Philippines: Bambara Bean Market Overview 2020

Bambara Bean Market Size in the Philippines

The revenue of the bambara bean market in the Philippines amounted to $X in 2018, remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, bambara bean consumption continues to indicate a relatively flat trend pattern.

Bambara Bean Exports

Exports by Country

In 2018, the Netherlands (X tonnes), Uzbekistan (X tonnes), South Africa (X tonnes), Belgium (X tonnes) and Egypt (X tonnes) were the key exporters of bambara beans in the world, comprising X% of total export. It was distantly followed by Ethiopia (X tonnes), achieving a X% share of total exports. The following exporters - Zambia (X tonnes), Turkey (X tonnes) and the U.S. (X tonnes) - together made up X% of total exports.

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 the Philippines were the Netherlands ($X), Belgium ($X) and Uzbekistan ($X), together comprising X% of total exports.

In terms of the main exporting countries, Belgium recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The bambara bean export price in the Philippines stood at $X per tonne in 2018, remaining stable against the previous year. In general, the bambara bean export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($X per tonne), while Zambia ($X per tonne) 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 tonnes), distantly followed by Nigeria (X tonnes), Belgium (X tonnes), the U.S. (X tonnes) and the Dominican Republic (X tonnes) represented the major importers of bambara beans, together comprising X% of total imports. The following importers - Luxembourg (X tonnes), India (X tonnes), Poland (X tonnes), Canada (X tonnes), Yemen (X tonnes), the Netherlands (X tonnes) and El Salvador (X tonnes) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to bambara bean imports into Saudi Arabia stood at +X%. 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, the largest bambara bean importing markets into the Philippines were Saudi Arabia ($X), Nigeria ($X) and Belgium ($X), with a combined X% share of total imports.

In terms of the main importing countries, Belgium experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The bambara bean import price in the Philippines stood at $X per tonne in 2018, approximately reflecting the previous year. Overall, the bambara bean import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while Luxembourg ($X per tonne) 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 AI Platform