Middle East: Market for Broad Beans And Horse Beans (Dry) 2024

Market Size for Broad Beans And Horse Beans (Dry) in the Middle East

In 2023, the Middle Eastern market for broad beans and horse beans (dry) decreased by X% to $X, falling for the third year in a row after two years of growth. In general, consumption showed a perceptible decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Broad Beans And Horse Beans (Dry) in the Middle East

In value terms, broad bean and horse bean production declined modestly to $X in 2023 estimated in export price. Over the period under review, production saw a abrupt downturn. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2023 were Syrian Arab Republic (X tons), Iran (X tons) and Turkey (X tons), with a combined X% share of total production.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Iran (with a CAGR of X%), while production for the other leaders experienced a decline in the production figures.

The average broad bean and horse bean yield shrank dramatically to X tons per ha in 2023, waning by X% against the year before. Overall, the yield recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then contracted remarkably in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the harvested area of broad beans and horse beans (dry) in the Middle East expanded slightly to X ha, increasing by X% compared with the previous year. In general, the harvested area, however, showed a mild decline. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the harvested area dedicated to broad bean and horse bean production attained the maximum at X ha in 2014; however, from 2015 to 2023, the harvested area remained at a lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports in the Middle East

In 2023, the amount of broad beans and horse beans (dry) exported in the Middle East stood at X tons, approximately equating the previous year's figure. Over the period under review, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, broad bean and horse bean exports shrank slightly to $X in 2023. In general, exports showed a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Syrian Arab Republic was the key exporting country with an export of around X tons, which amounted to X% of total exports. The United Arab Emirates (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (X%). The following exporters - Saudi Arabia (X tons), Jordan (X tons) and Palestine (X tons) - together made up X% of total exports.

Syrian Arab Republic was also the fastest-growing in terms of the broad beans and horse beans (dry) exports, with a CAGR of X% from 2012 to 2023. At the same time, Saudi Arabia (X%), the United Arab Emirates (X%), Jordan (X%), Palestine (X%) and Turkey (X%) displayed positive paces of growth. From 2012 to 2023, the share of Syrian Arab Republic, the United Arab Emirates and Saudi Arabia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest broad bean and horse bean supplying countries in the Middle East were Syrian Arab Republic ($X), the United Arab Emirates ($X) and Turkey ($X), together comprising X% of total exports.

Syrian Arab Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, the export price recorded a pronounced decline. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Imports of Broad Beans And Horse Beans (Dry)

Imports in the Middle East

In 2023, broad bean and horse bean imports in the Middle East surged to X tons, with an increase of X% compared with 2022 figures. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, broad bean and horse bean imports soared to $X in 2023. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, the United Arab Emirates (X tons) and Saudi Arabia (X tons) were the major importers of broad beans and horse beans (dry) in the Middle East, together comprising X% of total imports. Jordan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Lebanon (X%), Turkey (X%) and Yemen (X%). Palestine (X tons) took a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest broad bean and horse bean importing markets in the Middle East were the United Arab Emirates ($X), Saudi Arabia ($X) and Jordan ($X), with a combined X% share of total imports. Turkey, Lebanon, Yemen and Palestine lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the import price recorded a mild descent. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2023, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Jordan ($X per ton) and Turkey ($X per ton), while Saudi Arabia ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Yemen (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform