Australia and Oceania: Green Bean Market 2024

Green Bean Market Size in Australia and Oceania

The green bean market in Australia and Oceania contracted slightly to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Green Bean Production in Australia and Oceania

In value terms, green bean production dropped to $X in 2022 estimated in export price. In general, production recorded slight growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Australia (X tons) constituted the country with the largest volume of green bean production, accounting for X% of total volume. Moreover, green bean production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Australia stood at X%.

In 2022, the average green bean yield in Australia and Oceania soared to X tons per ha, growing by X% on the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the green bean yield attained the maximum level at X tons per ha in 2018; however, from 2019 to 2022, the 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 shrank to X ha in 2022, with a decrease of X% against the year before. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha, and then declined in the following year.

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Green Bean Exports

Exports in Australia and Oceania

Green bean exports shrank markedly to X tons in 2022, waning by X% on 2021. Overall, exports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, green bean exports declined significantly to $X in 2022. Over the period under review, exports saw a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Fiji (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to green bean exports from Australia stood at X%. Fiji experienced a relatively flat trend pattern. From 2012 to 2022, the share of Fiji increased by X percentage points.

In value terms, Australia ($X) remains the largest green bean supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Fiji ($X), with a X% share of total exports.

In Australia, green bean exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, jumping by X% against the previous year. Export price indicated moderate growth 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 2015 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while Fiji amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Green Bean Imports

Imports in Australia and Oceania

In 2022, approx. X tons of green beans were imported in Australia and Oceania; declining by X% against the previous year. Overall, imports saw a noticeable setback. The pace of growth was the most pronounced in 2014 when imports increased by X%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, green bean imports dropped sharply to $X in 2022. Over the period under review, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

The purchases of the two major importers of green beans, namely New Zealand and Australia, represented more than two-thirds of total import.

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

In value terms, New Zealand ($X) constitutes the largest market for imported green beans in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in New Zealand stood at X%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform