Colombia - Broad Beans And Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Broad Bean and Horse Bean in Colombia - 2021
Contents:
- Price for Broad Bean and Horse Bean in Colombia (CIF) - 2022
- Price for Broad Bean and Horse Bean in Colombia (FOB) - 2022
- Imports of Broad Bean and Horse Bean in Colombia
- Exports of Broad Bean and Horse Bean in Colombia
Price for Broad Bean and Horse Bean in Colombia (CIF) - 2022
In 2022, the average import price for broad beans and horse beans (dry) amounted to $522 per ton, declining by -62.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 133% against the previous year. As a result, import price reached the peak level of $1,386 per ton, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,409 per ton), while the price for Canada ($342 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Broad Bean and Horse Bean in Colombia (FOB) - 2022
The average export price for broad beans and horse beans (dry) stood at $1,438 per ton in 2022, picking up by 4% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broad bean and horse bean export price increased by +23.1% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 37%. As a result, the export price reached the peak level of $2,484 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,511 per ton), while the average price for exports to the Netherlands ($571 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 Aruba (+7.2%).
Imports of Broad Bean and Horse Bean in Colombia
In 2022, approx. 99 tons of broad beans and horse beans (dry) were imported into Colombia; jumping by 189% against 2021 figures. Overall, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, broad bean and horse bean imports expanded significantly to $52K in 2022. Over the period under review, imports, however, recorded a abrupt descent.
| Import of Broad Bean and Horse Bean in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 27.9 | 0% |
| Italy | 55.9 | 34.0 | 44.9 | 23.3 | -25.3% |
| United States | 7.6 | 6.1 | 2.7 | 0.7 | -54.8% |
| Peru | N/A | 13.5 | N/A | N/A | 0% |
| Others | 2.8 | 2.5 | 0.1 | N/A | -81.1% |
| Total | 66.3 | 56.2 | 47.7 | 51.9 | -7.8% |
Top Suppliers of Broad Bean and Horse Bean to Colombia in 2022:
- Canada (81.6 tons)
- Italy (16.5 tons)
- United States (1.2 tons)
Exports of Broad Bean and Horse Bean in Colombia
Broad bean and horse bean exports from Colombia shrank modestly to 208 kg in 2022, which is down by -1.9% on the year before. In general, exports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 5%.
In value terms, broad bean and horse bean exports rose modestly to $299 in 2022. Over the period under review, exports continue to indicate a sharp reduction.
| Export of Broad Bean and Horse Bean in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 788 | 302 | 286 | 287 | -28.6% |
| Netherlands | N/A | N/A | N/A | 4.0 | 0% |
| Aruba | 25.0 | 1.0 | 1.0 | 1.0 | -65.8% |
| Others | N/A | 2.0 | 6.0 | 7.0 | 87.1% |
| Total | 813 | 305 | 293 | 299 | -28.4% |
Top Export Markets for Broad Bean and Horse Bean from Colombia in 2022:
- United States (190.0 kg)
- Netherlands (7.0 kg)
- Aruba (1.0 kg)
This report provides an in-depth analysis of the market for broad bean and horse bean in Colombia. 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 181 - Broad beans, dry
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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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