United Kingdom: Green Bean Market 2024

Green Bean Market Size in the UK

In 2022, the UK green bean market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption saw a perceptible descent. Green bean consumption peaked at $X in 2021, and then fell significantly in the following year.

Green Bean Production in the UK

In value terms, green bean production reached $X in 2022 estimated in export price. Overall, the total production indicated strong growth 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. Green bean production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average yield of green beans in the UK rose slightly to X tons per ha, with an increase of X% against 2021. Over the period under review, the yield, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2019 when the yield increased by X%. Over the period under review, the average green bean yield reached the maximum level at X tons per ha in 2014; however, from 2015 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.

The green bean harvested area in the UK contracted to X ha in 2022, which is down by X% compared with 2021 figures. Overall, the harvested area, however, saw a strong expansion. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X% against the previous year. The green bean harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

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Green Bean Exports

Exports from the UK

In 2022, green bean exports from the UK surged to X tons, growing by X% on the year before. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, green bean exports soared to $X in 2022. Over the period under review, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Egypt (X tons) was the main destination for green bean exports from the UK, accounting for a X% share of total exports. It was followed by Ireland (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Egypt totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (X% per year) and the Netherlands (X% per year).

In value terms, Egypt ($X) emerged as the key foreign market for green beans exports from the UK, comprising X% of total exports. The second position in the ranking was taken by Ireland ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average green bean export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.

Green Bean Imports

Imports into the UK

After two years of growth, overseas purchases of green beans decreased by X% to X tons in 2022. Overall, imports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then fell dramatically in the following year.

In value terms, green bean imports reduced sharply to $X in 2022. In general, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell rapidly in the following year.

Imports by Country

Kenya (X tons), Morocco (X tons) and Egypt (X tons) were the main suppliers of green bean imports to the UK, together accounting for X% of total imports. Senegal, Guatemala, Tanzania, Spain and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Kenya ($X) constituted the largest supplier of green beans to the UK, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Kenya stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Morocco (X% per year).

Import Prices by Country

In 2022, the average green bean import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform