Northern America: Green Bean Market 2024

Green Bean Market Size in Northern America

The North American green bean market expanded to $X in 2023, rising by X% against the previous year. Overall, consumption, however, saw a slight decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Green Bean Production in Northern America

In value terms, green bean production expanded modestly to $X in 2023 estimated in export price. Overall, production, however, saw a slight downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

The United States (X tons) constituted the country with the largest volume of green bean production, comprising approx. X% of total volume. Moreover, green bean production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), more than tenfold.

In the United States, green bean production plunged by an average annual rate of X% over the period from 2012-2023.

The average green bean yield declined to X tons per ha in 2023, almost unchanged from 2022 figures. In general, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the green bean harvested area in Northern America totaled X ha, increasing by X% against 2022 figures. Over the period under review, the harvested area, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area remained at a lower figure.

Green Bean Exports

Exports in Northern America

In 2023, shipments abroad of green beans was finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, green bean exports rose rapidly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2023. It was distantly followed by Canada (X tons), mixing up a X% share of total exports.

Exports from the United States increased at an average annual rate of X% from 2012 to 2023. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest green bean supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

In the United States, green bean exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2023, waning by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Green Bean Imports

Imports in Northern America

In 2023, supplies from abroad of green beans was finally on the rise to reach X tons after two years of decline. Total imports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, green bean imports rose rapidly to $X in 2023. Total imports indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the near future.

Imports by Country

The United States represented the key importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Canada (X tons), generating an X% share of total imports.

The United States was also the fastest-growing in terms of the green beans imports, with a CAGR of X% from 2012 to 2023. Canada experienced a relatively flat trend pattern. While the share of the United States (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Canada (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported green beans in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, green bean imports increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Northern America amounted to $X per ton, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform