India's introduction of a 30% duty on yellow peas will collapse prices in Ukraine

The Indian government is imposing a 30% import duty on yellow peas from November 1, which is intended to limit the flow of imports and stop the fall in prices of pulses domestically. Cargoes with bills of lading dated up to and including October 31, 2025 will be exempted from paying the duty.

Recall that the Indian government introduced duty-free imports of yellow peas until March 31, 2026, but farmer associations demanded restrictions on supplies, which led to a decrease in local prices.

In fiscal year 2025, India imported about 6.7 million tons of pulses (mainly from Canada, Australia, and the Russian Federation), of which 2.2 million tons were yellow peas.

Currently, Ukraine exports peas mainly to Turkey, India, and Italy, but among pea suppliers to India, it has dropped from pre-war 3rd place to 6th-7th place.

In 2025, 626 thousand tons of peas were harvested from 266 thousand hectares in Ukraine, which is a third more than last year. Of these, more than 500 thousand tons can be exported (376 thousand tons in the previous season), and domestic consumption will be about 70-75 thousand tons per year.

Purchase prices for peas in Ukraine at the start of the 2025/26 season were $275-280/t or UAH 13,500-14,000/t with delivery to Black Sea ports, but have now decreased to $260-270/t or UAH 12,500-13,000/t.

India’s introduction of 30% tariffs on yellow peas will collapse world prices, which will also affect export demand prices in Ukraine.

China, which is also one of the world’s largest importers of legumes, will purchase about 1.5 million tons of peas, but the main suppliers will be Russia and Canada, which export 2 million tons of peas each year.

This year, China opened its market to Ukrainian peas, but it will be possible to compete with Russian and Canadian peas only by lowering the price.

Tags: Ukraine, prices, India, pea