Asia-Pacific: Shelled Bean Market 2024

Shelled Bean Market Size in Asia-Pacific

In 2023, the Asia-Pacific shelled bean market increased by X% to $X, rising for the fourth year in a row after four years of decline. Overall, consumption, however, recorded a noticeable contraction. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Shelled Bean Production in Asia-Pacific

In value terms, shelled bean production rose sharply to $X in 2023 estimated in export price. Over the period under review, production saw a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Myanmar (X tons) remains the largest shelled bean producing country in Asia-Pacific, accounting for X% of total volume. Moreover, shelled bean production in Myanmar exceeded the figures recorded by the second-largest producer, Thailand (X tons), sixfold. China (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume in Myanmar totaled X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and China (X% per year).

In 2023, the average yield of shelled beans (dry) in Asia-Pacific contracted to X tons per ha, therefore, remained relatively stable against the previous year. In general, the yield showed a noticeable slump. The most prominent rate of growth was recorded in 2022 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of shelled beans (dry) were harvested in Asia-Pacific; remaining relatively unchanged against 2022 figures. Overall, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2014; however, from 2015 to 2023, the harvested area remained at a lower figure.

Shelled Bean Exports

Exports in Asia-Pacific

In 2023, approx. X tons of shelled beans (dry) were exported in Asia-Pacific; shrinking by X% on 2022 figures. Overall, exports, however, saw a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2022, and then contracted in the following year.

In value terms, shelled bean exports soared to $X in 2023. Over the period under review, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2020 when exports increased by X%. The level of export peaked in 2023 and is likely to see steady growth in the immediate term.

Exports by Country

India was the major exporting country with an export of about X tons, which recorded X% of total exports. Afghanistan (X tons) ranks second in terms of the total exports with a X% share, followed by Myanmar (X%). Thailand (X tons) and Lao People's Democratic Republic (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the largest shelled bean supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Afghanistan ($X), with a X% share of total exports. It was followed by Myanmar, with a X% share.

In India, shelled bean exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Afghanistan (X% per year) and Myanmar (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2023, picking up by X% against the previous year. Export price indicated a mild expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was India ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Shelled Bean Imports

Imports in Asia-Pacific

In 2023, imports of shelled beans (dry) in Asia-Pacific surged to X tons, picking up by X% on the previous year. Overall, imports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, shelled bean imports skyrocketed to $X in 2023. In general, imports, however, continue to indicate a perceptible slump. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

India (X tons) and Pakistan (X tons) represented the largest importers of shelled beans (dry) in 2023, amounting to near X% and X% of total imports, respectively. It was distantly followed by Japan (X tons), Afghanistan (X tons) and Vietnam (X tons), together mixing up a X% share of total imports. The following importers - Taiwan (Chinese) (X tons) and Malaysia (X tons) - each finished at a X% share of total imports.

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

In value terms, the largest shelled bean importing markets in Asia-Pacific were India ($X), Pakistan ($X) and Japan ($X), with a combined X% share of total imports. Afghanistan, Vietnam, Malaysia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of 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 Asia-Pacific stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform