Norway: Market for Broad Beans And Horse Beans (Dry) 2022

Market Size for Broad Beans And Horse Beans (Dry) in Norway

The Norwegian market for broad beans and horse beans (dry) shrank to $X in 2021, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a buoyant expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Norway

In 2021, exports of broad beans and horse beans (dry) from Norway dropped to X kg, approximately reflecting the previous year's figure. Over the period under review, exports faced a precipitous decline. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tonnes in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, broad bean and horse bean exports shrank dramatically to $X in 2021. Overall, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by X% year-to-year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) and Denmark (X kg) were the main destinations of broad bean and horse bean exports from Norway.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (X value terms, the largest markets for broad bean and horse bean exported from Norway were the Netherlands ($X) and Denmark ($X terms of the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per tonne in 2021, dropping by -X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per tonne, and then shrank remarkably in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Denmark stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%).

Imports of Broad Beans And Horse Beans (Dry)

Imports into Norway

In 2021, approx. X tonnes of broad beans and horse beans (dry) were imported into Norway; rising by X% against the year before. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, broad bean and horse bean imports fell notably to $X in 2021. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

France (X tonnes), Poland (X tonnes) and the UK (X tonnes) were the main suppliers of broad bean and horse bean imports to Norway, together comprising X% of total imports. These countries were followed by Estonia, Lithuania and Latvia, which together accounted for a further X 2012 to 2021, the biggest increases were in Lithuania (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Poland ($X) and the UK ($X) were the largest broad bean and horse bean suppliers to Norway, with a combined X% share of total imports.

Poland, with a CAGR of +X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for broad beans and horse beans (dry) amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest prices were recorded for prices from Poland ($X per tonne) and France ($X per tonne), while the price for Estonia ($X per tonne) and the UK ($X per tonne) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform