Malaysia: Bambara Bean Market Overview 2021

Bambara Bean Market Size in Malaysia

The Malaysian bambara bean market contracted markedly to $X in 2019, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Bambara bean consumption peaked at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Bambara Bean Exports

Exports from Malaysia

In 2019, overseas shipments of bambara beans decreased by X% to X kg, falling for the second consecutive year after six years of growth. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. From 2018 to 2019, the growth exports failed to regain the momentum.

In value terms, bambara bean exports stood at $X in 2019. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Indonesia (X tonnes) was the main destination for bambara bean exports from Malaysia, with a approx. X% share of total exports.

From 2012 to 2017, the average annual rate of growth in terms of volume to Indonesia was relatively modest.

From 2012 to 2017, the average annual growth rate of value to Indonesia was relatively modest.

Export Prices by Country

The average bambara bean export price stood at $X per tonne in 2017, dropping by -X% against the previous year. Over the period under review, the export price recorded a deep downturn. The export price peaked at $X per tonne in 2016, and then shrank in the following year.

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

From 2012 to 2017, the rate of growth in terms of prices for Indonesia amounted to X% per year.

Bambara Bean Imports

Imports into Malaysia

In 2019, supplies from abroad of bambara beans decreased by -X% to X tonnes for the first time since 2011, thus ending a seven-year rising trend. In general, imports, however, continue to indicate a notable expansion. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2018, and then dropped remarkably in the following year.

In value terms, bambara bean imports declined significantly to $X in 2019. Overall, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, China (X tonnes) constituted the largest supplier of bambara bean to Malaysia, with a X% share of total imports. Moreover, bambara bean imports from China exceeded the figures recorded by the second-largest supplier, Italy (X kg), sixfold.

From 2012 to 2019, the average annual growth rate of volume from China totaled +X%.

In value terms, China ($X) constituted the largest supplier of bambara bean to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

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

Import Prices by Country

The average bambara bean import price stood at $X per tonne in 2019, with an increase of X% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2019: its price increased at an average annual rate of +X% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was China ($X per tonne), while the price for Italy stood at $X per tonne.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bambara beans in the world?

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The countries with the highest volumes of bambara bean consumption in 2019 were Burkina Faso (58K tonnes), Cameroon (51K tonnes) and Niger (45K tonnes), with a combined 65% share of global consumption. Mali, Togo, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of bambara beans in the world?

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The countries with the highest volumes of bambara bean production in 2019 were Burkina Faso (58K tonnes), Cameroon (51K tonnes) and Niger (45K tonnes), together accounting for 63% of global production. Mali, Togo, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 30%.

What are the leading suppliers of bambara beans to Malaysia?

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In value terms, China ($5.3K) constituted the largest supplier of bambara bean to Malaysia, comprising 90% of total imports. The second position in the ranking was occupied by Italy ($615), with a 10% share of total imports.

What is the average export price for bambara beans in Malaysia?

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In 2017, the average bambara bean export price amounted to $971 per tonne, which is down by -5.6% against the previous year.

What is the average import price for bambara beans in Malaysia?

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In 2019, the average bambara bean import price amounted to $1,489 per tonne, surging by 77% against the previous year.