China: Bambara Bean Market 2022

Bambara Bean Market Size in China

The Chinese bambara bean market amounted to $X in 2020, almost unchanged from the previous year. In general, consumption showed a precipitous decline. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Bambara Bean Production in China

In value terms, bambara bean production skyrocketed to $X in 2020 estimated in export prices. Overall, the total production indicated buoyant growth from 2012 to 2020: its value increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. Bambara bean production peaked at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.

In 2020, the average yield of bambara beans in China amounted to X kg per ha, therefore, remained relatively stable against the previous year. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of bambara beans production in China stood at X ha, approximately reflecting the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern.

Bambara Bean Exports

Exports from China

In 2020, shipments abroad of bambara beans decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. Over the period under review, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, bambara bean exports dropped remarkably to $X in 2020. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The U.S. (X tonnes), Democratic Republic of the Congo (X tonnes) and Germany (X tonnes) were the main destinations of bambara bean exports from China, with a combined X% share of total exports. These countries were followed by Malaysia, Canada and Montenegro, which together accounted for a further X 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Montenegro (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bambara bean exported from China were Germany ($X), the U.S. ($X) and Canada ($X), together comprising X% of total exports. Democratic Republic of the Congo, Malaysia and Montenegro lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Montenegro (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average bambara bean export price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, bambara bean export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Canada ($X per tonne), while the average price for exports to the U.S. ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Bambara Bean Imports

Imports into China

In 2020, overseas purchases of bambara beans decreased by X% to X kg, falling for the second consecutive year after two years of decline. In general, imports continue to indicate significant growth. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, bambara bean imports stood at $X in 2020. Overall, imports enjoyed a significant expansion. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2018, Madagascar (X tonnes) was the main supplier of bambara bean to China, accounting for a approx. X% share of total imports.

From 2012 to 2018, the average annual growth rate of volume from Madagascar was relatively modest.

In value terms, Madagascar ($X) constituted the largest supplier of bambara bean to China.

From 2012 to 2018, the average annual growth rate of value from Madagascar was relatively modest.

Import Prices by Country

The average bambara bean import price stood at $X per tonne in 2018, remaining relatively unchanged against the previous year. Overall, the import price recorded a slight contraction. Over the period under review, average import prices hit record highs at $X per tonne in 2016; however, from 2017 to 2018, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Madagascar.

From 2012 to 2018, the rate of growth in terms of prices for Madagascar amounted to X% per year.

Source: IndexBox Platform