Scandinavia: Green Bean Market 2024

Green Bean Market Size in Scandinavia

After two years of growth, the Scandinavia green bean market decreased by X% to $X in 2023. Over the period under review, consumption, however, recorded a noticeable expansion. As a result, consumption attained the peak level of $X. From 2017 to 2023, the growth of the market remained at a somewhat lower figure.

Green Bean Production in Scandinavia

In value terms, green bean production declined remarkably to $X in 2023 estimated in export price. Over the period under review, production, however, posted a resilient increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

The country with the largest volume of green bean production was Norway (X tons), comprising approx. X% of total volume. Moreover, green bean production in Norway exceeded the figures recorded by the second-largest producer, Sweden (X tons), fourfold.

From 2012 to 2023, the average annual rate of growth in terms of volume in Norway totaled X%. In the other countries, the average annual rates were as follows: Sweden (X% per year) and Finland (X% per year).

The average green bean yield amounted to X tons per ha in 2023, leveling off at the previous year. Over the period under review, the yield saw a moderate increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of yield peaked at X tons per ha in 2016; however, from 2017 to 2023, 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 2023, the harvested area of green beans in Scandinavia shrank to X ha, waning by X% against the previous year's figure. The total harvested area indicated noticeable growth 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 bean harvested area increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2019; however, from 2020 to 2023, the harvested area stood at a somewhat lower figure.

Green Bean Exports

Exports in Scandinavia

In 2023, overseas shipments of green beans were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, green bean exports skyrocketed to $X in 2023. Overall, exports, however, continue to indicate a abrupt setback. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Sweden (X tons) represented the key exporter of green beans in Scandinavia, comprising X% of total export.

Sweden was also the fastest-growing in terms of the green beans exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) also remains the largest green bean supplier in Scandinavia.

In Sweden, green bean exports shrank by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Scandinavia amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then fell remarkably in the following year.

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

From 2012 to 2023, the rate of growth in terms of prices for Sweden amounted to X% per year.

Green Bean Imports

Imports in Scandinavia

In 2023, after three years of growth, there was significant decline in purchases abroad of green beans, when their volume decreased by X% to X tons. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

In value terms, green bean imports reduced slightly to $X in 2023. In general, imports recorded a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Sweden represented the main importing country with an import of around X tons, which reached X% of total imports. Norway (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Finland (X%).

Sweden experienced a relatively flat trend pattern with regard to volume of imports of green beans. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2023. Norway experienced a relatively flat trend pattern. From 2012 to 2023, the share of Finland increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported green beans in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

In Sweden, green bean imports plunged by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the import price, however, showed a pronounced decline. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform