Norway - Broad Beans And Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Broad Bean and Horse Bean in Norway - 2023
Contents:
- Price for Broad Bean and Horse Bean in Norway (CIF) - 2022
- Price for Broad Bean and Horse Bean in Norway (FOB) - 2022
- Imports of Broad Bean and Horse Bean in Norway
- Exports of Broad Bean and Horse Bean in Norway
Price for Broad Bean and Horse Bean in Norway (CIF) - 2022
The average import price for broad beans and horse beans (dry) stood at $497 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 21% against the previous year. As a result, import price reached the peak level of $622 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($547 per ton) and Denmark ($528 per ton), while the price for Estonia ($387 per ton) and Lithuania ($392 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Broad Bean and Horse Bean in Norway (FOB) - 2022
In 2022, the average export price for broad beans and horse beans (dry) amounted to $841 per ton, increasing by 92% against the previous year. Over the period under review, the export price posted a slight expansion. The export price peaked at $1,006 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,118 per ton), while the average price for exports to Germany ($435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+151.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Broad Bean and Horse Bean in Norway
In 2022, the amount of broad beans and horse beans (dry) imported into Norway skyrocketed to 220K tons, rising by 49% compared with the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, broad bean and horse bean imports surged to $109M in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 82% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Broad Bean and Horse Bean in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.4 | 5.1 | 8.7 | 28.5 | 86.4% |
| United Kingdom | 1.8 | 3.3 | 11.2 | 22.9 | 133.4% |
| Netherlands | N/A | N/A | 2.3 | 22.7 | 887.0% |
| Denmark | 3.9 | 7.8 | 10.8 | 18.8 | 68.9% |
| Poland | 1.1 | 2.2 | 3.8 | 5.7 | 73.0% |
| Lithuania | 0.7 | 0.2 | 1.5 | 5.7 | 101.2% |
| Belgium | N/A | N/A | N/A | 3.1 | 0% |
| Others | 11.1 | 17.6 | 27.8 | 1.8 | -45.5% |
| Total | 23.0 | 36.2 | 66.0 | 109 | 68.0% |
Top Suppliers of Broad Bean and Horse Bean to Norway in 2022:
- France (56.2K tons)
- United Kingdom (48.0K tons)
- Netherlands (44.9K tons)
- Denmark (35.5K tons)
- Lithuania (14.6K tons)
- Poland (11.6K tons)
- Belgium (5.7K tons)
Exports of Broad Bean and Horse Bean in Norway
In 2022, the amount of broad beans and horse beans (dry) exported from Norway surged to 333 kg, rising by 73% against the year before. Over the period under review, exports enjoyed a strong expansion.
In value terms, broad bean and horse bean exports skyrocketed to $280 in 2022. In general, exports showed a tangible increase.
| Export of Broad Bean and Horse Bean in Norway (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 198 | 48.0 | 25.0 | 106 | -18.8% |
| Netherlands | N/A | N/A | 28.0 | 19.0 | -32.1% |
| Germany | N/A | N/A | N/A | 10.0 | 0% |
| Finland | 24.0 | 11.0 | 1.0 | 5.0 | -40.7% |
| Sweden | N/A | 417 | N/A | N/A | 0% |
| Others | 42.0 | N/A | 30.0 | 140 | 49.4% |
| Total | 264 | 476 | 84.0 | 280 | 2.0% |
Top Export Markets for Broad Bean and Horse Bean from Norway in 2022:
- Denmark (113.0 kg)
- Germany (23.0 kg)
- Netherlands (17.0 kg)
- Finland (9.0 kg)
This report provides an in-depth analysis of the market for broad bean and horse bean in Norway. 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 181 - Broad beans, dry
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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