FRACTIONS: A STORY IN 4 CHARTS
2024 global lentil production 1 AUSTRALIA Aussie farmers expect to harvest an impressive 1.4 MMT in 2024. In the last five years, imports have been dominated by India and Bangladesh, making up 39 and 34 per cent of total demand, respectively, followed by Sri Lanka (14%), UAE (8%) and Egypt (5%). Prices to Sri Lanka have proven to be the highest in the first half of June, with CNF prices (USD) quoted at $780-$790 compared to an average of $740-$755 to India, Pakistan, UAE and Bangladesh in the same period. According to the Government of India’s Third Advance Estimate, production of red lentils in the country will be 1.68 MMT, a modest increase YoY.
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