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World - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Overview of the Global Market for Broad Beans and Horse Beans (Dry)

Market Size for Broad Beans and Horse Beans (Dry)

In 2020, the global market for broad beans and horse beans (dry) increased by X% to $X, rising for the sixth consecutive year after three years of decline. in general, the total consumption indicated a buoyant expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-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 2014 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, the global market hit record highs in 2020 and is likely to see gradual growth in the immediate term.

Production of Broad Beans and Horse Beans (Dry)

In value terms, broad bean and horse bean production expanded notably to $X in 2020 estimated in export prices. Overall, the total production indicated prominent growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2014 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, global production hit record highs in 2020 and is likely to see steady growth in the immediate term.

The countries with the highest volumes of broad bean and horse bean production in 2020 were China (X tonnes), Ethiopia (X tonnes) and the UK (X tonnes), with a combined X% share of global production. Australia, Germany, France, Sudan, Italy, Lithuania, Peru and Egypt lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Lithuania, while broad bean and horse bean production for the other global leaders experienced more modest paces of growth.

The global average broad bean and horse bean yield totaled X tonnes per ha in 2020, surging by X% against the year before. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the average broad bean and horse bean yield reached the peak level in 2020 and is likely to see gradual 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.

In 2020, the total area harvested in terms of broad beans and horse beans (dry) production worldwide declined slightly to X ha, with a decrease of -X% compared with the year before. Over the period under review, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to broad bean and horse bean production attained the maximum at X ha in 2018; however, from 2019 to 2020, the harvested area remained at a lower figure.

Production by Country

The countries with the highest volumes of broad bean and horse bean production in 2020 were China (X tonnes), Ethiopia (X tonnes) and the UK (X tonnes), with a combined X% share of global production. These countries were followed by Australia, Germany, France, Sudan, Italy, Lithuania, Peru and Egypt, which together accounted for a further X 2007 to 2020, the biggest increases were in Lithuania, while broad bean and horse bean production for the other global leaders experienced more modest paces of growth.

Exports of Broad Beans and Horse Beans (Dry)

Exports

In 2020, after two years of decline, there was significant growth in overseas shipments of broad beans and horse beans (dry), when their volume increased by X% to X tonnes. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Global exports peaked at X tonnes in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, broad bean and horse bean exports expanded sharply to $X in 2020. Overall, total exports indicated a strong expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Global exports peaked in 2020 and are likely to see gradual growth in years to come.

Exports by Country

In 2020, Australia (X tonnes), distantly followed by Lithuania (X tonnes), the UK (X tonnes), Germany (X tonnes), Denmark (X tonnes) and France (X tonnes) were the key exporters of broad beans and horse beans (dry), together committing X% of total exports. Egypt (X tonnes), Canada (X tonnes), Estonia (X tonnes), Poland (X tonnes) and Ethiopia (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Estonia (+X% per year), while exports for the other global leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest broad bean and horse bean supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by Lithuania, with a X% share.

In Australia, broad bean and horse bean exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (+X% per year) and Lithuania (+X% per year).

Export Prices by Country

In 2020, the average export price for broad beans and horse beans (dry) amounted to $X per tonne, dropping by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced more modest paces of growth.

Imports of Broad Beans and Horse Beans (Dry)

Imports

After two years of decline, purchases abroad of broad beans and horse beans (dry) increased by X% to X tonnes in 2020. Overall, total imports indicated noticeable growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. Over the period under review, global imports hit record highs at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, broad bean and horse bean imports totaled $X in 2020. in general, total imports indicated resilient growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, global imports hit record highs in 2020 and are likely to continue growth in years to come.

Imports by Country

Egypt represented the main importing country with an import of about X tonnes, which reached X% of total imports. Norway (X tonnes) held the second position in the ranking, followed by Denmark (X tonnes). All these countries together took approx. X% share of total imports. Saudi Arabia (X tonnes), the Netherlands (X tonnes), Italy (X tonnes), Morocco (X tonnes), Sudan (X tonnes), France (X tonnes), the United Arab Emirates (X tonnes), Germany (X tonnes) and India (X tonnes) occupied a little share of total imports.

From 2007 to 2020, average annual rates of growth with regard to broad bean and horse bean imports into Egypt stood at +X%. at the same time, Germany (+X%), Morocco (+X%), India (+X%), the Netherlands (+X%), Denmark (+X%), Norway (+X%), France (+X%), Saudi Arabia (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Germany emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. Sudan experienced a relatively flat trend pattern. by contrast, Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Norway, Denmark, the Netherlands, Morocco and Germany increased by +X%, +X%, +X%, +X% and +X% percentage points, while Sudan (-X p.p.), Italy (-X p.p.) and Egypt (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported broad beans and horse beans (dry) worldwide, comprising X% of global imports. The second position in the ranking was occupied by Norway ($X), with a X% share of global imports. It was followed by Saudi Arabia, with a X% share.

In Egypt, broad bean and horse bean imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Norway (+X% per year) and Saudi Arabia (+X% per year).

Import Prices by Country

In 2020, the average import price for broad beans and horse beans (dry) amounted to $X per tonne, growing by X% against the previous year. in general, import price indicated a noticeable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, broad bean and horse bean import price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Global import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for broad beans and horse beans (dry) in the world?
+
The countries with the highest volumes of broad bean and horse bean consumption in 2020 were China (1.7M tonnes), Ethiopia (1M tonnes) and the UK (495K tonnes), with a combined 59% share of global consumption.
What are the largest producers of broad beans and horse beans (dry) in the world?
+
The countries with the highest volumes of broad bean and horse bean production in 2020 were China (1.8M tonnes), Ethiopia (1M tonnes) and the UK (626K tonnes), together comprising 63% of global production. Australia, Germany, France, Sudan, Italy, Lithuania, Peru and Egypt lagged somewhat behind, together comprising a further 24%.
What are the leading exporters of broad beans and horse beans (dry) in the world?
+
In value terms, Australia ($176M) remains the largest broad bean and horse bean supplier worldwide, comprising 41% of global exports. The second position in the ranking was occupied by the UK ($53M), with a 12% share of global exports. It was followed by Lithuania, with a 10% share.
What are the leading importers of broad beans and horse beans (dry) in the world?
+
In value terms, Egypt ($242M) constitutes the largest market for imported broad beans and horse beans (dry) worldwide, comprising 48% of global imports. The second position in the ranking was occupied by Norway ($36M), with a 7.2% share of global imports. It was followed by Saudi Arabia, with a 4.2% share.
What is the average export price for broad beans and horse beans (dry) in the world?
+
In 2020, the average export price for broad beans and horse beans (dry) amounted to $530 per tonne, declining by -3% against the previous year.
What is the average import price for broad beans and horse beans (dry) in the world?
+
In 2020, the average import price for broad beans and horse beans (dry) amounted to $546 per tonne, increasing by 5% against the previous year.

Product coverage:
• FCL 181 - Broad beans, dry

This report provides an in-depth analysis of the global market for broad bean and horse bean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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