Peas: prices in Ukraine

Pea prices USD/ton

Period
CPT Ukraine Zakarpattia reg.
CPT Russia, Azov port. sea
CPT Ukraine Odesa region
02.02.2023
270
238
192.5
02.03.2023
207
229
06.04.2023
200
240
04.05.2023
205
223
08.06.2023
199
212
06.07.2023
190
192
04.08.2023
198
188
08.09.2023
210
184
179

Analytical Reports

Peas are a pulse crop with a unique nutritional composition, widely used in the cuisine of many countries. In Ukraine, the price of peas remains competitive on the global market, while product quality is consistently high. The country is among the top five exporters of this crop worldwide. The main importers are European Union countries with a growing population.

Why is there always demand for peas?

Peas are an important agricultural crop that drives stable demand both on the domestic and international markets. They are used in the food industry and feed production, which ensures a wide range of applications. Due to its properties and versatility, peas remain an in-demand crop among producers and consumers. This supports demand and influences price formation on the market.

Pea price in Ukraine

Canada, which is one of the largest exporters of pulses, has recently experienced difficulties with pea production due to weather conditions. Acreage may decrease significantly depending on the specific crop. Against this backdrop, interest in pulses grown in Ukraine is increasing.

At the same time, traders are actively looking for new export markets. The price of peas in Ukraine depends on the variety, quality, batch size, and market conditions. Prices are driven by supply and demand, as well as logistics and external factors.

On the domestic market, purchase prices may vary depending on batch volumes, delivery terms, and region, resulting in price variations. The market offers different types of peas, including polished and winter varieties.

Types of peas grown in Ukraine

Ukraine is a producer and exporter of several types of peas.

This crop has been grown in the country since the Bronze and Stone Ages. This is confirmed by pea seeds dating back to the third millennium BC, which were found by archaeologists in Ivano-Frankivsk and Chernivtsi regions. It is a frost-resistant plant that can germinate even at temperatures of -2 to -4 °C.

Peas require moisture but can withstand short-term drought. It is an early-ripening crop that does not require significant costs, large amounts of fertilizers, or special treatment and protection. It does not deplete the soil, taking only the necessary nutrients.

The main pea-growing areas in Ukraine are located in Zaporizhzhia, Odesa, and Kharkiv regions. The crop is harvested early in the morning and stored in grain elevators.

They are produced in Ukraine:

  • Yellow peas. One of the most common pulse crops. The Ukrainian harvest of this type of peas is characterized by high quality and good market appearance, which is not inferior to Canadian peas.
  • Split yellow peas. They are produced by splitting the seeds of regular yellow peas. This processed product contains up to 23% protein and many amino acids. Split peas are one of the most popular cereals in the world.
  • Green peas. The fruits of this type of peas are softer and sweeter than yellow peas. They are harvested while still unripe, after which they are processed using a special technology to produce smooth, round dry grains with a glossy sheen. In Ukraine, they are not grown as much as yellow peas, but the market still has something to offer.

Seed pea varieties:

  • peeling — ideal for soups, cooks quickly;
  • marrowfat — best for canning;
  • sugar peas – the sweetest and fleshy peas.

According to their purpose, varieties are divided into universal and table types, which affects the price of peas. Feed peas are also grown and are in demand in livestock farming.

Ukraine also exports chickpeas — brownish-green beans.

Pea prices forecast to 2026

According to analysts, demand for pulses may increase. In the long term, consumption may grow, creating additional export opportunities for Ukrainian peas.

Factors that may affect the price of pulses:

  1. Demand on the global market.
  2. The number of offers from other exporting countries and the price offered by them.
  3. Quality and quantity of the crop.
  4. The possibility of storage in warehouses and logistics costs.
  5. Currency exchange rate.

Since pulses are mainly transported by sea containers, much depends on logistics and stable port operations. Under favorable conditions, exports may expand to the European Union, as well as to Asia and Africa.

In the near future, producers may increase acreage and production volumes, which will help strengthen positions on the global market.

FAQ

Is the price of yellow and green peas different in Ukraine?

For example, prices for yellow and green peas may differ in Ukraine as they have different varieties and uses. Prices may vary depending on supply, demand and product quality.

Do the prices of peas depend on seasonality?

For example, at harvest time, prices for peas may be lower due to a greater supply of the product on the market. However, prices can change due to changes in demand and other factors such as weather conditions and crop yields.

What are the main factors affecting the price of peas in Ukraine?

The main factors affecting the price of peas in Ukraine include yield, weather conditions, demand, supply and changes in global markets. In addition, global trends, such as increases or decreases in the prices of other crops can play a role in the pricing of peas.

Is Ukraine an important exporter of peas?

Thus, Ukraine is one of the most important exporters of peas in the world. The main export markets for Ukrainian peas include the European Union, Asia and Africa.

How to forecast pea prices in Ukraine?

Various methods and sources of information can be used to forecast pea prices in Ukraine. Observations of supply, demand, weather conditions and global markets can help predict possible price changes.
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