Scandinavia: Dry Peas Market 2025

Dry Peas Market Size in Scandinavia

In 2021, after three years of growth, there was decline in the Scandinavia dry peas market, when its value decreased by -2.5% to $X. The total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +9.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +84.9% against 2017 indices. Over the period under review, the market reached the peak level at $X in 2020, and then reduced modestly in the following year.

Dry Peas Production in Scandinavia

In value terms, dry peas production declined rapidly to $X in 2021 estimated in export price. The total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +28.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 57%. As a result, production reached the peak level of $X, and then dropped markedly in the following year.

The countries with the highest volumes of production in 2021 were Sweden (X tons), Finland (X tons) and Denmark (X tons), together comprising 97% of total production.

From 2012 to 2021, the biggest increases were in Finland (with a CAGR of +16.1%), while production for the other leaders experienced more modest paces of growth.

The average dry peas yield dropped slightly to X tons per ha in 2021, remaining stable against the previous year. The yield figure increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of 41% against the previous year. Over the period under review, the dry peas yield reached the maximum level at X tons per ha in 2017; however, from 2018 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of peas (dry) production in Scandinavia contracted modestly to X ha, with a decrease of -4.9% compared with 2020 figures. The total harvested area indicated prominent growth from 2012 to 2021: its figure increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dry peas harvested area increased by +17.9% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of 58% against the previous year. Over the period under review, the harvested area dedicated to dry peas production reached the maximum at X ha in 2020, and then shrank modestly in the following year.

Dry Peas Exports

Exports in Scandinavia

In 2021, approx. X tons of peas (dry) were exported in Scandinavia; with a decrease of -17.8% compared with the previous year. In general, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2015 when exports increased by 71%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, dry peas exports dropped to $X in 2021. Total exports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +28.9% against 2019 indices. The pace of growth appeared the most rapid in 2015 when exports increased by 42% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Sweden (X tons) was the main exporter of peas (dry), creating 76% of total exports. It was distantly followed by Denmark (X tons), constituting a 22% share of total exports. Norway (X tons) took a minor share of total exports.

Exports from Sweden increased at an average annual rate of +8.4% from 2012 to 2021. At the same time, Norway (+14.3%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +14.3% from 2012-2021. Denmark experienced a relatively flat trend pattern. From 2012 to 2021, the share of Sweden increased by +12 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest dry peas supplier in Scandinavia, comprising 68% of total exports. The second position in the ranking was taken by Denmark ($X), with a 28% share of total exports.

In Sweden, dry peas exports expanded at an average annual rate of +9.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Denmark (-3.4% per year) and Norway (+10.2% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, growing by 12% against the previous year. In general, the export price, however, continues to indicate a slight descent. The pace of growth was the most pronounced in 2013 when the export price increased by 40% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+1.2%), while the other leaders experienced a decline in the export price figures.

Dry Peas Imports

Imports in Scandinavia

In 2021, the amount of peas (dry) imported in Scandinavia shrank to X tons, with a decrease of -11.2% compared with 2020 figures. Over the period under review, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 72%. The volume of import peaked at X tons in 2020, and then contracted in the following year.

In value terms, dry peas imports expanded rapidly to $X in 2021. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 57% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Norway dominates imports structure, recording X tons, which was approx. 88% of total imports in 2021. It was distantly followed by Denmark (X tons), mixing up a 7.3% share of total imports. Sweden (X tons) held a relatively small share of total imports.

Norway was also the fastest-growing in terms of the peas (dry) imports, with a CAGR of +15.9% from 2012 to 2021. At the same time, Sweden (+8.5%) displayed positive paces of growth. Denmark experienced a relatively flat trend pattern. Norway (+16 p.p.) significantly strengthened its position in terms of the total imports, while Sweden and Denmark saw its share reduced by -1.7% and -14.8% from 2012 to 2021, respectively.

In value terms, Norway ($X) constitutes the largest market for imported peas (dry) in Scandinavia, comprising 83% of total imports. The second position in the ranking was taken by Denmark ($X), with a 9.8% share of total imports.

In Norway, dry peas imports expanded at an average annual rate of +14.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Denmark (+0.6% per year) and Sweden (+3.2% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, growing by 21% against the previous year. Overall, the import price, however, saw a mild curtailment. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Denmark ($X per ton), while Norway ($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 (+0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform