Australia’s Broad Bean Exports Maintained Strong Positions in 2014

Other Non-Perennial Crops September 08, 2015
Author: Alexander Romanenko
Chief Executive Officer

Australia dominates in the global trade of broad bean and horse bean. In 2014, Australia exported 347 thousand tonnes of broad beans and horse beans totaling 180 million USD, 4% over the previous year. Its primary trading partner was Egypt, where it supplied 62% of its total broad bean and horse bean exports in value terms, accounting for 36% of Egypt's total imports.

From 2007 to 2014, Australia was a net exporter of broad beans and horse beans. Over this period, exports consistently exceeded imports in value terms. In physical terms this difference was even more pronounced.

France and the United Kingdom were among the other main global suppliers of broad beans and horse beans in 2014. However, the fastest growing exporters from 2007 to 2014 were Peru (+35% per year) and Canada (+28% per year).

In addition to Egypt, Australia's top 4 trading partners in 2014 were Saudi Arabia, Indonesia, the United Arab Emirates and Jordan, with a combined 91% share of Australia's broad bean and horse bean exports. The share of Egypt surged (+23 percentage points), while the share of the United Arab Emirates illustrated negative dynamics (-8 percentage points).

Source: World: Broad Beans And Horse Beans (Dry) - Market Report. Analysis And Forecast To 2020