EU: Chick Peas Market 2024

Chick Peas Market Size in the EU

The EU chick peas market soared to $X in 2023, jumping by X% against the previous year. The total consumption indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Chick Peas Production in the EU

In value terms, chick peas production rose significantly to $X in 2023 estimated in export price. Over the period under review, production enjoyed resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2023 were Italy (X tons), Spain (X tons) and Greece (X tons), together comprising X% of total production. France, Bulgaria and Portugal lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average chick peas yield reached X tons per ha in 2023, picking up by X% against the year before. The yield indicated a pronounced 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, chick peas yield decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2013 when the yield increased by X%. The level of yield peaked at X tons per ha in 2021; 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, approx. X ha of chick peas were harvested in the European Union; with an increase of X% against 2022. Over the period under review, the harvested area showed a buoyant increase. The pace of growth was the most pronounced in 2014 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to chick peas production reached the maximum at X ha in 2021; however, from 2022 to 2023, the harvested area stood at a somewhat lower figure.

Chick Peas Exports

Exports in the EU

In 2023, shipments abroad of chick peas decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, chick peas exports rose notably to $X in 2023. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, France (X tons), distantly followed by Belgium (X tons), the Netherlands (X tons), Bulgaria (X tons), Italy (X tons), Spain (X tons) and Portugal (X tons) were the key exporters of chick peas, together creating X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Among the main exporting countries, France, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; afterwards, it flattened through to 2023.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Chick Peas Imports

Imports in the EU

Chick peas imports soared to X tons in 2023, increasing by X% compared with 2022. Total imports indicated resilient growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, chick peas imports skyrocketed to $X in 2023. Total imports indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The growth pace was the most rapid in 2017 with an increase of X%. The level of import peaked in 2023 and is likely to continue growth in the immediate term.

Imports by Country

Spain (X tons) and Italy (X tons) were the main importers of chick peas in 2023, reaching approx. X% and X% of total imports, respectively. France (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Germany (X%), Belgium (X%) and the Netherlands (X%). Poland (X tons) held a relatively small share of total imports.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chick peas importing markets in the European Union were Spain ($X), Italy ($X) and France ($X), with a combined X% share of total imports. Germany, Belgium, the Netherlands and Poland lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the import price increased by X%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Germany ($X per ton) and Spain ($X per ton), while Italy ($X per ton) and Poland ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform