Argentina: Market for Broad Beans And Horse Beans (Dry) 2024

Market Size for Broad Beans And Horse Beans (Dry) in Argentina

The Argentinian market for broad beans and horse beans (dry) rose notably to $X in 2022, increasing by X% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Broad Beans And Horse Beans (Dry) in Argentina

In value terms, broad bean and horse bean production soared to $X in 2022 estimated in export price. In general, production, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of broad beans and horse beans (dry) in Argentina was estimated at X tons per ha, approximately reflecting 2021. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the average broad bean and horse bean yield reached the maximum level at X tons per ha in 2016; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of broad beans and horse beans (dry) were harvested in Argentina; flattening at the previous year. In general, the harvested area, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X% against the previous year. The broad bean and horse bean harvested area peaked at X ha in 2021, and then reduced modestly in the following year.

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Exports of Broad Beans And Horse Beans (Dry)

Exports from Argentina

In 2022, the amount of broad beans and horse beans (dry) exported from Argentina fell sharply to X tons, dropping by X% on the year before. In general, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, broad bean and horse bean exports shrank remarkably to $X in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for broad bean and horse bean exports from Argentina, with a X% share of total exports. Moreover, broad bean and horse bean exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X kg), twofold. Norway (X kg) ranked third in terms of total exports with a X% share.

From 2014 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Norway (X% per year).

In value terms, the largest markets for broad bean and horse bean exported from Argentina were Germany ($X), Uruguay ($X) and the Czech Republic ($X), with a combined X% share of total exports.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for broad beans and horse beans (dry) amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price recorded a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Argentina

In 2022, supplies from abroad of broad beans and horse beans (dry) decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, broad bean and horse bean imports declined rapidly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then shrank sharply in the following year.

Imports by Country

Bolivia (X tons) and Italy (X tons) were the main suppliers of broad bean and horse bean imports to Argentina.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%).

In value terms, Italy ($X) constituted the largest supplier of broad beans and horse beans (dry) to Argentina, comprising X% of total imports. The second position in the ranking was taken by Bolivia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%.

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Bolivia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform