Germany: Market for Broad Beans And Horse Beans (Dry) 2024

Market Size for Broad Beans And Horse Beans (Dry) in Germany

The German market for broad beans and horse beans (dry) totaled $X in 2023, picking up by X% against the previous year. In general, consumption continues to indicate buoyant growth. Broad bean and horse bean consumption peaked in 2023 and is likely to continue growth in the immediate term.

Production of Broad Beans And Horse Beans (Dry) in Germany

In value terms, broad bean and horse bean production dropped modestly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Broad bean and horse bean production peaked at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

In 2023, the average yield of broad beans and horse beans (dry) in Germany rose rapidly to X tons per ha, surging by X% on the previous year. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. The broad bean and horse bean yield peaked at X tons per ha in 2014; however, from 2015 to 2023, the yield stood at a somewhat lower figure. 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 Germany contracted to X ha in 2023, shrinking by X% compared with the previous year's figure. Over the period under review, the harvested area, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to broad bean and horse bean production attained the maximum at X ha in 2022, and then dropped in the following year.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Germany

In 2023, overseas shipments of broad beans and horse beans (dry) decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, broad bean and horse bean exports contracted to $X in 2023. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Egypt (X tons) and the Netherlands (X tons) were the main destinations of broad bean and horse bean exports from Germany, with a combined X% share of total exports. Morocco, Switzerland, Austria and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Morocco (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Egypt ($X) and the Netherlands ($X) appeared to be the largest markets for broad bean and horse bean exported from Germany worldwide, together comprising X% of total exports. Morocco, Switzerland, Austria and Denmark lagged somewhat behind, together accounting for a further X%.

Morocco, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average export price for broad beans and horse beans (dry) stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the export price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (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 Germany

Broad bean and horse bean imports into Germany skyrocketed to X tons in 2023, growing by X% compared with the previous year. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, broad bean and horse bean imports soared to $X in 2023. Overall, imports saw a resilient expansion. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

Poland (X tons), the UK (X tons) and Lithuania (X tons) were the main suppliers of broad bean and horse bean imports to Germany, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest broad bean and horse bean suppliers to Germany were Poland ($X), the UK ($X) and Lithuania ($X), with a combined X% share of total imports.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform