Canada - Dry Bean - Market Analysis, Forecast, Size, Trends and Insights
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View PricingProduction of Dry Bean in Canada - 2022
Contents:
- Dry Bean Production in Canada - 2022
- Dry Bean Harvested Area in Canada - 2022
- Dry Bean Yield in Canada - 2022
Dry Bean Production in Canada - 2022
After two years of growth, production of beans (dry) decreased by -13.9% to 313K tons in 2022. Over the period under review, production continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 with an increase of 7.4% against the previous year. Dry bean production peaked at 403K tons in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure. Dry bean output in Canada indicated a pronounced reduction, which was largely conditioned by a noticeable setback of the harvested area and a perceptible curtailment in yield figures.
In value terms, dry bean production rose to $320M in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2017 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, production reached the peak level of $333M. From 2021 to 2022, production growth failed to regain momentum.
Dry Bean Harvested Area in Canada - 2022
In 2022, the dry bean harvested area in Canada contracted notably to 117K ha, which is down by -27.4% compared with 2021. In general, the harvested area saw a pronounced slump. The most prominent rate of growth was recorded in 2020 when the harvested area increased by 22%. As a result, the harvested area attained the peak level of 183K ha. From 2021 to 2022, the growth of the dry bean harvested area remained at a lower figure.
Dry Bean Yield in Canada - 2022
The average yield of beans (dry) in Canada skyrocketed to 2.7 tons per ha in 2022, jumping by 19% against 2021 figures. In general, the yield, however, continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2021 when the yield increased by 21% against the previous year. Over the period under review, the average dry bean yield attained the maximum level at 3.1 tons per ha in 2017; however, from 2018 to 2022, the yield failed to regain momentum.
This report provides an in-depth analysis of the dry bean market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
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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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In November 2022, the dry bean price stood at $1,068 per ton (FOB, Canada), waning by -2.5% against the previous month.
In August 2022, the pulses price stood at $829 per ton (FOB, Canada), rising by 1.6% against the previous month.
Imports of Cow Peas reached a peak of 174 tons before sharply decreasing the following month. In terms of value, imports of Cow Peas notably dropped to $168K in December 2023.
In June 2023, the price of Dry Peas, amounting to $502 per ton (FOB, Canada), increased by 8.1% compared to the previous month.
In September 2023, the Lentil market experienced an impressive growth rate of 336% compared to the previous month. Additionally, the value of lentil exports showed a remarkable increase, reaching $175M in October 2023.
In September 2023, the growth rate of Chick Peas exports reached its highest level, with a remarkable 54% increase compared to the previous month. This surge was followed by a substantial rise in value, as Chick Peas exports reached an impressive $22M in October 2023.
The Monophenols market showed significant growth in January 2023, with a month-to-month increase of 57%. However, imports declined in value to $5.8M in December 2023.
In February 2023, the monophenols price amounted to $1,557 per ton (CIF, Canada), with an increase of 8% against the previous month.
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.
The global dry bean market revenue amounted to $30.1B in 2018, reducing by -2.4% against the previous year. This...