Sweden: Chick Peas Market Overview 2021

Chick Peas Market Size in Sweden

In 2019, after four years of growth, there was significant decline in the Swedish chick peas market, when its value decreased by -X% to $X. Overall, consumption, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2018 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X, and then declined rapidly in the following year.

Chick Peas Exports

Exports from Sweden

In 2019, approx. X tonnes of chick peas were exported from Sweden; rising by X% on the year before. Over the period under review, exports showed resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes. From 2017 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, chick peas exports surged to $X in 2019. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2019 and are likely to see steady growth in years to come.

Exports by Country

Denmark (X tonnes), Finland (X tonnes) and Germany (X tonnes) were the main destinations of chick peas exports from Sweden, together comprising X% of total exports. These countries were followed by Lithuania and the Netherlands, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chick peas exported from Sweden were Finland ($X), Denmark ($X) and Germany ($X), with a combined X% share of total exports. These countries were followed by Lithuania and the Netherlands, which together accounted for a further X terms of the main countries of destination, Lithuania (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average chick peas export price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, export price indicated a modest 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 2016 indices. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Finland ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania, while the prices for the other major destinations experienced more modest paces of growth.

Chick Peas Imports

Imports into Sweden

After seven years of growth, purchases abroad of chick peas decreased by -X% to X tonnes in 2019. Overall, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018, and then contracted dramatically in the following year.

In value terms, chick peas imports contracted dramatically to $X in 2019. Over the period under review, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

In 2019, Turkey (X tonnes) constituted the largest chick peas supplier 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, the U.S. (X tonnes), twofold. Mexico (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Mexico (+X% per year).

In value terms, Turkey ($X), the Netherlands ($X) and the U.S. ($X) constituted the largest chick peas suppliers to Sweden, together accounting for X% of total imports. Mexico, Italy, Belgium and Poland lagged somewhat behind, together accounting for a further X the main suppliers, Poland (+X% per year) recorded the highest growth rate of the value of imports, 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, declining by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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India (10M tonnes) remains the largest chick peas consuming country worldwide, comprising approx. 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?

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

What are the leading suppliers of chick peas to Sweden?

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In value terms, the largest chick peas suppliers to Sweden were Turkey ($788K), the Netherlands ($434K) and the U.S. ($360K), together accounting for 47% of total imports. These countries were followed by Mexico, Italy, Belgium and Poland, which together accounted for a further 28%.

What are the leading importers of chick peas from Sweden?

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In value terms, the largest markets for chick peas exported from Sweden were Finland ($156K), Denmark ($143K) and Germany ($38K), with a combined 90% share of total exports. Lithuania and the Netherlands lagged somewhat behind, together comprising a further 9.2%.

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

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The average chick peas export price stood at $2,116 per tonne in 2019, with a decrease of -1.8% against the previous year.

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

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The average chick peas import price stood at $1,187 per tonne in 2019, dropping by -19.5% against the previous year.