Report Update Nov 1, 2024

Scandinavia - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights

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Scandinavia: Cow Peas Market 2024

Cow Peas Exports

Exports in Scandinavia

In 2021, the amount of cow peas (dry) exported in Scandinavia dropped dramatically to X kg, which is down by -64% against the previous year. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 276%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, cow peas exports contracted rapidly to $X in 2021. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 243% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Denmark (X kg), distantly followed by Sweden (X kg) represented the main exporters of cow peas (dry), together achieving 100% of total exports.

From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of -15.2%).

In value terms, the largest cow peas supplying countries in Scandinavia were Denmark ($X) and Sweden ($X).

In terms of the main exporting countries, Denmark, with a CAGR of -5.3%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, growing by 70% against the previous year. Over the period under review, the export price saw prominent growth. The pace of growth was the most pronounced in 2017 when the export price increased by 82%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Denmark ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+11.7%).

Cow Peas Imports

Imports in Scandinavia

In 2021, supplies from abroad of cow peas (dry) decreased by -38.9% to X tons for the first time since 2013, thus ending a seven-year rising trend. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 93% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then shrank sharply in the following year.

In value terms, cow peas imports dropped sharply to $X in 2021. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2014 when imports increased by 115% against the previous year. The level of import peaked at $X in 2020, and then contracted notably in the following year.

Imports by Country

Sweden represented the key importer of cow peas (dry) in Scandinavia, with the volume of imports resulting at X tons, which was near 66% of total imports in 2021. Norway (X tons) took a 21% share (based on physical terms) of total imports, which put it in second place, followed by Finland (6.3%) and Denmark (5.8%).

Sweden was also the fastest-growing in terms of the cow peas (dry) imports, with a CAGR of +33.8% from 2012 to 2021. At the same time, Finland (+30.5%) and Norway (+25.8%) displayed positive paces of growth. By contrast, Denmark (-14.7%) illustrated a downward trend over the same period. Sweden (+50 p.p.), Norway (+21 p.p.) and Finland (+4.4 p.p.) significantly strengthened its position in terms of the total imports, while Denmark saw its share reduced by -76.1% from 2012 to 2021, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported cow peas (dry) in Scandinavia, comprising 59% of total imports. The second position in the ranking was taken by Norway ($X), with a 24% share of total imports. It was followed by Finland, with a 9.8% share.

In Sweden, cow peas imports expanded at an average annual rate of +36.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Norway (+28.6% per year) and Finland (+30.2% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, picking up by 7.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.5%. The most prominent rate of growth was recorded in 2013 an increase of 38%. Over the period under review, import prices reached the peak figure in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the cow peas market in Scandinavia. 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 195 - Cow peas, dry

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Scandinavia, split by region and country
Trade (exports and imports) in Scandinavia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Finland
- Norway
- Sweden
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Harvested Area, By Country, 2012-2023
7. Yield, By Country, 2012-2023
8. Imports, In Physical Terms, By Country, 2012–2023
9. Imports, In Value Terms, By Country, 2012–2023
10. Import Prices, By Country Of Destination, 2012–2023
11. Exports, In Physical Terms, By Country, 2012–2023
12. Exports, In Value Terms, By Country, 2012–2023
13. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2023
19. Production, In Value Terms, 2012–2023
20. Area Harvested, 2012–2023
21. Yield, 2012–2023
22. Production, By Country, 2023
23. Production, In Physical Terms, By Country, 2012–2023
24. Harvested Area, By Country, 2023
25. Harvested Area, By Country, 2012-2023
26. Yield, By Country, 2012-2023
27. Imports, In Physical Terms, 2012–2023
28. Imports, In Value Terms, 2012–2023
29. Imports, In Physical Terms, By Country, 2023
30. Imports, In Physical Terms, By Country, 2012–2023
31. Imports, In Value Terms, By Country, 2012–2023
32. Import Prices, By Country, 2012–2023
33. Exports, In Physical Terms, 2012–2023
34. Exports, In Value Terms, 2012–2023
35. Exports, In Physical Terms, By Country, 2023
36. Exports, In Physical Terms, By Country, 2012–2023
37. Exports, In Value Terms, By Country, 2012–2023
38. Export Prices, 2012–2023