CIS: Dry Bean Market 2024

Dry Bean Market Size in CIS

The CIS dry bean market fell to $X in 2023, waning by X% against the previous year. Over the period under review, consumption, however, enjoyed noticeable growth. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market remained at a somewhat lower figure.

Dry Bean Production in CIS

In value terms, dry bean production rose markedly to $X in 2023 estimated in export price. The total production indicated a modest expansion 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 2021 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.

The countries with the highest volumes of production in 2023 were Uzbekistan (X tons), Belarus (X tons) and Kazakhstan (X tons), with a combined X% share of total production. Kyrgyzstan and Tajikistan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Tajikistan (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2023, the average dry bean yield in the CIS rose modestly to X tons per ha, with an increase of X% against the previous year. In general, the yield, however, saw a slight setback. The growth pace was the most rapid in 2019 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2023, the yield remained at a 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, the total area harvested in terms of beans (dry) production in the CIS reduced to X ha, dropping by X% compared with the year before. Overall, the harvested area, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2018 to 2023, the growth of the dry bean harvested area remained at a somewhat lower figure.

Dry Bean Exports

Exports in CIS

For the fourth year in a row, the CIS recorded growth in shipments abroad of beans (dry), which increased by X% to X tons in 2023. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, dry bean exports soared to $X in 2023. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to continue growth in the immediate term.

Exports by Country

In 2023, Uzbekistan (X tons) represented the key exporter of beans (dry), generating X% of total exports. It was distantly followed by Kyrgyzstan (X tons), comprising a X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the beans (dry) exports, with a CAGR of X% from 2012 to 2023. Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Uzbekistan increased by X percentage points.

In value terms, Uzbekistan ($X) remains the largest dry bean supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Uzbekistan stood at X%.

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, jumping by X% against the previous year. Export price indicated strong growth from 2012 to 2023: its price 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, dry bean export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when the export price increased by X%. The level of export peaked in 2023 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Dry Bean Imports

Imports in CIS

In 2023, after two years of growth, there was significant decline in supplies from abroad of beans (dry), when their volume decreased by X% to X tons. Total imports indicated a noticeable increase from 2012 to 2023: its volume 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, imports reached the peak of X tons, and then fell remarkably in the following year.

In value terms, dry bean imports shrank markedly to $X in 2023. Total imports indicated a notable expansion 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports reached the peak of $X, and then contracted dramatically in the following year.

Imports by Country

In 2023, Russia (X tons) represented the main importer of beans (dry), generating X% of total imports. Uzbekistan (X tons) took the second position in the ranking, distantly followed by Kazakhstan (X tons) and Azerbaijan (X tons). All these countries together took approx. X% share of total imports. Moldova (X tons) and Armenia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported beans (dry) in the CIS, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Azerbaijan, with an X% share.

In Russia, dry bean imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs in 2023 and is likely to see gradual growth in the immediate term.

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 Armenia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform