Asia: Green Bean Market 2024

Green Bean Market Size in Asia

The Asian green bean market expanded slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Green Bean Production in Asia

In value terms, green bean production expanded markedly to $X in 2022 estimated in export price. Overall, production, however, posted a prominent increase. The growth pace was the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

The country with the largest volume of green bean production was China (X tons), comprising approx. X% of total volume. Moreover, green bean production in China exceeded the figures recorded by the second-largest producer, Indonesia (X tons), more than tenfold. India (X tons) ranked third in terms of total production with a X% share.

In China, green bean production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (X% per year) and India (X% per year).

The average green bean yield shrank to X tons per ha in 2022, approximately reflecting the year before. Over the period under review, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the green bean yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The green bean harvested area reached X ha in 2022, remaining relatively unchanged against the year before. In general, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the harvested area dedicated to green bean production attained the maximum at X ha in 2019; afterwards, it flattened through to 2022.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Green Bean Exports

Exports in Asia

After four years of growth, shipments abroad of green beans decreased by X% to X tons in 2022. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, green bean exports rose slightly to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

China prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Myanmar (X tons), Malaysia (X tons) and Iran (X tons), together constituting a X% share of total exports. The following exporters - Oman (X tons) and Kyrgyzstan (X tons) - each accounted for a X% share of total exports.

China was also the fastest-growing in terms of the green beans exports, with a CAGR of X% from 2012 to 2022. At the same time, Iran (X%), Kyrgyzstan (X%) and Myanmar (X%) displayed positive paces of growth. Malaysia experienced a relatively flat trend pattern. By contrast, Oman (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and Iran (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Myanmar (X p.p.), Malaysia (X p.p.) and Oman (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest green bean supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Myanmar ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In China, green bean exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Myanmar (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated a strong expansion from 2012 to 2022: its price 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, green bean export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Green Bean Imports

Imports in Asia

Green bean imports dropped slightly to X tons in 2022, shrinking by X% compared with the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, green bean imports stood at $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Singapore (X tons) and the United Arab Emirates (X tons) represented the main importers of green beans in Asia, together resulting at near X% of total imports. Iraq (X tons) ranks next in terms of the total imports with an X% share, followed by Qatar (X%). Bahrain (X tons), Malaysia (X tons), Kuwait (X tons), Macao SAR (X tons), Oman (X tons), Georgia (X tons) and Maldives (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Macao SAR (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported green beans in Asia, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Qatar, with an X% share.

In Singapore, green bean imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Maldives ($X per ton), while Georgia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform