Spain - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Bean Price in Spain Reaches High of $2,441 per Ton
Spain Green Bean Import Price in January 2023
In January 2023, the green bean price amounted to $2,441 per ton (CIF, Spain), picking up by 36% against the previous month. Overall, the import price recorded noticeable growth. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 56% month-to-month. The import price peaked in January 2023.
Average prices varied noticeably amongst the major supplying countries. In January 2023, the country with the highest price was Morocco ($2,448 per ton), while the price for France stood at $2,184 per ton.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Morocco (+2.3%).
Spain Green Bean Imports
In January 2023, imports of green beans into Spain fell markedly to 6.8K tons, declining by -29.5% on the previous month. Over the period under review, imports saw a pronounced setback. The most prominent rate of growth was recorded in July 2022 with an increase of 157% month-to-month. As a result, imports attained the peak of 15K tons. From August 2022 to January 2023, the growth of imports failed to regain momentum.
In value terms, green bean imports shrank slightly to $17M (IndexBox estimates) in January 2023. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 with an increase of 116% month-to-month. Over the period under review, imports reached the maximum at 19K tons in April 2022; however, from May 2022 to January 2023, imports stood at a somewhat lower figure.
Spain Green Bean Imports by Country
In January 2023, Morocco (6.7K tons) was the main green bean supplier to Spain, accounting for a 98% share of total imports. It was followed by France (33 tons), with a 0.5% share of total imports.
From January 2022 to January 2023, the average monthly rate of growth in terms of volume from Morocco stood at -2.4%.
In value terms, Morocco ($16M) constituted the largest supplier of green bean to Spain, comprising 99% of total imports. The second position in the ranking was taken by France ($73K), with a 0.4% share of total imports.
From January 2022 to January 2023, the average monthly rate of growth in terms of value from Morocco was relatively modest.
Green Bean Prices Skyrocket in 2023 Due to Weather Conditions and Increased Demand
The biggest spike in price was observed in 2023, when the price of green beans peaked at $2,441 per ton. Understanding what caused this peak is of vital importance to farmers, importers, and exporters alike.
Several factors contributed to the peak in green bean prices in Spain in 2023. Firstly, unfavorable weather conditions, including a heatwave, drought, and hailstorms, affected crops, leading to a decrease in yield. This was coupled with increased demand from countries like Germany, France, and the UK, leading to a shortage of supply. Secondly, the rising cost of transportation and packaging materials put pressure on suppliers, who had to pass on these costs to consumers.
The impact of this price increase was felt across the supply chain, with farmers, importers, and exporters all affected. Farmers were able to capitalize on the price increase, earning higher profits than they have in recent years. However, importers and exporters had to absorb the increased cost of transportation and packaging, putting a strain on their margins. Consumers also felt the pinch, with the cost of green beans increasing significantly in supermarkets across Europe.
Despite the challenges faced by the industry in 2023, green bean prices are expected to stabilize in the coming years. The weather conditions are predicted to improve, leading to an increase in yield. Importers and exporters will also find ways to optimize their supply chain and reduce costs.
This report provides an in-depth analysis of the green bean market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
