Argentina - Dry Bean - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 26, 2024

Argentina - Dry Bean - Market Analysis, Forecast, Size, Trends and Insights

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Dry Bean Price in Argentina - 2023

Contents:

  1. Dry Bean Price in Argentina (FOB) - 2022
  2. Dry Bean Price in Argentina (CIF) - 2022
  3. Dry Bean Exports in Argentina
  4. Dry Bean Imports in Argentina

Dry Bean Price in Argentina (FOB) - 2022

The average dry bean export price stood at $748 per ton in 2022, with a decrease of -14.6% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,134 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($957 per ton), while the average price for exports to Vietnam ($576 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+3.3%), while the prices for the other major destinations experienced a decline.

Dry Bean Price in Argentina (CIF) - 2022

In 2022, the average dry bean import price amounted to $2,741 per ton, rising by 43% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dry bean import price increased by +76.3% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,393 per ton), while the price for Peru ($1,584 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Dry Bean Exports in Argentina

After two years of decline, overseas shipments of beans (dry) increased by 3.1% to 424K tons in 2022. Overall, exports, however, saw a pronounced descent.

In value terms, dry bean exports shrank to $317M in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The smallest decline of -1.6% was in 2021.

Export of Dry Bean in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil86.866.450.341.9-21.6%
Italy34.140.042.035.11.0%
Spain36.141.342.631.3-4.6%
Turkey48.833.431.122.5-22.7%
Algeria49.714.634.621.9-23.9%
Colombia7.07.03.820.242.4%
Vietnam4.46.016.417.056.9%
Venezuela11.910.011.815.69.4%
Portugal18.916.825.615.2-7.0%
Philippines4.66.78.811.234.5%
Guatemala2.25.70.97.751.8%
Chile5.121.96.67.614.2%
France8.510.711.47.5-4.1%
Others62.385.274.162.30.0%
Total380366360317-5.9%

Top Export Markets for Dry Bean from Argentina in 2022:

  1. Brazil (72.6K tons)
  2. Italy (36.7K tons)
  3. Spain (36.2K tons)
  4. Vietnam (29.5K tons)
  5. Turkey (29.4K tons)
  6. Algeria (26.0K tons)
  7. Colombia (24.8K tons)
  8. Venezuela (21.7K tons)
  9. Philippines (18.2K tons)
  10. Portugal (17.8K tons)
  11. Guatemala (12.1K tons)
  12. Chile (10.5K tons)
  13. France (8.0K tons)

Dry Bean Imports in Argentina

After three years of growth, overseas purchases of beans (dry) decreased by -34.2% to 426 tons in 2022. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 15%.

In value terms, dry bean imports fell to $1.2M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of $1.2M, and then declined in the following year.

Import of Dry Bean in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19778.325246633.2%
United States494281244367-9.4%
Peru11735252830237.2%
BelgiumN/A85.0N/AN/A0%
Paraguay5.239.653.0N/A219.3%
Australia84.9N/A109N/A13.3%
BrazilN/AN/A32.9N/A0%
Others44.912925.431.7-11.0%
Total9439651,2441,1677.4%

Top Suppliers of Dry Bean to Argentina in 2022:

  1. Peru (191.0 tons)
  2. China (174.0 tons)
  3. United States (57.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dry bean market in Argentina. 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 176 - Beans, dry
  • FCL 203 - Bambara beans
  • FCL 195 - Cow peas, dry

Country coverage:

  • Argentina

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Argentina
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

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