Decoding India’s pulse market/
Supply shocks, trade impact, and the push for stability


Maisam Ali

Supply Chain Analyst - GPC

At a glance



A staple import for India, pigeon peas saw significant price swings in May 2024, causing major financial strain on traders.

India stands as a behemoth in the global pulse market, with an annual consumption of approximately 28 million tons in 2024. This massive demand is met by both domestic production and imports, with 24 million tons produced locally and 6.6 million tons imported. India's influence on global pulse prices is significant, as its imports often dictate market trends. However, this power comes with a great responsibility to manage the market effectively.

In 2024, India's pulse imports reached unprecedented levels, contributing to a cash crunch and liquidity issues. Three major pulse imports—pigeon peas, yellow peas, and desi chickpeas—played a significant role in this scenario.

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 In 2024, India's monthly imports of yellow peas averaged around 250,000 tons, requiring significant cash outlays.

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