Central Asia: Green Bean Market 2024

Green Bean Market Size in Central Asia

In 2022, after three years of decline, there was growth in the Central Asian green bean market, when its value increased by X% to $X. Overall, consumption saw strong growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Green Bean Production in Central Asia

In value terms, green bean production reached $X in 2022 estimated in export price. In general, production recorded a prominent increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Tajikistan (X tons) constituted the country with the largest volume of green bean production, accounting for X% of total volume. Moreover, green bean production in Tajikistan exceeded the figures recorded by the second-largest producer, Kyrgyzstan (X tons), fivefold. The third position in this ranking was taken by Uzbekistan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Tajikistan totaled X%. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Uzbekistan (X% per year).

The average green bean yield totaled X tons per ha in 2022, picking up by X% on the previous year. The yield indicated slight growth from 2012 to 2022: its figure 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 yield decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. Over the period under review, the green bean yield hit record highs at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a lower figure. 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 rose slightly to X ha in 2022, with an increase of X% against the year before. The total harvested area indicated resilient growth from 2012 to 2022: its figure 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 harvested area increased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of harvested area peaked in 2022 and is expected to retain growth in the near future.

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Green Bean Exports

Exports in Central Asia

In 2022, green bean exports in Central Asia reduced notably to X tons, waning by X% on the previous year's figure. Over the period under review, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then declined markedly in the following year.

In value terms, green bean exports fell significantly to $X in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

The shipments of the one major exporters of green beans, namely Kyrgyzstan, represented more than two-thirds of total export.

Kyrgyzstan was also the fastest-growing in terms of the green beans exports, with a CAGR of X% from 2012 to 2022. Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kyrgyzstan ($X) also remains the largest green bean supplier in Central Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in Kyrgyzstan amounted to X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, falling by X% against the previous year. Export price indicated temperate 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 2019 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to X% per year.

Green Bean Imports

Imports in Central Asia

In 2022, approx. X tons of green beans were imported in Central Asia; growing by X% against 2021. Overall, imports showed a slight increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, green bean imports surged to $X in 2022. In general, imports showed pronounced growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Kazakhstan (X tons) and Tajikistan (X tons) dominates imports structure, together achieving X% of total imports. It was distantly followed by Kyrgyzstan (X tons), achieving a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Tajikistan (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest green bean importing markets in Central Asia were Kazakhstan ($X), Tajikistan ($X) and Kyrgyzstan ($X), with a combined X% share of total imports.

Tajikistan, with a CAGR of X%, recorded 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 mixed trends in the imports figures.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated a pronounced increase 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 import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform