Global Dry Bean Market 2020

Dry Bean Market Size

The global dry bean market revenue amounted to $X in 2017, coming up by X% against the previous year. Overall, dry bean consumption continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the global dry bean market reached its maximum level in 2017, and is likely to continue its growth in the immediate term.

Dry Bean Production

Global dry bean production totaled X tons in 2017, rising by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. Over the period under review, the global dry bean production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term. The general positive trend in terms of dry bean output was largely conditioned by a moderate growth of the harvested area and a mild increase in yield figures.

The countries with the highest volumes of dry bean production in 2017 were Myanmar (X tons), India (X tons) and Tanzania (X tons), with a combined X% share of global production. Uganda, Kenya, Ethiopia, Rwanda, Mozambique, Cameroon, Burundi, Democratic People's Republic of Korea and Belarus lagged somewhat behind, together comprising a further X%.

From 2007 to 2017, the most notable rate of growth in terms of dry bean production, amongst the main producing countries, was attained by Belarus (+X% per year), while the other global leaders experienced more modest paces of growth.

Global average dry bean yield stood at X kg per ha in 2017, going up by X% against the previous year. The yield figure increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2008, when yield increased by X% y-o-y. Over the period under review, the average dry bean yield reached its maximum level in 2017, and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Global dry bean harvested area stood at X ha in 2017, approximately reflecting the previous year. Overall, dry bean harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the harvested area dedicated to dry bean production attained its maximum of X ha in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Dry Bean Exports

Exports 2007-2017

Global exports totaled X tons in 2017, going down by -X% against the previous year. In general, dry bean exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when exports increased by X% y-o-y. In that year, the global dry bean exports attained their peak volume of X tons. From 2013 to 2017, growth of the global dry bean exports failed to regain its momentum.

In value terms, dry bean exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. In that year, the global dry bean exports attained their peak level of $X. From 2013 to 2017, growth of the global dry bean exports stood at a somewhat lower level.

Exports by Country

In 2017, Myanmar (X tons), the U.S. (X tons), China (X tons), Canada (X tons) and Argentina (X tons) represented the key exporters of beans (dry) in the world, generating X% of total export. Australia (X tons), Egypt (X tons), Ethiopia (X tons), Brazil (X tons) and Mexico (X tons) held the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Brazil (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Myanmar ($X), China ($X) and the U.S. ($X) were the countries with the highest levels of exports in 2017, together comprising X% of global exports. These countries were followed by Canada, Argentina, Egypt, Australia, Ethiopia, Mexico and Brazil, which together accounted for a further X%.

In terms of the main exporting countries , Brazil (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average dry bean export price amounted to $X per ton, standing approx. at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% y-o-y. Global export price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other global leaders experienced more modest paces of growth.

Dry Bean Imports

Imports 2007-2017

In 2017, approx. X tons of beans (dry) were imported worldwide; lowering by -X% against the previous year. In general, dry bean imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009, when imports increased by X% against the previous year. Over the period under review, the global dry bean imports attained its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, dry bean imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. Global imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Imports by Country

In 2017, India (X tons) was the major importer for beans (dry), making up X% of total imports. The following importers - Mexico (X tons), Japan (X tons), the U.S. (X tons), Brazil (X tons), Angola (X tons), Pakistan (X tons), the UK (X tons), Italy (X tons), Kenya (X tons), Canada (X tons) and Indonesia (X tons) together made up X% of total imports.

India experienced a relatively flat trend pattern of beans (dry) imports. At the same time, Canada (+X%), Angola (+X%), Pakistan (+X%), Indonesia (+X%), Brazil (+X%), Kenya (+X%), Mexico (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Italy experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) and the UK (-X%) illustrated a downward trend over the same period. While the share of Canada (-X%) and Angola (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in India stood at +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

The average dry bean import price stood at $X per ton in 2017, declining by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when the average import prices increased by X% y-o-y. Over the period under review, the average import prices for beans (dry) attained its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Indonesia (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform