Russian Federation - Dry Bean - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Bean Price in Russia - 2022
Contents:
- Dry Bean Price in Russia (CIF) - 2022
- Dry Bean Price in Russia (FOB) - 2022
- Dry Bean Imports in Russia
- Dry Bean Exports in Russia
Dry Bean Price in Russia (CIF) - 2022
In 2022, the average dry bean import price amounted to $899 per ton, reducing by -19.3% against the previous year. In general, the import price showed a slight curtailment. The most prominent rate of growth was recorded in 2017 an increase of 17%. Over the period under review, average import prices attained the peak figure at $1,192 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,544 per ton), while the price for Ethiopia ($717 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Bean Price in Russia (FOB) - 2022
The average dry bean export price stood at $1,334 per ton in January 2022, standing approximately at the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in November 2021 an increase of 50% m-o-m. The export price peaked at $1,465 per ton in April 2021; however, from May 2021 to January 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2022, the country with the highest price was Kazakhstan ($1,759 per ton), while the average price for exports to Ukraine ($961 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Bean Imports in Russia
In 2022, purchases abroad of beans (dry) decreased by -12.9% to 22K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 1% against the previous year. As a result, imports reached the peak of 27K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dry bean imports dropped dramatically to $20M in 2022. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 12% against the previous year.
| Import of Dry Bean in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | 14.6 | 19.6 | 18.6 | 14.4 | -0.5% |
| Ethiopia | 4.0 | 2.1 | 3.3 | 1.8 | -23.4% |
| China | 4.3 | 4.0 | 3.8 | 1.0 | -38.5% |
| Kazakhstan | 0.1 | N/A | 0.5 | 1.0 | 115.4% |
| Uzbekistan | 0.7 | 1.0 | 1.1 | 0.9 | 8.7% |
| Argentina | 0.7 | 0.5 | 0.3 | 0.8 | 4.6% |
| Others | 1.0 | 1.2 | 1.1 | 0.3 | -33.1% |
| Total | 25.4 | 28.5 | 28.6 | 20.1 | -7.5% |
Top Suppliers of Dry Bean to Russia in 2022:
- Kyrgyzstan (16.4K tons)
- Ethiopia (2.5K tons)
- Uzbekistan (1.0K tons)
- Kazakhstan (1.0K tons)
- China (0.7K tons)
- Argentina (0.7K tons)
Dry Bean Exports in Russia
In 2022, shipments abroad of beans (dry) increased by 195% to 3.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, dry bean exports soared to $21M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Dry Bean in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.1 | N/A | N/A | 17.3 | 457.2% |
| Turkey | 1.1 | 1.3 | 0.8 | 2.3 | 27.9% |
| Belarus | 0.1 | 0.1 | 0.3 | 0.6 | 81.7% |
| Ukraine | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| Kazakhstan | 0.2 | 0.3 | 0.3 | 0.1 | -20.6% |
| Others | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Total | 2.0 | 2.0 | 1.7 | 20.8 | 118.3% |
Top Export Markets for Dry Bean from Russia in 2022:
- Turkey (1604.7 tons)
- Japan (1065.6 tons)
- Ukraine (672.6 tons)
- Belarus (474.3 tons)
- Kazakhstan (71.7 tons)
This report provides an in-depth analysis of the dry bean market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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
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The global market for dry beans has seen significant growth over the years, with several countries emerging as key importers. In this article, we will explore the top five import markets for dry beans, providing key statistics and insights into their import values. The data used in this article is sourced from the IndexBox market intelligence platform. India tops the list of the world's best import markets for dry beans. China comes in a close second. The United States holds the third position. Pakistan ranks fourth. Japan is another important importer. These countries rely on imports to meet their domestic demand for dry beans, driven by factors such as population growth, changing dietary preferences, and limited domestic production. The data used in this article was sourced from the IndexBox market intelligence platform, a reliable source for market statistics and insights.
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