U.S. - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Bean Price in the United States - 2023
Contents:
- Green Bean Price in the United States (CIF) - 2023
- Green Bean Price in the United States (FOB) - 2023
- Green Bean Imports in the United States
- Green Bean Exports in the United States
Green Bean Price in the United States (CIF) - 2023
In August 2023, the average green bean import price amounted to $2,236 per ton, waning by -6.1% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 14% month-to-month. The import price peaked at $2,382 per ton in July 2023, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Guatemala ($3,071 per ton), while the price for Canada ($1,572 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Mexico (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Green Bean Price in the United States (FOB) - 2023
In August 2023, the average green bean export price amounted to $2,483 per ton, rising by 28% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $3,022 per ton in January 2023; however, from February 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Canada ($4,208 per ton), while the average price for exports to Turkey ($889 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.2%), while the prices for the other major destinations experienced more modest paces of growth.
Green Bean Imports in the United States
In 2022, the amount of green beans imported into the United States rose modestly to 112K tons, surging by 1.9% on the previous year. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, green bean imports expanded notably to $207M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Green Bean in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 87.5 | 101 | 104 | 114 | 9.2% |
| Guatemala | 71.9 | 74.3 | 85.2 | 86.7 | 6.4% |
| Canada | 2.4 | 2.5 | 2.6 | 3.1 | 8.9% |
| Nicaragua | 3.0 | 4.4 | 2.4 | 1.1 | -28.4% |
| Others | 0.9 | 1.4 | 0.5 | 1.7 | 23.6% |
| Total | 166 | 183 | 195 | 207 | 7.6% |
Top Suppliers of Green Bean to the United States in 2022:
- Mexico (78.5K tons)
- Guatemala (30.1K tons)
- Canada (2.0K tons)
- Nicaragua (0.7K tons)
Green Bean Exports in the United States
In 2022, shipments abroad of green beans decreased by -14.8% to 27K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of 33K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, green bean exports declined to $72M in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 9.1% against the previous year.
| Export of Green Bean in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 55.3 | 58.7 | 60.1 | 59.3 | 2.4% |
| Dominican Republic | 2.6 | 1.4 | 0.3 | 3.5 | 10.4% |
| Mexico | 2.1 | 3.9 | 4.7 | 3.4 | 17.4% |
| Venezuela | 2.2 | 2.4 | 2.0 | 1.3 | -16.1% |
| Haiti | 0.5 | 1.8 | 1.7 | 1.1 | 30.1% |
| Costa Rica | 0.1 | 1.0 | 0.3 | 0.4 | 58.7% |
| Others | 3.9 | 3.4 | 4.7 | 2.6 | -12.6% |
| Total | 66.6 | 72.6 | 73.8 | 71.5 | 2.4% |
Top Export Markets for Green Bean from the United States in 2022:
- Canada (19.3K tons)
- Mexico (2.6K tons)
- Dominican Republic (2.3K tons)
- Haiti (0.7K tons)
- Costa Rica (0.4K tons)
- Venezuela (0.4K tons)
This report provides an in-depth analysis of the green bean market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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During the period under review, Green Bean imports reached record highs in 2023 and are expected to continue growing in the near future. The total value of Green Bean imports in 2023 was $232M.
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In July 2022, the green bean price per ton stood at $1,956 per ton, increasing by less than 0.1% against the previous month.
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In December 2022, the import of Green Peas experienced a significant growth rate of 60% compared to the previous month. However, by June 2023, the value of Green Peas imports declined to $6.8M.
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The global green bean market was estimated at $31.1B in 2019, surging by 4.7% against the previous year. This figure...
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Global green bean consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global green bean exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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Global green bean imports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
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In 2015, the country with the largest volume of the green bean output was China (X thousand tons), accounting for X% of global production.
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France continued its dominance of the global green bean trade. In 2014, France exported X thousand tons of green beans totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total bea
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Global green peas consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
