Market Updates

Ukraine’s yellow pea trade disrupted/
When price stops being enough


Maisam Ali

Supply Chain Analyst - GPC

At a glance


  • Ukraine's record 650,000-tonne pea harvest has failed to translate into strong returns, with prices falling from $270–280 to $230–240 CPT Odesa mid-season.
  • India's reinstatement of a 30% import duty in November 2025 cut Ukrainian exports to that market by approximately 60% — the single biggest demand shock of the season.
  • Russia has emerged as the dominant competitive threat, capturing market share in Turkey, China, and bulk vessel markets traditionally served by Ukraine.

Ukraine’s yellow pea exports face mounting pressure as rising logistics risks, port disruptions, and war-related costs undermine reliability and erode competitiveness despite lower prices.

The global yellow pea market is going through a challenging season, and the pressures are perhaps most visible in Ukraine. Once a dominant force in global pulse exports, Ukraine's yellow pea trade is contending with a combination of policy changes, intensifying competition, and logistical headwinds that have shifted the landscape considerably mid-season. A bumper harvest that should have been cause for optimism has instead highlighted the vulnerability of market access — and prompted exporters, farmers, and processors alike to reassess their strategies.

READ THE FULL ARTICLE

A record Ukrainian pea harvest of around 650,000 tonnes has met weakening demand, as India’s import duty reinstatement and intensified Russian competition drive prices down and reshape global trade flows.

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