Mexico: Bambara Bean Market 2022

Bambara Bean Market Size in Mexico

In 2020, the Mexican bambara bean market was finally on the rise to reach $X for the first time since 2012, thus ending a seven-year declining trend. Over the period under review, consumption, however, continues to indicate a deep slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Bambara Bean Exports

Exports from Mexico

In 2020, after four years of growth, there was significant decline in overseas shipments of bambara beans, when their volume decreased by -X% to X kg. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2019, and then contracted sharply in the following year.

In value terms, bambara bean exports declined remarkably to $X in 2020. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then declined remarkably in the following year.

Exports by Country

Canada (X kg) was the main destination for bambara bean exports from Mexico, with a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Canada totaled +X%.

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

From 2012 to 2020, the average annual growth rate of value to Canada stood at +X%.

Export Prices by Country

The average bambara bean export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for Canada amounted to -X% per year.

Bambara Bean Imports

Imports into Mexico

Bambara bean imports into Mexico shrank to X tonnes in 2020, declining by -X% on 2019. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, bambara bean imports declined to $X in 2020. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) was the main bambara bean supplier to Mexico, accounting for a approx. X% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from the U.S. amounted to -X%.

In value terms, the U.S. ($X) constituted the largest supplier of bambara bean to Mexico.

From 2012 to 2020, the average annual growth rate of value from the U.S. stood at -X%.

Import Prices by Country

In 2020, the average bambara bean import price amounted to $X per tonne, approximately equating the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in the immediate term.

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

From 2012 to 2020, the rate of growth in terms of prices for the U.S. amounted to X% per year.

Source: IndexBox Platform