Asia: Green Bean Market 2022

Green Bean Market Size in Asia

In 2021, after three years of decline, there was growth in the Asian green bean market, when its value increased by X% to $X. Over the period under review, consumption recorded a mild reduction. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Green Bean Production in Asia

In value terms, green bean production expanded modestly to $X in 2021 estimated in export prices. Overall, production, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% y-o-y. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

China (X tonnes) constituted the country with the largest volume of green bean production, accounting for X% of total volume. Moreover, green bean production in China exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), more than tenfold. The third position in this ranking was occupied by Turkey (X tonnes), with a X% share.

In China, green bean production remained relatively stable over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and Turkey (-X% per year).

The average green bean yield dropped modestly to X tonnes per ha in 2021, standing approx. at the year before. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tonnes per ha. From 2016 to 2021, 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.

In 2021, the green bean harvested area in Asia totaled X ha, leveling off at 2020. In general, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha; afterwards, it flattened through to 2021.

Production By Country in Asia

The country with the largest volume of green bean production was China (X tonnes), comprising approx. X% of total volume. Moreover, green bean production in China exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), more than tenfold. The third position in this ranking was occupied by Turkey (X tonnes), with a X% share.

In China, green bean production remained relatively stable over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and Turkey (-X% per year).

Green Bean Exports

Exports in Asia

After two years of growth, overseas shipments of green beans decreased by -X% to X tonnes in 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X% y-o-y. As a result, the exports reached the peak of X tonnes, and then dropped notably in the following year.

In value terms, green bean exports shrank markedly to $X in 2021. Over the period under review, exports, however, saw a slight reduction. The growth pace was the most rapid in 2020 with an increase of X% y-o-y. As a result, the exports reached the peak of $X, and then contracted notably in the following year.

Exports by Country

In 2021, Malaysia (X tonnes) and China (X tonnes) represented the main exporters of green beans in Asia, together recording approx. X% of total exports. It was distantly followed by India (X tonnes), Oman (X tonnes) and Turkey (X tonnes), together achieving a X% share of total exports. Iran (X tonnes), Indonesia (X tonnes), Lao People's Democratic Republic (X tonnes), Jordan (X tonnes) and Bangladesh (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lao People's Democratic Republic (+X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest green bean supplying countries in Asia were India ($X), Malaysia ($X) and Oman ($X), together accounting for X% of total exports. China, Lao People's Democratic Republic, Turkey, Indonesia, Jordan, Bangladesh and Iran lagged somewhat behind, together accounting for a further X People's Democratic Republic, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The green bean export price in Asia stood at $X per tonne in 2021, declining by -X% against the previous year. Over the period under review, the export price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per tonne, and then reduced rapidly in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was Oman ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+X%), while the other leaders experienced more modest paces of growth.

Green Bean Imports

Imports in Asia

In 2021, approx. X tonnes of green beans were imported in Asia; with a decrease of -X% on the previous year's figure. Over the period under review, imports recorded a pronounced descent. The growth pace was the most rapid in 2020 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, green bean imports shrank sharply to $X in 2021. In general, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of X% y-o-y. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Singapore was the largest importer of green beans in Asia, with the volume of imports finishing at X tonnes, which was near X% of total imports in 2021. Kuwait (X tonnes) took an X% share (based on tonnes) of total imports, which put it in second place, followed by Qatar (X%), China (X%), the United Arab Emirates (X%) and Macao SAR (X%). Bahrain (X tonnes), Maldives (X tonnes), India (X tonnes) and Indonesia (X tonnes) held a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to green bean imports into Singapore stood at -X%. At the same time, Macao SAR (+X%), China (+X%), Kuwait (+X%), Indonesia (+X%) and Maldives (+X%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2012-2021. Bahrain experienced a relatively flat trend pattern. By contrast, Qatar (-X%), the United Arab Emirates (-X%) and India (-X%) illustrated a downward trend over the same period. Kuwait (+X p.p.), China (+X p.p.), Singapore (+X p.p.), Macao SAR (+X p.p.) and Maldives (+X p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Qatar ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2021, together comprising X% of total imports. These countries were followed by China, the United Arab Emirates, Maldives, India, Bahrain, Macao SAR and Indonesia, which together accounted for a further X SAR, with a CAGR of +X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the green bean import price in Asia amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2020 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Maldives ($X per tonne), while Macao SAR ($X per tonne) was amongst the lowest.

From 2012 to 2021, 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