Canada Chickpea Market: Prices Under Pressure, Improvement Likely Ahead
19-Mar-2026 11:05 AM
Canada Chickpea Market: Prices Under Pressure, Improvement Likely Ahead
★ In 2025-26, exports are expected to rise with stronger demand from the US, EU, and the Middle East. However, record supply has pushed stocks higher, leading to lower prices around $540/tonne.
★ For 2026-27, area may increase slightly and production is expected at around 0.34 million tonnes (3.4 lakh tonnes), raising overall supply. Exports are likely to remain steady, while stocks may increase further.
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United States
★ US chickpea production is estimated at 0.31 million tonnes (3.1 lakh tonnes), up 20%. Despite this, import demand from Canada is expected to remain strong.
★ Prices are currently under pressure, but a potential decline in global supply may support price recovery going forward.