Report Latin America and the Caribbean - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Latin America and the Caribbean - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Market for Broad Beans And Horse Beans (Dry) 2022

Market Size for Broad Beans And Horse Beans (Dry) in Latin America and the Caribbean

After four years of growth, the Latin American market for broad beans and horse beans (dry) decreased by -X% to $X in 2021. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Over the period under review, the market hit record highs at $X in 2020, and then fell modestly in the following year.

Production of Broad Beans And Horse Beans (Dry) in Latin America and the Caribbean

In value terms, broad bean and horse bean production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then contracted in the following year.

The country with the largest volume of broad bean and horse bean production was Peru (X tons), comprising approx. X% of total volume. Moreover, broad bean and horse bean production in Peru exceeded the figures recorded by the second-largest producer, Mexico (X tons), twofold. The third position in this ranking was held by Guatemala (X tons), with a X% share.

In Peru, broad bean and horse bean production increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Guatemala (+X% per year).

The average broad bean and horse bean yield dropped to X tons per ha in 2021, with a decrease of -X% on 2020 figures. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the yield increased by X%. The level of yield peaked at X tons per ha in 2017; afterwards, it flattened through to 2021. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of broad beans and horse beans (dry) were harvested in Latin America and the Caribbean; approximately equating the previous year. In general, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to broad bean and horse bean production reached the maximum in 2021 and is expected to retain growth in years to come.

Exports of Broad Beans And Horse Beans (Dry)

Exports in Latin America and the Caribbean

In 2021, shipments abroad of broad beans and horse beans (dry) decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, broad bean and horse bean exports shrank to $X in 2021. In general, exports saw a slight descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Peru (X tons) was the major exporter of broad beans and horse beans (dry), committing X% of total exports. Mexico (X tons) took the second position in the ranking, followed by Bolivia (X tons). All these countries together took approx. X% share of total exports.

Peru was also the fastest-growing in terms of the broad beans and horse beans (dry) exports, with a CAGR of +X% from 2012 to 2021. Mexico (-X%) and Bolivia (-X%) illustrated a downward trend over the same period. percentage points. Mexico (-X p.p.) and Bolivia (-X p.p.) saw their shares reduced.

In value terms, Peru ($X) remains the largest broad bean and horse bean supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports.

In Peru, broad bean and horse bean exports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (-X% per year) and Bolivia (-X% per year).

Export Prices by Country

In 2021, the beans (dry) in Latin America and the Caribbean amounted to $X per ton, reducing by -X% against the previous year. In general, the export price showed a mild decrease. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Peru ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+X%), while the other leaders experienced a decline in the export price figures.

Imports of Broad Beans And Horse Beans (Dry)

Imports in Latin America and the Caribbean

In 2021, supplies from abroad of broad beans and horse beans (dry) increased by X% to X tons, rising for the third consecutive year after two years of decline. Total imports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, broad bean and horse bean imports stood at $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Mexico represented the major importing country with an import of around X tons, which finished at X% of total imports. Ecuador (X tons) ranks second in terms of the total imports with a X% share, followed by Jamaica (X%). The following importers - Panama (X tons) and Chile (X tons) - each amounted to a X% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to broad bean and horse bean imports into Mexico stood at +X%. At the same time, Ecuador (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. By contrast, Jamaica (-X%) and Panama (-X%) illustrated a downward trend over the same period. While the share of Ecuador (+X p.p.) and Mexico (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Panama (-X p.p.) and Jamaica (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported broad beans and horse beans (dry) in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total imports. It was followed by Jamaica, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Mexico was relatively modest. In the other countries, the average annual rates were as follows: Ecuador (+X% per year) and Jamaica (-X% per year).

Import Prices by Country

In 2021, the beans (dry) in Latin America and the Caribbean amounted to $X per ton, dropping by -X% against the previous year. In general, the import price saw a perceptible decline. The pace of growth was the most pronounced in 2017 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Jamaica ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for broad beans and horse beans (dry) in LatAmerica and the Caribbean?
+
Peru constituted the country with the largest volume of broad bean and horse bean consumption, comprising approx. 35% of total volume. Moreover, broad bean and horse bean consumption in Peru exceeded the figures recorded by the second-largest consumer, Mexico, twofold. Guatemala ranked third in terms of total consumption with a 12% share.
What are the largest producers of broad beans and horse beans (dry) in LatAmerica and the Caribbean?
+
Peru constituted the country with the largest volume of broad bean and horse bean production, comprising approx. 37% of total volume. Moreover, broad bean and horse bean production in Peru exceeded the figures recorded by the second-largest producer, Mexico, twofold. The third position in this ranking was taken by Guatemala, with a 12% share.
What are the leading exporters of broad beans and horse beans (dry) in LatAmerica and the Caribbean?
+
In value terms, Peru remains the largest broad bean and horse bean supplier in Latin America and the Caribbean, comprising 69% of total exports. The second position in the ranking was held by Mexico, with a 16% share of total exports.
What are the leading importers of broad beans and horse beans (dry) in LatAmerica and the Caribbean?
+
In value terms, Mexico constitutes the largest market for imported broad beans and horse beans dry) in Latin America and the Caribbean, comprising 67% of total imports. The second position in the ranking was held by Ecuador, with a 16% share of total imports. It was followed by Jamaica, with a 9.6% share.
What is the average export price for broad beans and horse beans (dry) in LatAmerica and the Caribbean?
+
In 2021, the beans dry) in Latin America and the Caribbean amounted to $1,429 per ton, which is down by -7% against the previous year.
What is the average import price for broad beans and horse beans (dry) in LatAmerica and the Caribbean?
+
The beans dry) in Latin America and the Caribbean stood at $885 per ton in 2021, with a decrease of -3.4% against the previous year.

This report provides an in-depth analysis of the market for broad bean and horse bean in Latin America and the Caribbean. 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:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Harvested Area, By Country, 2012–2021
Table 7:
Yield, By Country, 2012–2021
Table 8:
Imports, In Physical Terms, By Country, 2012–2021
Table 9:
Imports, In Value Terms, By Country, 2012–2021
Table 10:
Import Prices, By Country Of Destination, 2012–2021
Table 11:
Exports, In Physical Terms, By Country, 2012–2021
Table 12:
Exports, In Value Terms, By Country, 2012–2021
Table 13:
Export Prices, By Country Of Origin, 2012–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2021
Figure 18:
Production, In Value Terms, 2012–2021
Figure 19:
Area Harvested, 2012–2021
Figure 20:
Yield, 2012–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2012–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2012–2021
Figure 25:
Yield, By Country, 2012–2021
Figure 26:
Imports, In Physical Terms, 2012–2021
Figure 27:
Imports, In Value Terms, 2012–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2012–2021
Figure 30:
Imports, In Value Terms, By Country, 2012–2021
Figure 31:
Import Prices, By Country, 2012–2021
Figure 32:
Exports, In Physical Terms, 2012–2021
Figure 33:
Exports, In Value Terms, 2012–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2012–2021
Figure 36:
Exports, In Value Terms, By Country, 2012–2021
Figure 37:
Export Prices, 2012–2021
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