Global Bambara Bean Market 2024

Bambara Bean Market Size

The global bambara bean market stood at $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Bambara Bean Production

In value terms, bambara bean production declined remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a notable increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Burkina Faso (X tons), Niger (X tons) and Cameroon (X tons), together accounting for X% of global production. Mali, Togo, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

The global average bambara bean yield reached X kg per ha in 2022, with an increase of X% compared with 2021 figures. In general, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. The global yield peaked at X kg per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of bambara beans production worldwide amounted to X ha, stabilizing at 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The global harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Bambara Bean Exports

Exports

In 2022, shipments abroad of bambara beans increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. The global exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, bambara bean exports declined significantly to $X in 2022. Overall, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Myanmar (X tons), Malawi (X tons) and Zambia (X tons), together reaching X% of total export. It was distantly followed by Rwanda (X tons), mixing up a X% share of total exports. Argentina (X tons), Madagascar (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Zambia (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, Myanmar ($X) emerged as the largest bambara bean supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Malawi ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

In Myanmar, bambara bean exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Malawi (X% per year) and Brazil (X% per year).

Export Prices by Country

The average bambara bean export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. The global export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other global leaders experienced a decline in the export price figures.

Bambara Bean Imports

Imports

In 2022, after two years of growth, there was significant decline in supplies from abroad of bambara beans, when their volume decreased by X% to X tons. Over the period under review, imports showed a deep reduction. The pace of growth was the most pronounced in 2016 when imports increased by X%. Global imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, bambara bean imports rose remarkably to $X in 2022. In general, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, global imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons), distantly followed by the United States (X tons), Nepal (X tons), Lebanon (X tons), the Dominican Republic (X tons), India (X tons) and Yemen (X tons) were the major importers of bambara beans, together achieving X% of total imports. Botswana (X tons), the UK (X tons), South Africa (X tons), El Salvador (X tons), Namibia (X tons) and Venezuela (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to bambara bean imports into China stood at X%. At the same time, Namibia (X%), Venezuela (X%), Botswana (X%), South Africa (X%), the Dominican Republic (X%), Nepal (X%), the UK (X%), the United States (X%) and El Salvador (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. India experienced a relatively flat trend pattern. By contrast, Lebanon (X%) and Yemen (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Nepal (X p.p.), the United States (X p.p.), the Dominican Republic (X p.p.), India (X p.p.), Botswana (X p.p.), the UK (X p.p.), South Africa (X p.p.), El Salvador (X p.p.), Lebanon (X p.p.), Namibia (X p.p.) and Venezuela (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Lebanon ($X) and the Dominican Republic ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of global imports. China, India, Nepal, the UK, Venezuela, El Salvador, Namibia, Yemen, South Africa and Botswana lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the average bambara bean import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Venezuela ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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