Slovakia - Dry Bean - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Bean Price in Slovakia - 2023
Contents:
- Dry Bean Price in Slovakia (CIF) - 2023
- Dry Bean Price in Slovakia (FOB) - 2023
- Dry Bean Imports in Slovakia
- Dry Bean Exports in Slovakia
Dry Bean Price in Slovakia (CIF) - 2023
In June 2023, the average dry bean import price amounted to $1,983 per ton, with an increase of 34% against the previous month. In general, import price indicated a notable expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, dry bean import price increased by +42.6% against February 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 36% month-to-month. As a result, import price attained the peak level of $2,212 per ton. From January 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($29,510 per ton), while the price for Hungary ($1,391 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Bean Price in Slovakia (FOB) - 2023
The average dry bean export price stood at $1,937 per ton in July 2023, rising by 3.2% against the previous month. Over the period under review, export price indicated a notable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, dry bean export price decreased by -5.1% against April 2023 indices. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 37% against the previous month. The export price peaked at $2,042 per ton in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In July 2023, the countries with the highest prices were Poland ($2,115 per ton) and Romania ($1,999 per ton), while the average price for exports to Hungary ($1,742 per ton) and the Czech Republic ($1,818 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Bean Imports in Slovakia
Dry bean imports into Slovakia totaled 3K tons in 2022, standing approx. at the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 23%. As a result, imports attained the peak of 3.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dry bean imports soared to $4.6M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Dry Bean in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 594 | 628 | 528 | 1,119 | 23.5% |
| Czech Republic | 187 | 912 | 766 | 909 | 69.4% |
| Ethiopia | 1,138 | 1,052 | 649 | 757 | -12.7% |
| Poland | 455 | 579 | 790 | 730 | 17.1% |
| Argentina | 49.9 | 196 | 169 | 314 | 84.6% |
| Netherlands | 92.0 | 220 | 243 | 250 | 39.5% |
| Canada | 180 | 341 | 475 | 210 | 5.3% |
| Ukraine | 128 | 166 | 23.9 | 26.1 | -41.1% |
| Others | 213 | 354 | 279 | 280 | 9.5% |
| Total | 3,037 | 4,449 | 3,923 | 4,594 | 14.8% |
Top Suppliers of Dry Bean to Slovakia in 2022:
- Ethiopia (762.8 tons)
- Czech Republic (620.8 tons)
- Poland (442.8 tons)
- China (432.6 tons)
- Argentina (247.0 tons)
- Canada (149.5 tons)
- Netherlands (114.6 tons)
- Ukraine (23.5 tons)
Dry Bean Exports in Slovakia
In 2022, overseas shipments of beans (dry) decreased by -23.9% to 790 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 9.2% against the previous year. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, dry bean exports fell significantly to $1.3M in 2022. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, the exports reached the peak of $2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Dry Bean in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 854 | 935 | 749 | 362 | -24.9% |
| Czech Republic | 379 | 379 | 536 | 326 | -4.9% |
| Hungary | 185 | 291 | 92.7 | 318 | 19.8% |
| Poland | 215 | 277 | 111 | 104 | -21.5% |
| Russia | N/A | N/A | N/A | 83.2 | 0% |
| Bulgaria | 58.8 | 136 | 82.0 | 76.3 | 9.1% |
| Others | 8.6 | 15.1 | 16.2 | 19.0 | 30.2% |
| Total | 1,700 | 2,033 | 1,587 | 1,288 | -8.8% |
Top Export Markets for Dry Bean from Slovakia in 2022:
- Romania (239.1 tons)
- Czech Republic (201.2 tons)
- Hungary (196.8 tons)
- Poland (81.8 tons)
- Bulgaria (47.7 tons)
- Russia (14.3 tons)
This report provides an in-depth analysis of the dry bean market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 176 - Beans, dry
- FCL 203 - Bambara beans
- FCL 195 - Cow peas, dry
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The global market for dry beans has seen significant growth over the years, with several countries emerging as key importers. In this article, we will explore the top five import markets for dry beans, providing key statistics and insights into their import values. The data used in this article is sourced from the IndexBox market intelligence platform. India tops the list of the world's best import markets for dry beans. China comes in a close second. The United States holds the third position. Pakistan ranks fourth. Japan is another important importer. These countries rely on imports to meet their domestic demand for dry beans, driven by factors such as population growth, changing dietary preferences, and limited domestic production. The data used in this article was sourced from the IndexBox market intelligence platform, a reliable source for market statistics and insights.
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