Sweden: Chick Peas Market Overview 2021

Chick Peas Market Size in Sweden

The Swedish chick peas market shrank significantly to $X in 2020, which is down 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, however, continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2019 to 2020, the growth of the market remained at a lower figure.

Chick Peas Exports

Exports from Sweden

In 2020, the amount of chick peas exported from Sweden skyrocketed to X tonnes, increasing by X% compared with the previous year's figure. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, chick peas exports skyrocketed to $X in 2020. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2009 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see gradual growth in the near future.

Exports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume to Denmark stood at +X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value to Denmark amounted to +X%.

Export Prices by Country

In 2020, the average chick peas export price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the export price saw a mild setback. The growth pace was the most rapid in 2012 an increase of X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2020, the country with the highest price was Finland ($X per tonne), while the average price for exports to Denmark amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Denmark.

Chick Peas Imports

Imports into Sweden

In 2020, the amount of chick peas imported into Sweden declined to X tonnes, with a decrease of -X% against the previous year's figure. Overall, imports, however, posted tangible growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. from 2019 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, chick peas imports dropped sharply to $X in 2020. In general, imports, however, saw prominent growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2019 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Turkey (X tonnes) constituted the largest supplier of chick peas to Sweden, accounting for a X% share of total imports. Moreover, chick peas imports from Turkey exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), threefold. The Netherlands (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Turkey totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and the Netherlands (+X% per year).

In value terms, the largest chick peas suppliers to Sweden were Turkey ($X), the Netherlands ($X) and Mexico ($X), with a combined X% share of total imports. These countries were followed by Italy, Belgium, India, Denmark, the U.S., Poland and Russia, which together accounted for a further X (+X% per year) saw the highest growth rate of 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 2020, dropping by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for Russia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform