Middle East: Market for Broad Beans And Horse Beans (Dry) 2024

Market Size for Broad Beans And Horse Beans (Dry) in the Middle East

In 2022, the Middle Eastern market for broad beans and horse beans (dry) decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption showed a perceptible reduction. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Broad Beans And Horse Beans (Dry) in the Middle East

In value terms, broad bean and horse bean production reached $X in 2022 estimated in export price. In general, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Syrian Arab Republic (X tons), Iran (X tons) and Turkey (X tons), with a combined X% share of total production.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while production for the other leaders experienced a decline in the production figures.

In 2022, the average broad bean and horse bean yield in the Middle East dropped to X tons per ha, falling by X% against the previous year's figure. Overall, the yield saw a perceptible contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the broad bean and horse bean yield reached the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of broad beans and horse beans (dry) production in the Middle East contracted to X ha, which is down by X% compared with 2021. Overall, the harvested area saw a slight downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the harvested area dedicated to broad bean and horse bean production reached the peak figure at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Broad Beans And Horse Beans (Dry)

Exports in the Middle East

In 2022, overseas shipments of broad beans and horse beans (dry) increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, broad bean and horse bean exports surged to $X in 2022. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

The United Arab Emirates represented the largest exporter of broad beans and horse beans (dry) in the Middle East, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. Syrian Arab Republic (X tons) held the second position in the ranking, distantly followed by Turkey (X tons). All these countries together held approx. X% share of total exports. Bahrain (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to broad bean and horse bean exports from the United Arab Emirates stood at X%. At the same time, Bahrain (X%), Syrian Arab Republic (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.), Syrian Arab Republic (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) emerged as the largest broad bean and horse bean supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Syrian Arab Republic ($X), with a 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 the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Syrian Arab Republic (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, falling by X% against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 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 ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

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

Imports of Broad Beans And Horse Beans (Dry)

Imports in the Middle East

After three years of growth, purchases abroad of broad beans and horse beans (dry) decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, broad bean and horse bean imports expanded significantly to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) represented the largest importers of broad beans and horse beans (dry) in 2022, resulting at near X% and X% of total imports, respectively. Jordan (X tons) ranks next in terms of the total imports with an X% share, followed by Lebanon (X%). The following importers - Yemen (X tons), Bahrain (X tons) and Turkey (X tons) - each amounted to a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest broad bean and horse bean importing markets in the Middle East were Saudi Arabia ($X), the United Arab Emirates ($X) and Jordan ($X), with a combined X% share of total imports. Lebanon, Bahrain, Yemen and Turkey lagged somewhat behind, together accounting for a further X%.

Bahrain, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Jordan ($X per ton), while Saudi Arabia ($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 mixed trends in the import price figures.

Source: IndexBox Platform