Czech Republic: Market for Broad Beans And Horse Beans (Dry) 2022

Market Size for Broad Beans And Horse Beans (Dry) in the Czech Republic

The Czech market for broad beans and horse beans (dry) declined significantly to $X in 2021, waning by -X% against the previous year. In general, consumption saw a noticeable shrinkage. As a result, consumption attained the peak level of $X, and then reduced notably in the following year.

Production of Broad Beans And Horse Beans (Dry) in the Czech Republic

In value terms, broad bean and horse bean production fell markedly to $X in 2021 estimated in export prices. In general, production continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X, and then reduced notably in the following year.

The average yield of broad beans and horse beans (dry) in the Czech Republic shrank markedly to X tonnes per ha in 2021, with a decrease of -X% compared with the year before. In general, the yield, however, saw a temperate increase. The most prominent rate of growth was recorded in 2020 with an increase of X% y-o-y. As a result, the yield reached the peak level of X tonnes per ha, and then fell sharply in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The broad bean and horse bean harvested area in the Czech Republic contracted slightly to X ha in 2021, which is down by -X% compared with the previous year's figure. Over the period under review, the harvested area showed a abrupt downturn. The growth pace was the most rapid in 2013 when the harvested area increased by X% year-to-year. As a result, the harvested area reached the peak level of X ha. From 2014 to 2021, the growth of the broad bean and horse bean harvested area remained at a somewhat lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports from the Czech Republic

In 2021, the amount of broad beans and horse beans (dry) exported from the Czech Republic skyrocketed to X tonnes, picking up by X% against 2020 figures. Over the period under review, exports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tonnes in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, broad bean and horse bean exports surged to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tonnes) was the main destination for broad bean and horse bean exports from the Czech Republic, with a X% share of total exports. Moreover, broad bean and horse bean exports to Germany exceeded the volume sent to the second major destination, Italy (X tonnes), threefold. The third position in this ranking was occupied by Austria (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Austria (-X% per year).

In value terms, the largest markets for broad bean and horse bean exported from the Czech Republic were Germany ($X), Austria ($X) and Italy ($X), with a combined X% share of total exports. Lithuania, France and Poland lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for broad beans and horse beans (dry) amounted to $X per tonne, remaining stable against the previous year. Overall, the export price, however, enjoyed a mild expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Austria ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Broad Beans And Horse Beans (Dry)

Imports into the Czech Republic

In 2021, purchases abroad of broad beans and horse beans (dry) decreased by -X% to X tonnes, falling for the third year in a row after three years of growth. Over the period under review, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, broad bean and horse bean imports declined sharply to $X in 2021. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tonnes) constituted the largest supplier of broad bean and horse bean to the Czech Republic, accounting for a X% share of total imports. Moreover, broad bean and horse bean imports from France exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), sixfold.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Slovakia (-X% per year).

In value terms, France ($X) constituted the largest supplier of broad bean and horse bean to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Slovakia (+X% per year).

Import Prices by Country

In 2021, the average import price for broad beans and horse beans (dry) amounted to $X per tonne, growing by X% against the previous year. Overall, the import price recorded a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Slovakia ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform