Global Bambara Bean Market 2022

Bambara Bean Market Size

The global bambara bean market surged to $X in 2020, growing by X% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2020: its value 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, consumption increased by +X% against 2013 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Bambara Bean Production

In value terms, bambara bean production skyrocketed to $X in 2020 estimated in export prices. Overall, the total production indicated a strong expansion from 2012 to 2020: its value 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. As a result, production attained the peak level and is likely to continue growth in the immediate term.

The countries with the highest volumes of bambara bean production in 2020 were Burkina Faso (X tonnes), Niger (X tonnes) and Cameroon (X tonnes), with a combined X% share of global production. Mali, Togo, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X 2012 to 2020, the most notable rate of growth in terms of bambara bean production, amongst the main producing countries, was attained by Togo, while bambara bean production for the other global leaders experienced more modest paces of growth.

The global average bambara bean yield rose modestly to X kg per ha in 2020, picking up by X% compared with the previous year. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. Over the period under review, the average bambara bean yield attained the maximum level at X kg per ha in 2012; however, from 2013 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of bambara beans were harvested worldwide; with an increase of X% on 2019 figures. The harvested area increased at an average annual rate of +X% from 2012 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to bambara bean production attained the maximum at X ha in 2017; however, from 2018 to 2020, the harvested area remained at a lower figure.

Production By Country

The countries with the highest volumes of bambara bean production in 2020 were Burkina Faso (X tonnes), Niger (X tonnes) and Cameroon (X tonnes), together comprising X% of global production. These countries were followed by Mali, Togo, Zimbabwe and Democratic Republic of the Congo, which together accounted for a further X 2012 to 2020, the most notable rate of growth in terms of bambara bean production, amongst the leading producing countries, was attained by Togo, while bambara bean production for the other global leaders experienced more modest paces of growth.

Bambara Bean Exports

Exports

Global bambara bean exports contracted remarkably to X tonnes in 2020, dropping by -X% against the previous year. Overall, exports showed a sharp setback. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Global exports peaked at X tonnes in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, bambara bean exports shrank sharply to $X in 2020. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, global exports attained the maximum at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

Madagascar was the major exporting country with an export of around X tonnes, which finished at X% of total exports. Malawi (X tonnes) ranks second in terms of the total exports with a X% share, followed by Russia (X%), Myanmar (X%), Ethiopia (X%) and Argentina (X%). Nicaragua (X tonnes), Egypt (X tonnes), Bulgaria (X tonnes), the UK (X tonnes), India (X tonnes), the Netherlands (X tonnes) and Saudi Arabia (X tonnes) followed a long way behind the leaders.

From 2012 to 2020, average annual rates of growth with regard to bambara bean exports from Madagascar stood at +X%. At the same time, Russia (+X%), India (+X%), Nicaragua (+X%), Myanmar (+X%), Saudi Arabia (+X%), the UK (+X%), Ethiopia (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2020. Argentina experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%), Bulgaria (-X%) and Malawi (-X%) illustrated a downward trend over the same period. Madagascar (+X p.p.), Russia (+X p.p.), Myanmar (+X p.p.), Argentina (+X p.p.), Nicaragua (+X p.p.), Ethiopia (+X p.p.), Egypt (+X p.p.), India (+X p.p.), the UK (+X p.p.) and Saudi Arabia (+X p.p.) significantly strengthened its position in terms of the global exports, while Malawi saw its share reduced by -X% from 2012 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Madagascar ($X) emerged as the largest bambara bean supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Argentina ($X), with a X% share of global exports. It was followed by Nicaragua, with a X% share.

From 2012 to 2020, the average annual growth rate of value in Madagascar totaled +X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Nicaragua (+X% per year).

Export Prices by Country

The average bambara bean export price stood at $X per tonne in 2020, with an increase of X% against the previous year. In general, export price indicated buoyant growth from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, bambara bean export price increased by +X% against 2013 indices. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while Myanmar ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Malawi, while the other global leaders experienced more modest paces of growth.

Bambara Bean Imports

Imports

In 2020, supplies from abroad of bambara beans was finally on the rise to reach X tonnes after three years of decline. In general, imports, however, saw a deep reduction. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, global imports hit record highs at X tonnes in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, bambara bean imports skyrocketed to $X in 2020. Overall, imports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Global imports peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

Myanmar (X tonnes) and Uganda (X tonnes) prevails in bambara bean imports structure, together comprising X% of total imports. It was distantly followed by the U.S. (X tonnes), constituting a X% share of total imports. Yemen (X tonnes) and the Netherlands (X tonnes) followed a long way behind the leaders.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Uganda (+X% per year), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Myanmar ($X) constitutes the largest market for imported bambara beans worldwide, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by Uganda, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in Myanmar totaled +X%. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and Uganda (+X% per year).

Import Prices by Country

The average bambara bean import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the import price showed a abrupt decline. 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 attained the peak figure at $X per tonne in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while Uganda ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform