Norway: Chick Peas Market Overview 2021

Chick Peas Market Size in Norway

After two years of growth, the Norwegian chick peas market decreased by -X% to $X in 2019. Over the period under review, consumption, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Chick Peas Exports

Exports from Norway

In 2019, shipments abroad of chick peas increased by X% to X tonnes, rising for the fourth consecutive year after three years of decline. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, chick peas exports expanded sharply to $X in 2019. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

Denmark (X tonnes) was the main destination for chick peas exports from Norway, accounting for a X% share of total exports. Moreover, chick peas exports to Denmark exceeded the volume sent to the second major destination, Sweden (X kg), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Denmark totaled +X%.

In value terms, Denmark ($X) remains the key foreign market for chick peas exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Denmark stood at +X%.

Export Prices by Country

The average chick peas export price stood at $X per tonne in 2019, rising by X% against the previous year. In general, export price indicated a notable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, chick peas export price increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. The export price peaked in 2019 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($X per tonne), while the average price for exports to Denmark totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden.

Chick Peas Imports

Imports into Norway

Chick peas imports into Norway amounted to X tonnes in 2019, approximately reflecting the previous year's figure. In general, imports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, chick peas imports dropped significantly to $X in 2019. Over the period under review, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Imports peaked at $X in 2018, and then plummeted in the following year.

Imports by Country

Canada (X tonnes), Turkey (X tonnes) and Argentina (X tonnes) were the main suppliers of chick peas imports to Norway, together accounting for X% of total imports. The UK, Italy, Australia, the United Arab Emirates, India, the U.S., Spain, Mexico and Iran lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Turkey ($X) and Argentina ($X) were the largest chick peas suppliers to Norway, with a combined X% share of total imports. The UK, Australia, India, the United Arab Emirates, Italy, the U.S., Mexico, Iran and Spain lagged somewhat behind, together comprising a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chick peas import price stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, import price indicated temperate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, chick peas import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Iran ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chick peas in the world?

+

The country with the largest volume of chick peas consumption was India (10M tonnes), accounting for 66% of total volume. Moreover, chick peas consumption in India exceeded the figures recorded by the second-largest consumer, Australia (873K tonnes), more than tenfold. Pakistan (855K tonnes) ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of chick peas in the world?

+

The country with the largest volume of chick peas production was India (9.9M tonnes), comprising approx. 64% of total volume. Moreover, chick peas production in India exceeded the figures recorded by the second-largest producer, Australia (1.3M tonnes), eightfold. Turkey (630K tonnes) ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of chick peas to Norway?

+

In value terms, Canada ($128K), Turkey ($80K) and Argentina ($30K) were the largest chick peas suppliers to Norway, with a combined 55% share of total imports. The UK, Australia, India, the United Arab Emirates, Italy, the U.S., Mexico, Iran and Spain lagged somewhat behind, together accounting for a further 36%.

What are the leading importers of chick peas from Norway?

+

In value terms, Denmark ($9.7K) remains the key foreign market for chick peas exports from Norway, comprising 88% of total exports. The second position in the ranking was occupied by Sweden ($1.3K), with a 12% share of total exports.

What is the average export price for chick peas in Norway?

+

In 2019, the average chick peas export price amounted to $2,110 per tonne, with an increase of 3.8% against the previous year.

What is the average import price for chick peas in Norway?

+

In 2019, the average chick peas import price amounted to $1,210 per tonne, shrinking by -26% against the previous year.