Norway: Green Peas Market 2024

Green Peas Market Size in Norway

In 2022, the Norwegian green peas market increased by 0.3% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +57.4% against 2018 indices. Green peas consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Green Peas Production in Norway

In value terms, green peas production expanded slightly to $X in 2022 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.3% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by 96% against the previous year. Green peas production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of peas (green) in Norway totaled X tons per ha in 2022, remaining stable against 2021. In general, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 0.3%. 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 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of peas (green) production in Norway expanded markedly to X ha, surging by 5.3% on 2021 figures. Over the period under review, the total harvested area indicated temperate growth from 2012 to 2022: its figure increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green peas harvested area decreased by -4.9% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of 113%. The green peas harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Green Peas Exports

Exports from Norway

In 2022, overseas shipments of peas (green) decreased by -78.9% to X kg, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 802%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, green peas exports contracted sharply to $X in 2022. In general, exports showed a sharp decline. The growth pace was the most rapid in 2019 with an increase of 819% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for green peas exports from Norway, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at -18.6%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled -19.9%.

Export Prices by Country

In 2022, the average green peas export price amounted to $X per ton, picking up by 7% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 an increase of 24%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, 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 the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +42.5% per year.

Green Peas Imports

Imports into Norway

For the third consecutive year, Norway recorded decline in purchases abroad of peas (green), which decreased by -10.9% to X tons in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2019 with an increase of 28%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, green peas imports shrank to $X in 2022. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of 12%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Guatemala (X tons) constituted the largest supplier of green peas to Norway, with a 48% share of total imports. Moreover, green peas imports from Guatemala exceeded the figures recorded by the second-largest supplier, Peru (X tons), threefold. The third position in this ranking was held by Kenya (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Guatemala amounted to -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-0.6% per year) and Kenya (-5.1% per year).

In value terms, Guatemala ($X) constituted the largest supplier of peas (green) to Norway, comprising 43% of total imports. The second position in the ranking was taken by Peru ($X), with a 21% share of total imports. It was followed by Kenya, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Guatemala amounted to -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-4.8% per year) and Kenya (-8.9% per year).

Import Prices by Country

The average green peas import price stood at $X per ton in 2022, dropping by -3.3% against the previous year. In general, the import price continues to indicate a mild decline. The growth pace was the most rapid in 2020 when the average import price increased by 46%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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