Report Greece - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Dec 1, 2023

Greece - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Market for Broad Beans And Horse Beans (Dry) 2023

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

The Greek market for broad beans and horse beans (dry) shrank rapidly to $X in 2022, with a decrease of -28.7% against the previous year. Overall, consumption, however, continues to indicate a strong increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

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

In value terms, broad bean and horse bean production reduced remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2018 when the production volume increased by 1,100% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of broad beans and horse beans (dry) in Greece fell sharply to X tons per ha in 2022, which is down by -18.9% against 2021 figures. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by 215%. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average broad bean and horse bean 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.

In 2022, approx. X ha of broad beans and horse beans (dry) were harvested in Greece; waning by -19.3% on the year before. Over the period under review, the harvested area, however, showed a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 171% against the previous year. The broad bean and horse bean harvested area peaked at X ha in 2021, and then plummeted in the following year.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Greece

In 2022, broad bean and horse bean exports from Greece soared to X tons, jumping by 36% compared with 2021. In general, exports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2019 when exports increased by 70%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, broad bean and horse bean exports skyrocketed to $X in 2022. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 82% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Cyprus (X tons) was the main destination for broad bean and horse bean exports from Greece, accounting for a 52% share of total exports. Moreover, broad bean and horse bean exports to Cyprus exceeded the volume sent to the second major destination, Germany (X tons), threefold. The United States (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Cyprus totaled +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+19.0% per year) and the United States (+9.8% per year).

In value terms, Cyprus ($X) remains the key foreign market for broad beans and horse beans (dry) exports from Greece, comprising 40% of total exports. The second position in the ranking was held by Germany ($X), with a 20% share of total exports. It was followed by the United States, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Cyprus stood at +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+20.6% per year) and the United States (+16.1% per year).

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broad bean and horse bean export price increased by +15.4% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Greece

Broad bean and horse bean imports into Greece soared to X tons in 2022, jumping by 17% on the previous year's figure. Over the period under review, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, broad bean and horse bean imports rose sharply to $X in 2022. Overall, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) was the main broad bean and horse bean supplier to Greece, with a 97% share of total imports. It was followed by Italy (X tons), with a 1.3% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at -2.4%.

In value terms, Turkey ($X) constituted the largest supplier of broad beans and horse beans (dry) to Greece, comprising 95% of total imports. The second position in the ranking was taken by Italy ($X), with a 2.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at -3.4%.

Import Prices by Country

In 2022, the average import price for broad beans and horse beans (dry) amounted to $X per ton, with a decrease of -5.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for broad beans and horse beans (dry) in the world?
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The countries with the highest volumes of consumption in 2022 were China, Ethiopia and Egypt, together accounting for 52% of global consumption. The UK, Norway, Australia, Germany, Sudan, France, Italy, Lithuania, Morocco and Denmark lagged somewhat behind, together comprising a further 30%.
What are the largest producers of broad beans and horse beans (dry) in the world?
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The countries with the highest volumes of production in 2022 were China, Ethiopia and Australia, together accounting for 55% of global production. The UK, Lithuania, Germany, Sudan, France, Italy, Egypt and Latvia lagged somewhat behind, together accounting for a further 28%.
What are the leading suppliers of broad beans and horse beans (dry) to Greece?
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In value terms, Turkey constituted the largest supplier of broad beans and horse beans dry) to Greece, comprising 95% of total imports. The second position in the ranking was held by Italy, with a 2.3% share of total imports.
What are the leading importers of broad beans and horse beans (dry) from Greece?
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In value terms, Cyprus remains the key foreign market for broad beans and horse beans dry) exports from Greece, comprising 40% of total exports. The second position in the ranking was held by Germany, with a 20% share of total exports. It was followed by the United States, with a 15% share.
What is the average export price for broad beans and horse beans (dry) in Greece?
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The average export price for broad beans and horse beans dry) stood at $1,979 per ton in 2022, flattening at the previous year.
What is the average import price for broad beans and horse beans (dry) in Greece?
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In 2022, the average import price for broad beans and horse beans dry) amounted to $1,046 per ton, declining by -5.7% against the previous year.

This report provides an in-depth analysis of the market for broad bean and horse bean in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• FCL 181 - Broad beans, dry
Country coverage:
• Greece

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Greece
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2022
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2022
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES
    1. Key Findings In 2022
    2. Market Volume, In Physical Terms, 2012–2022
    3. Market Value, 2012–2022
    4. Per Capita Consumption In 2012-2022
    5. Imports, In Physical Terms, By Country, 2012–2022
    6. Imports, In Value Terms, By Country, 2012–2022
    7. Import Prices, By Country Of Origin, 2012–2022
    8. Exports, In Physical Terms, By Country, 2012–2022
    9. Exports, In Value Terms, By Country, 2012–2022
    10. Export Prices, By Country Of Destination, 2012–2022
  12. LIST OF FIGURES
    1. Market Volume, In Physical Terms, 2012–2022
    2. Market Value, 2012–2022
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
    5. Trade Balance, In Physical Terms, 2012-2022
    6. Trade Balance, In Value Terms, 2012-2022
    7. Per Capita Consumption, 2012-2022
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2022
    23. Production, In Value Terms, 2012–2022
    24. Area Harvested, 2012–2022
    25. Yield, 2012–2022
    26. Imports, In Physical Terms, 2012–2022
    27. Imports, In Value Terms, 2012–2022
    28. Imports, In Physical Terms, By Country, 2022
    29. Imports, In Physical Terms, By Country, 2012–2022
    30. Imports, In Value Terms, By Country, 2012–2022
    31. Import Prices, By Country Of Origin, 2012–2022
    32. Exports, In Physical Terms, 2012–2022
    33. Exports, In Value Terms, 2012–2022
    34. Exports, In Physical Terms, By Country, 2022
    35. Exports, In Physical Terms, By Country, 2012–2022
    36. Exports, In Value Terms, By Country, 2012–2022
    37. Export Prices, By Country Of Destination, 2012–2022

Free Data: Broad Beans And Horse Beans (Dry) - Greece