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World - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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 tons by the end of 2030.

Consumption by Country

China (21M tons) 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 tons), more than tenfold. The U.S. (862K tons) 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 tons 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 tons) 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 tons), more than tenfold. The third position in this ranking was occupied by the U.S. (813K tons), 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 tons 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 tons, waning by -3.6% against 2018. Over the period under review, imports, however, showed a relatively flat trend pattern. Global imports peaked at 620K tons 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 tons), Belgium (88K tons), the U.S. (78K tons), the Netherlands (66K tons), France (49K tons), the UK (37K tons), Germany (25K tons), Canada (21K tons) and Italy (21K tons), together reaching 83% of total import. Madagascar (12K tons) 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 ton, 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 ton; 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 ton), while Madagascar ($241 per ton) 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 Market Intelligence Platform

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 2030.

Product coverage:

  • FCL 414 - Beans, green
  • FCL 423 - String Beans

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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