Middle East: Bambara Bean Market 2024

Bambara Bean Market Size in the Middle East

In 2022, the Middle Eastern bambara bean market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, recorded a abrupt setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Bambara Bean Production in the Middle East

In value terms, bambara bean production skyrocketed to $X in 2022 estimated in export price. In general, production, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Saudi Arabia (X tons), the United Arab Emirates (X tons) and Jordan (X tons), together comprising X% of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Jordan (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

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Bambara Bean Exports

Exports in the Middle East

In 2022, shipments abroad of bambara beans increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, bambara bean exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Jordan represented the main exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Lebanon (X tons), constituting a X% share of total exports. Turkey (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

Exports from Jordan increased at an average annual rate of X% from 2012 to 2022. At the same time, Lebanon (X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Jordan, Turkey and the United Arab Emirates increased by X, X and X percentage points, respectively.

In value terms, Jordan ($X) emerged as the largest bambara bean supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Lebanon ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Jordan totaled X%. In the other countries, the average annual rates were as follows: Lebanon (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced a decline in the export price figures.

Bambara Bean Imports

Imports in the Middle East

In 2022, overseas purchases of bambara beans increased by X% to X tons, rising for the fourth year in a row after two years of decline. In general, imports, however, showed a abrupt decline. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, bambara bean imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Lebanon was the key importer of bambara beans in the Middle East, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Yemen (X tons), constituting a X% share of total imports. Jordan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Jordan (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Lebanon ($X) constitutes the largest market for imported bambara beans in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Yemen ($X), with a X% share of total imports.

In Lebanon, bambara bean imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Yemen (X% per year) and Jordan (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Lebanon ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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