Spain - Chick Peas - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 26, 2024

Spain - Chick Peas - Market Analysis, Forecast, Size, Trends and Insights

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Chick Peas Price in Spain - 2023

Contents:

  1. Chick Peas Price in Spain (CIF) - 2023
  2. Chick Peas Price in Spain (FOB) - 2023
  3. Chick Peas Imports in Spain
  4. Chick Peas Exports in Spain

Chick Peas Price in Spain (CIF) - 2023

The average chick peas import price stood at $1,329 per ton in August 2023, with a decrease of -5.3% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 6.3% against the previous month. Over the period under review, average import prices attained the peak figure at $1,404 per ton in July 2023, and then shrank in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($1,634 per ton), while the price for Russia ($900 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Chick Peas Price in Spain (FOB) - 2023

In August 2023, the average chick peas export price amounted to $1,745 per ton, surging by 21% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. Over the period under review, the average export prices reached the maximum at $1,993 per ton in May 2023; however, from June 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the UK ($2,528 per ton), while the average price for exports to Morocco ($1,166 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Chick Peas Imports in Spain

In 2022, the amount of chick peas imported into Spain dropped slightly to 36K tons, waning by -1.6% compared with 2021 figures. Over the period under review, imports faced a deep slump.

In value terms, chick peas imports soared to $43M in 2022. In general, imports showed a abrupt descent.

Import of Chick Peas in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico22.315.017.316.6-9.4%
United States21.320.99.412.5-16.3%
Canada0.4N/A1.55.2135.1%
Argentina4.85.71.23.9-6.7%
Turkey0.60.50.71.018.6%
BelgiumN/A0.20.11.0123.6%
France0.30.71.90.944.2%
Others2.02.32.01.9-1.7%
Total51.545.334.143.0-5.8%

Top Suppliers of Chick Peas to Spain in 2022:

  1. Mexico (11.4K tons)
  2. United States (11.2K tons)
  3. Canada (4.6K tons)
  4. Argentina (3.9K tons)
  5. France (1.2K tons)
  6. Turkey (0.8K tons)
  7. Belgium (0.8K tons)

Chick Peas Exports in Spain

Chick peas exports from Spain contracted significantly to 3.7K tons in 2022, shrinking by -22.6% compared with the previous year's figure. Over the period under review, exports continue to indicate a abrupt contraction. The smallest decline of -1.2% was in 2020.

In value terms, chick peas exports declined to $5M in 2022. Overall, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 0.7%.

Export of Chick Peas in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,0431,0329841,2947.5%
Turkey23764976672044.8%
Cuba482380462463-1.3%
Portugal647885769436-12.3%
France3273675183532.6%
Morocco2,5061,280130236-54.5%
United Kingdom2.27.089.7198348.1%
Jordan12951.916018312.4%
Sweden44.264.553.215050.3%
Germany73.210665.713121.4%
Italy11.775.4298125120.2%
EgyptN/A1075531258.1%
Netherlands81.470.166.211411.9%
Others37564584850610.5%
Total5,9595,7205,7615,033-5.5%

Top Export Markets for Chick Peas from Spain in 2022:

  1. Belgium (1046.9 tons)
  2. Turkey (486.0 tons)
  3. Portugal (363.2 tons)
  4. France (259.9 tons)
  5. Cuba (254.8 tons)
  6. Morocco (223.8 tons)
  7. Jordan (139.2 tons)
  8. United Kingdom (132.7 tons)
  9. Sweden (116.9 tons)
  10. Egypt (110.4 tons)
  11. Germany (86.9 tons)
  12. Italy (86.5 tons)
  13. Netherlands (77.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chick peas market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 191 - Chick-peas, dry

Country coverage:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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