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World - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Sep 29, 2020

Global Green Bean Market Grows Robustly to $31B

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IndexBox has just published a new report: 'World - Green Beans - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global green bean market was estimated at $31.1B in 2019, surging by 4.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). 

The market value increased at an average annual rate of +1.3% from 2013 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. 

Taking into account the closure of the HoReCa sector worldwide due to the pandemic, a decrease in consumer incomes and possible disruptions in the work of international supply chains, global green bean consumption is expected to stagnate in 2020. Afterward, the start of gradual market growth is expected as the global economy recovers from the effects of the pandemic. The market is forecast to expand with an anticipated CAGR of +1.3% for the period from 2019 to 2030, which is projected to bring the market volume to 31M tonnes by the end of 2030.

Consumption by Country

China (21M tonnes) remains the largest green bean consuming country worldwide, comprising approx. 75% of total volume. Moreover, green bean consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia (946K tonnes), more than tenfold. The U.S. (862K tonnes) ranked third in terms of total consumption with a 3.1% share.

From 2013 to 2019, the average annual rate of growth in terms of volume in China amounted to +3.6%. The remaining consuming countries recorded the following average annual rates of consumption growth: Indonesia (+1.2% per year) and the U.S. (-0.3% per year).

In value terms, China ($19.1B) led the market, alone. The second position in the ranking was occupied by Indonesia ($2.1B). It was followed by the U.S.

The countries with the highest levels of green bean per capita consumption in 2019 were China (14 kg per person), Turkey (8.18 kg per person) and Indonesia (3.49 kg per person).

Production

In 2019, approx. 27M tonnes of green beans were produced worldwide; rising by 2.8% compared with the previous year's figure. The total output volume increased at an average annual rate of +2.8% over the period from 2013 to 2019. Over the period under review, global production attained the maximum volume in 2019 and is likely to continue growing in years to come. The generally positive trend in terms output was largely conditioned by a moderate increase of the harvested area and a pronounced expansion in yield figures.

Production By Country

China (21M tonnes) constituted the country with the largest volume of green bean production, comprising approx. 75% of total volume. Moreover, green bean production in China exceeded the figures recorded by the second-largest producer, Indonesia (946K tonnes), more than tenfold. The third position in this ranking was occupied by the U.S. (813K tonnes), with a 3% share.

In China, green bean production increased at an average annual rate of +3.6% over the period from 2013-2019. In the other countries, the average annual rates were as follows: Indonesia (+1.2% per year) and the U.S. (-0.6% per year).

Harvested Area and Yield

The global green bean harvested area was estimated at 1.8M ha in 2019, approximately mirroring the previous year's figure. In 2019, the global average yield of green beans reached 15 tonnes per ha, growing by 2.1% compared with the year before. The yield figure increased at an average annual rate of +2.1% from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. 

Imports

In 2019, the amount of green beans imported worldwide fell modestly to 597K tonnes, waning by -3.6% against 2018. Over the period under review, imports, however, showed a relatively flat trend pattern. Global imports peaked at 620K tonnes in 2018, and then fell slightly in the following year. In value terms, green bean imports shrank to $998M (IndexBox estimates) in 2019. 

Imports by Country

The countries with the highest levels of green bean imports in 2019 were Spain (110K tonnes), Belgium (88K tonnes), the U.S. (78K tonnes), the Netherlands (66K tonnes), France (49K tonnes), the UK (37K tonnes), Germany (25K tonnes), Canada (21K tonnes) and Italy (21K tonnes), together reaching 83% of total import. Madagascar (12K tonnes) followed a long way behind the leaders.

From 2013 to 2019, the biggest increases were in Madagascar, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Spain ($164M), the U.S. ($127M) and the Netherlands ($125M) constituted the countries with the highest levels of imports in 2019, with a combined 42% share of global imports. These countries were followed by the UK, France, Canada, Belgium, Germany, Italy and Madagascar, which together accounted for a further 46%.

Import Prices by Country

In 2019, the average green bean import price amounted to $1,671 per tonne, rising by 1.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 3.6% y-o-y. As a result, import price reached the peak level of $1,705 per tonne; afterward, it flattened through to 2019.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Canada ($3,283 per tonne), while Madagascar ($241 per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Product coverage:
• FCL 414 - Beans, green
• FCL 423 - String Beans

This report provides an in-depth analysis of the global green bean market. 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 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2018–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007-2020
Table 7:
Yield, By Country, 2007-2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007-2020
Figure 25:
Yield, By Country, 2007-2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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