Mali: Bambara Bean Market 2020

Bambara Bean Market Size in Mali

The revenue of the bambara bean market in Mali amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, the total market indicated a resilient increase from 2007 to 2018: its value 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. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. In that year, the bambara bean market attained its peak level and is likely to continue its growth in the immediate term.

Bambara Bean Production in Mali

In value terms, bambara bean production stood at $X in 2018 estimated in export prices. Overall, bambara bean production continues to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2018 when production volume increased by X% y-o-y. In that year, bambara bean production reached its peak level and is likely to continue its growth in the immediate term.

In 2018, the average bambara bean yield in Mali amounted to X kg per ha, shrinking by -X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when yield increased by X% y-o-y. The global bambara bean yield peaked at X kg per ha in 2010; however, from 2011 to 2018, yield failed to regain its momentum. 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 bambara beans production in Mali amounted to X ha, rising by X% against the previous year. Overall, the bambara bean harvested area, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to bambara bean production attained its peak figure at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Bambara Bean Exports

Exports by Country

The exports of the five major exporters of bambara beans, namely the Netherlands, Uzbekistan, South Africa, Belgium and Egypt, represented more than two-thirds of total export. It was distantly followed by Ethiopia (X tons), generating a X% share of total exports. Zambia (X tons), Turkey (X tons) and the U.S. (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Africa, while the other leaders experienced more modest paces of growth.

In value terms, the largest bambara bean markets from Mali were the Netherlands ($X), Belgium ($X) and Uzbekistan ($X), with a combined X% share of total exports.

Among the main exporting countries, Belgium experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the bambara bean export price in Mali amounted to $X per ton, leveling off at the previous year. Over the period under review, the bambara bean export price continues to indicate a relatively flat trend pattern. Mali export price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Belgium ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Bambara Bean Imports

Imports by Country

In 2018, Saudi Arabia (X tons), distantly followed by Nigeria (X tons), Belgium (X tons), the U.S. (X tons) and the Dominican Republic (X tons) were the largest importers of bambara beans, together creating X% of total imports. The following importers - Luxembourg (X tons), India (X tons), Poland (X tons), Canada (X tons), Yemen (X tons), the Netherlands (X tons) and El Salvador (X tons) - together made up X% of total imports.

Imports into Saudi Arabia increased at an average annual rate of +X% from 2007 to 2018. At the same time, the Netherlands (+X%), Canada (+X%), Belgium (+X%), Poland (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The Dominican Republic, India and Nigeria experienced a relatively flat trend pattern. By contrast, El Salvador (-X%), Yemen (-X%) and Luxembourg (-X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (+X p.p.), Nigeria (+X p.p.), Belgium (+X p.p.), India (+X p.p.), Canada (+X p.p.), the U.S. (+X p.p.) and Poland (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of El Salvador (-X p.p.), Yemen (-X p.p.) and Luxembourg (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), Nigeria ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Among the main importing countries, Belgium recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the bambara bean import price in Mali amounted to $X per ton, remaining stable against the previous year. In general, the bambara bean import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by El Salvador, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform