Southern Asia: Green Bean Market 2024

Green Bean Market Size in Southern Asia

The South Asian green bean market fell slightly to $X in 2023, shrinking by X% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2023: its value 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. Based on 2023 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market remained at a somewhat lower figure.

Green Bean Production in Southern Asia

In value terms, green bean production contracted to $X in 2023 estimated in export price. The total production indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

India (X tons) constituted the country with the largest volume of green bean production, comprising approx. X% of total volume. Moreover, green bean production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tons), fourfold. The third position in this ranking was taken by Sri Lanka (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume in India was relatively modest. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Sri Lanka (X% per year).

In 2023, the average yield of green beans in Southern Asia declined to X tons per ha, leveling off at 2022. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when the yield increased by X%. Over the period under review, the green bean yield reached the peak level at X tons per ha in 2022, and then fell modestly 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.

The green bean harvested area dropped to X ha in 2023, approximately equating 2022 figures. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2021 to 2023, the growth of the green bean harvested area failed to regain momentum.

Green Bean Exports

Exports in Southern Asia

In 2023, shipments abroad of green beans increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a tangible increase. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The volume of export peaked in 2023 and is likely to continue growth in the near future.

In value terms, green bean exports skyrocketed to $X in 2023. In general, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Bangladesh was the major exporter of green beans in Southern Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. Pakistan (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by India (X%) and Sri Lanka (X%).

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bangladesh (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Bangladesh ($X) remains the largest green bean supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total exports. It was followed by India, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Bangladesh amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (X% per year) and India (X% per year).

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per ton, declining by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked at $X per ton in 2016; however, from 2017 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 Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

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

Green Bean Imports

Imports in Southern Asia

Green bean imports soared to X tons in 2023, picking up by X% on 2022 figures. In general, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, green bean imports skyrocketed to $X in 2023. Overall, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports failed to regain momentum.

Imports by Country

India was the main importer of green beans in Southern Asia, with the volume of imports accounting for X tons, which was near X% of total imports in 2023. It was distantly followed by Maldives (X tons), mixing up a X% share of total imports. Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Maldives (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Maldives ($X) constitutes the largest market for imported green beans in Southern Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Maldives stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the import price, however, posted notable growth. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2023, the 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 Maldives ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform