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Malaysia - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
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Malaysia: Green Bean Market Overview 2021

Green Bean Market Size in Malaysia

In 2020, the Malaysian green bean market increased by X% to $X, rising for the third year in a row after five years of decline. Overall, consumption showed prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Green Bean Production in Malaysia

In value terms, green bean production amounted to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a prominent expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level in 2020 and is likely to see gradual growth in years to come.

In 2020, the average green bean yield in Malaysia amounted to X kg per ha, leveling off at 2019. Overall, the yield recorded 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 green bean harvested area in Malaysia was estimated at X ha, approximately equating 2019 figures. Overall, the harvested area saw a relatively flat trend pattern.

Green Bean Exports

Exports from Malaysia

Green bean exports from Malaysia fell markedly to X tonnes in 2020, waning by -X% on the previous year's figure. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, green bean exports contracted to $X in 2020. Overall, total exports indicated measured growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tonnes) was the main destination for green bean exports from Malaysia, with a X% share of total exports. It was followed by Thailand (X tonnes), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Singapore was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and the UK (-X% per year).

In value terms, Singapore ($X) remains the key foreign market for green bean exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Singapore stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Thailand (+X% per year).

Export Prices by Country

In 2020, the average green bean export price amounted to $X per tonne, picking up by X% against the previous year. Overall, export price indicated a tangible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, green bean export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was the UK ($X per tonne), while the average price for exports to Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Green Bean Imports

Imports into Malaysia

After four years of decline, supplies from abroad of green beans increased by X% to X tonnes in 2020. Over the period under review, imports enjoyed a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, green bean imports soared to $X in 2020. Overall, imports continue to indicate a mild descent. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Thailand (X tonnes) was the main supplier of green bean to Malaysia, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Thailand totaled +X%.

In value terms, Thailand ($X) constituted the largest supplier of green bean to Malaysia.

From 2007 to 2020, the average annual rate of growth in terms of value from Thailand amounted to +X%.

Import Prices by Country

The average green bean import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2019, and then declined notably in the following year.

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

From 2007 to 2020, the rate of growth in terms of prices for Thailand amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for green beans in the world?
+
The country with the largest volume of green bean consumption was China (23M tonnes), accounting for 76% of total volume. Moreover, green bean consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia (954K tonnes), more than tenfold. The third position in this ranking was occupied by the U.S. (843K tonnes), with a 2.8% share.
What are the largest producers of green beans in the world?
+
China (23M tonnes) remains the largest green bean producing country worldwide, comprising approx. 76% of total volume. Moreover, green bean production in China exceeded the figures recorded by the second-largest producer, Indonesia (955K tonnes), more than tenfold. The third position in this ranking was occupied by France (817K tonnes), with a 2.7% share.
What are the leading suppliers of green beans to Malaysia?
+
In value terms, Thailand ($1.8M) constituted the largest supplier of green bean to Malaysia.
What are the leading importers of green beans from Malaysia?
+
In value terms, Singapore ($6.3M) remains the key foreign market for green bean exports from Malaysia, comprising 88% of total exports. The second position in the ranking was occupied by the UK ($690K), with a 9.6% share of total exports.
What is the average export price for green beans in Malaysia?
+
The average green bean export price stood at $826 per tonne in 2020, rising by 7.6% against the previous year.
What is the average import price for green beans in Malaysia?
+
In 2020, the average green bean import price amounted to $553 per tonne, dropping by -68.3% against the previous year.

Product coverage:
• FCL 414 - Beans, green
• FCL 423 - String Beans

This report provides an in-depth analysis of the green bean market in Malaysia. 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 2025.


Country coverage:
• Malaysia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Malaysia
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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