Norway: Green Peas Market 2024

Green Peas Market Size in Norway

In 2023, the Norwegian green peas market decreased by X% to $X, falling for the third year in a row after two years of growth. In general, the total consumption indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Green Peas Production in Norway

In value terms, green peas production dropped to $X in 2023 estimated in export price. Over the period under review, production showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

The average yield of peas (green) in Norway amounted to X tons per ha in 2023, almost unchanged from 2022. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by X% against the previous year. Over the period under review, the average green peas yield reached the peak level at X tons per ha in 2012; afterwards, it flattened through to 2023. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the green peas harvested area in Norway stood at X ha, remaining stable against the previous year. Overall, the total harvested area indicated a measured increase from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, green peas harvested area decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the harvested area dedicated to green peas production attained the maximum at X ha in 2013; however, from 2014 to 2023, the harvested area remained at a lower figure.

Green Peas Exports

Exports from Norway

In 2023, overseas shipments of peas (green) decreased by X% to X kg, falling for the third consecutive year after three years of growth. In general, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

In value terms, green peas exports dropped significantly to $X in 2023. Over the period under review, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

Exports by Country

Luxembourg (X kg) was the main destination for green peas exports from Norway, with a approx. X% share of total exports.

From 2013 to 2023, the average annual growth rate of volume to Luxembourg stood at X%.

In value terms, Luxembourg ($X) emerged as the key foreign market for peas (green) exports from Norway.

From 2013 to 2023, the average annual rate of growth in terms of value to Luxembourg amounted to X%.

Export Prices by Country

In 2023, the average green peas export price amounted to $X per ton, falling by X% against the previous year. In general, the export price recorded a abrupt setback. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2013 to 2023, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Green Peas Imports

Imports into Norway

In 2023, approx. X tons of peas (green) were imported into Norway; shrinking by X% against 2022 figures. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, green peas imports declined rapidly to $X in 2023. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Kenya (X tons), Guatemala (X tons) and Egypt (X tons) were the main suppliers of green peas imports to Norway, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Kenya ($X), Guatemala ($X) and Zimbabwe ($X) constituted the largest green peas suppliers to Norway, together accounting for X% of total imports. Peru, Egypt and China lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Egypt, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average green peas import price stood at $X per ton in 2023, rising by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from China ($X per ton) and Zimbabwe ($X per ton), while the price for Egypt ($X per ton) and Guatemala ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform