2017 when the yield increased by X%. Over the period under review, the average lentil yield attained the peak level at X tons per ha in 2021; however, from 2022 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of lentils were harvested in Ukraine; with an increase of X% against the previous year. Overall, the harvested area, however, recorded a deep slump. The lentil harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area stood at a somewhat lower figure.

Lentil Exports

Exports from Ukraine

In 2023, overseas shipments of lentils were finally on the rise to reach X tons for the first time since 2019, thus ending a three-year declining trend. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, lentil exports surged to $X in 2023. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Turkey (X tons), the United Arab Emirates (X tons) and Poland (X tons) were the main destinations of lentil exports from Ukraine, together accounting for X% of total exports.

From 2012 to 2023, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Turkey ($X) and Italy ($X) appeared to be the largest markets for lentil exported from Ukraine worldwide, with a combined X% share of total exports. The United Arab Emirates, South Africa, Pakistan, Spain, Germany, Bangladesh, Israel, the Czech Republic and France lagged somewhat behind, together accounting for a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average lentil export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price saw a perceptible reduction. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lentil Imports

Imports into Ukraine

In 2023, overseas purchases of lentils decreased by X% to X tons, falling for the third consecutive year after five years of growth. Over the period under review, imports, however, saw a temperate increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, lentil imports shrank significantly to $X in 2023. Overall, imports showed a slight setback. The pace of growth was the most pronounced in 2020 with an increase of X%. Imports peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Canada (X tons), Kazakhstan (X tons) and Turkey (X tons) were the main suppliers of lentil imports to Ukraine, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest lentil suppliers to Ukraine were Canada ($X), Kazakhstan ($X) and Turkey ($X), together comprising X% of total imports.

In terms of the main suppliers, Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average lentil import price stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, 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