Guyana: Green Bean Market Overview 2020

Green Bean Market Size in Guyana

The revenue of the green bean market in Guyana amounted to $X in 2018, declining by -X% against the previous year. Over the period under review, green bean consumption continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Green bean consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Green Bean Production in Guyana

In value terms, green bean production amounted to $X in 2018 estimated in export prices. Over the period under review, green bean production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Green bean production peaked at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

Average yield of beans (green) in Guyana amounted to X tonne per ha in 2018, picking up by X% against the previous year. In general, the yield indicated a pronounced increase from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, green bean yield increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when yield increased by X% against the previous year. Over the period under review, the average green bean yield reached its peak figure level in 2018 and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of beans (green) production in Guyana stood at X ha, increasing by X% against the previous year. Overall, the green bean harvested area continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2009 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to green bean production reached its peak figure at X ha in 2010; however, from 2011 to 2018, harvested area failed to regain its momentum.

Green Bean Exports

Exports from Guyana

In 2018, approx. X tonnes of beans (green) were exported from Guyana; rising by X% against the previous year. In general, green bean exports, however, continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. In that year, green bean exports reached their peak of X tonnes. From 2011 to 2018, the growth of green bean exports remained at a lower figure.

In value terms, green bean exports totaled $X in 2018. Overall, green bean exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, green bean exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Source: IndexBox AI Platform