Broad Bean and Horse Bean Market

Broad bean and horse bean market: find recently published statistics powered by an Ai-driven business intelligence tool. Facts and figures include production, exports, market prices, trade, companies, imports, consumption, and market size. Here is a breakdown by country, including EU, the U.K., Russia, Africa, China, the U.S., the Middle East, and Latin America. Market insights and outlook to 2030 are also featured in the reports.


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Broad Bean and Horse Bean - World's Largest Markets

RatingCountry
1China
2Ethiopia
3Egypt
4United Kingdom
5Sudan

In value terms, China led the market, alone. The second position in the ranking was occupied by Ethiopia. It was followed by Egypt.

In China, the broad bean and horse bean market remained relatively stable over the period from 2019-2021. The remaining consuming countries recorded the following average annual rates of market growth: Ethiopia (-1.5% per year) and Egypt (-2.6% per year).

Broad Bean And Horse Bean Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Lithuania395316342-7.0%
Latvia347332342-0.7%
Australia661793364-25.8%
France3633343974.6%
Germany489406397-9.9%
United Kingdom3783824033.3%
Poland32138241914.2%
Egypt26250348135.5%
Denmark574461491-7.5%
Average519509410-11.1%

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Denmark ($491 per ton) and Egypt ($481 per ton), while Lithuania ($342 per ton) and Latvia ($342 per ton) were amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Egypt48639078226.8%
Indonesia841722521-21.3%
Italy512481488-2.4%
Morocco635623450-15.8%
United Arab Emirates792606437-25.7%
India548522424-12.0%
Saudi Arabia744569411-25.7%
France3633884096.1%
Netherlands396335359-4.8%
Sudan484475343-15.8%
Denmark3162853312.3%
Norway408409295-15.0%
Latvia254282204-10.4%
Average524448517-0.7%

Prices varied noticeably by the country of destination; the country with the highest price was Egypt ($782 per ton), while Latvia ($204 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced more modest paces of growth.

Broad Bean and Horse Bean - Top Importers

COUNTRY201920202021CAGR,
2019-2021
million USD
Egypt2222272281.4%
Norway23363013.5%
Saudi Arabia332227-8.5%
France119.81931.4%
Italy10151936.8%

In value terms, Egypt ($228M) constitutes the largest market for imported broad beans and horse beans (dry) worldwide, comprising 44% of global imports. The second position in the ranking was occupied by Norway ($30M), with a 5.8% share of global imports. It was followed by Saudi Arabia, with a 5.3% share.

In Egypt, broad bean and horse bean imports increased at an average annual rate of +1.4% over the period from 2019-2021. In the other countries, the average annual rates were as follows: Norway (+13.5% per year) and Saudi Arabia (-8.5% per year).

Broad Bean and Horse Bean - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
million USD
Australia1751761976.0%
United Kingdom4653537.3%
Lithuania30434217.5%
Latvia10333072.5%
Germany242222-5.0%

In value terms, Australia ($197M) remains the largest broad bean and horse bean supplier worldwide, comprising 39% of global exports. The second position in the ranking was occupied by the UK ($53M), with a 10% share of global exports. It was followed by Lithuania, with a 8.3% share.

From 2019 to 2021, the average annual growth rate of value in Australia stood at +6.0%. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (+7.3% per year) and Lithuania (+17.5% per year).

Broad Bean and Horse Bean - Market Forecast

Driven by increasing demand for broad bean and horse bean worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Broad Bean and Horse Bean - Top Companies

Test Company Prod, Spokane Seed Company, Rancho Medio Kilo, S.P.R. de R.L., Agricola La Venta S.A., Latham Hi-Tech Hybrids, Inc., AGROALTOS S.A., Agricola Sol de Villacuri S.A.C., Quality Grains Trading Company, GREEN VEGETABLES & FLOWERS S.A.C., CONO S.A., Viterra USA LLC, Erwin-Keith, Inc., Eastern Colorado Seeds, LLC, SEVEN GABLES CHILE LLC OFICINA DE REPRESENTACION EN CHILE, SPECIALITIES ARGENTINA S.A., Lakeview Hutterian Brethren Inc, Eggishof AG, Agrar GmbH Wormsdorf, Gomes Farms Inc, Pure Line Seeds, Inc.

Broad Bean and Horse Bean - Product Coverage

  • HS 071350 - Vegetables, leguminous; broad beans (vicia faba var. major) and horse beans (vicia faba var. equina and vicia faba var. minor), shelled, whether or not skinned or split, dried
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World - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for broad bean and horse bean.

Africa - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for broad bean and horse bean in Africa.

Latin America and the Caribbean - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for broad bean and horse bean in Latin America and the Caribbean.

Middle East - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for broad bean and horse bean in the Middle East.

South-Eastern Asia - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for broad bean and horse bean in South-Eastern Asia.

Central Asia - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for broad bean and horse bean in Central Asia.

Northern America - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for broad bean and horse bean in Northern America.

Eastern Asia - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for broad bean and horse bean in Eastern Asia.

Australia and Oceania - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for broad bean and horse bean in Australia and Oceania.

Southern Asia - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for broad bean and horse bean in Southern Asia.

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