U.S.: Bambara Bean Market 2022

Bambara Bean Market Size in the U.S.

The U.S. bambara bean market surged to $X in 2020, jumping by X% 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). Overall, consumption posted a notable increase. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. Bambara bean consumption peaked at $X in 2015; however, from 2016 to 2020, consumption remained at a lower figure.

Bambara Bean Exports

Exports from the U.S.

In 2020, exports of bambara beans from the U.S. reduced notably to X tonnes, which is down by -X% compared with the previous year's figure. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, bambara bean exports dropped markedly to $X in 2020. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Exports peaked at $X in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

Exports by Country

France (X tonnes), Canada (X tonnes) and Chile (X tonnes) were the main destinations of bambara bean exports from the U.S..

From 2012 to 2020, the biggest increases were in France, while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for bambara bean exported from the U.S. were France ($X), Canada ($X) and Chile ($X recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average bambara bean export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The export price peaked in 2020 and is likely to continue growth in the near future.

Average prices varied noticeably for the major external markets. In 2020, the country with the highest price was Chile ($X per tonne), while the average price for exports to Canada ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Chile, while the prices for the other major destinations experienced a decline.

Bambara Bean Imports

Imports into the U.S.

In 2020, imports of bambara beans into the U.S. surged to X tonnes, jumping by X% on the previous year's figure. Over the period under review, total imports indicated a modest increase from 2012 to 2020: its volume increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at X tonnes in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, bambara bean imports amounted to $X in 2020. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Nicaragua (X tonnes) constituted the largest supplier of bambara bean to the U.S., accounting for a X% share of total imports. Moreover, bambara bean imports from Nicaragua exceeded the figures recorded by the second-largest supplier, Belize (X tonnes), threefold. Belgium (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual growth rate of volume from Nicaragua stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belize (+X% per year) and Belgium (+X% per year).

In value terms, Nicaragua ($X) constituted the largest supplier of bambara bean to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Belize ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2020, the average annual growth rate of value from Nicaragua stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belize (+X% per year) and Belgium (+X% per year).

Import Prices by Country

The average bambara bean import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform