Ireland: Bambara Bean Market 2022

Bambara Bean Market Size in Ireland

In 2020, the Irish bambara bean market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. Bambara bean consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Bambara Bean Production in Ireland

In value terms, bambara bean production stood at $X in 2020 estimated in export prices. In general, production faced a abrupt curtailment. The pace of growth was the most pronounced in 2018 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.

The average yield of bambara beans in Ireland stood at X kg per ha in 2020, flattening at the year before. Over the period under review, the yield continues to indicate 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 harvested area of bambara beans in Ireland stood at X ha, remaining constant against 2019. Overall, the harvested area recorded a relatively flat trend pattern.

Bambara Bean Exports

Exports from Ireland

In 2020, after three years of growth, there was significant decline in overseas shipments of bambara beans, when their volume decreased by -X% to X kg. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. Exports peaked at X kg in 2019, and then contracted dramatically in the following year.

In value terms, bambara bean exports reduced dramatically to $X in 2020. Overall, exports, however, showed strong growth. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2019, and then contracted remarkably in the following year.

Exports by Country

The Netherlands (X kg) was the main destination for bambara bean exports from Ireland, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to the Netherlands stood at +X%.

In value terms, the Netherlands ($X) also remains the key foreign market for bambara bean exports from Ireland.

From 2012 to 2019, the average annual growth rate of value to the Netherlands stood at +X%.

Export Prices by Country

The average bambara bean export price stood at $X per tonne in 2019, picking up by X% against the previous year. Over the last seven-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2015 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs in 2019 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2019, the rate of growth in terms of prices for the Netherlands amounted to +X% per year.

Bambara Bean Imports

Imports into Ireland

After four years of growth, supplies from abroad of bambara beans decreased by -X% to X kg in 2020. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X kg in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, bambara bean imports shrank notably to $X in 2020. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2019, the UK (X kg) was the main supplier of bambara bean to Ireland, with a approx. X% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from the UK stood at +X%.

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

From 2012 to 2019, the average annual rate of growth in terms of value from the UK totaled +X%.

Import Prices by Country

In 2019, the average bambara bean import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne, and then fell markedly in the following year.

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

From 2012 to 2019, the rate of growth in terms of prices for the UK amounted to -X% per year.

Source: IndexBox Platform