Asia: Dry Bean Market 2020

Dry Bean Market Size in Asia

The revenue of the dry bean market in Asia amounted to $X in 2017, shrinking by -X% against the previous year. The dry bean consumption continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013, with an increase of X% year-to-year. The level of dry bean consumption peaked of $X in 2016, and then declined slightly in the following year.

Dry Bean Production in Asia

In 2017, dry bean production in Asia totaled X tons, increasing 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 somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2010, when the output figure increased by X% y-o-y. The volume of dry bean production peaked in 2017, and is likely to see steady growth in the immediate term. The general positive trend in terms of dry bean output was largely conditioned by a moderate expansion of the harvested area and a measured growth in yield figures.

The countries with the highest volumes of dry bean production in 2017 were Myanmar (X tons), India (X tons) and Democratic People's Republic of Korea (X tons), together comprising X% of total production.

From 2007 to 2017, the most notable rate of growth in terms of dry bean production, amongst the main producing countries, was attained by Myanmar (+X% per year), while the other leaders experienced mixed trends in the production figures.

In 2017, average dry bean yield in Asia amounted to X kg per ha, surging by X% against the previous year. The yield figure 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 in certain years. The pace of growth appeared the most rapid in 2009, when it surged by X% year-to-year. Over the period under review, the dry bean yield reached its maximum level in 2017, and is likely to see steady growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of beans (dry) were harvested in Asia; remaining stable against the previous year. The dry bean harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to dry bean production reached its peak figure of X ha in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Dry Bean Exports in Asia

The exports stood at X tons in 2017, waning by -X% against the previous year. The dry bean exports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. In that year, the dry bean exports reached their peak volume of X tons. From 2013 to 2017, growth of the dry bean exports stood at a somewhat lower level.

In value terms, dry bean exports amounted to $X in 2017. The total exports indicated a noticeable increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the dry bean exports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Dry Bean Exports by Country in Asia

In 2017, Myanmar (X tons) was the largest exporter for beans (dry), constituting X% of total exports. It was distantly followed by China (X tons), achieving X% share of total exports. Kyrgyzstan (X tons), Thailand (X tons), Indonesia (X tons) and the United Arab Emirates (X tons) occupied 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 Indonesia (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, Myanmar ($X), China ($X) and Kyrgyzstan ($X) were the countries with the highest levels of exports in 2017, together accounting for X% of total exports. These countries were followed by Thailand, Indonesia and the United Arab Emirates, which together accounted for a further X%.

In terms of the main exporting countries , Indonesia (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Dry Bean Export Prices by Country in Asia

In 2017, the dry bean export price in Asia amounted to $X per ton, dropping by -X% against the previous year. The export price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the dry bean export price decreased by -X% against 2014 indices. The growth pace was the most rapid in 2010, when the export prices increased by X% year-to-year. Over the period under review, the export prices for beans (dry) attained its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($X per ton), while the United Arab Emirates ($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 Kyrgyzstan (+X% per year), while the other leaders experienced more modest paces of growth.

Dry Bean Imports in Asia

The imports totaled X tons in 2017, waning by -X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2009, when imports increased by X% year-to-year. Over the period under review, the dry bean imports reached its maximum volume of X tons in 2016, and then declined slightly in the following year.

In value terms, dry bean imports amounted to $X in 2017. The total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the dry bean imports reached its peak figure level of $X in 2016, and then declined slightly in the following year.

Dry Bean Imports by Country in Asia

In 2017, India (X tons) represented the major importer for beans (dry), creating X% of total imports. Japan (X tons) ranks second in terms of the global imports with a X% share, followed by Pakistan (X%) and Indonesia (X%). The following importers - the United Arab Emirates (X tons), Vietnam (X tons), Turkey (X tons), China (X tons), the Philippines (X tons), Malaysia (X tons), South Korea (X tons) and Afghanistan (X tons) together made up X% of total imports.

India experienced a relatively flat trend pattern of beans (dry) imports. At the same time, Afghanistan (+X%), Vietnam (+X%), Pakistan (+X%), the United Arab Emirates (+X%), Indonesia (+X%), China (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Turkey and Malaysia experienced a relatively flat trend pattern. By contrast, the Philippines (-X%) and South Korea (-X%) illustrated a downward trend over the same period. The United Arab Emirates (-X%), India (-X%), Vietnam (-X%) and Pakistan (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Dry Bean Import Prices by Country in Asia

The dry bean import price in Asia stood at $X per ton in 2017, coming down by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, when the import prices increased by X% year-to-year. Over the period under review, the import prices for beans (dry) reached its peak figure level of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per ton), while the Philippines ($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 leaders experienced more modest paces of growth.

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Source: IndexBox Platform