Africa: Market for Broad Beans And Horse Beans (Dry) 2024

Market Size for Broad Beans And Horse Beans (Dry) in Africa

The African market for broad beans and horse beans (dry) skyrocketed to $X in 2023, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Broad Beans And Horse Beans (Dry) in Africa

In value terms, broad bean and horse bean production stood at $X in 2023 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2021; afterwards, it flattened through to 2023.

Ethiopia (X tons) constituted the country with the largest volume of broad bean and horse bean production, accounting for X% of total volume. Moreover, broad bean and horse bean production in Ethiopia exceeded the figures recorded by the second-largest producer, Sudan (X tons), sixfold. Egypt (X tons) ranked third in terms of total production with a X% share.

In Ethiopia, broad bean and horse bean production expanded at an average annual rate of X% over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: Sudan (X% per year) and Egypt (X% per year).

In 2023, the average broad bean and horse bean yield in Africa declined to X tons per ha, approximately equating the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the broad bean and horse bean yield attained 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 broad bean and horse bean harvested area stood at X ha in 2023, with an increase of X% compared with 2022 figures. Overall, the harvested area, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2018 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to broad bean and horse bean production attained the peak figure at X ha in 2012; however, from 2013 to 2023, the harvested area stood at a somewhat lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports in Africa

In 2023, approx. X tons of broad beans and horse beans (dry) were exported in Africa; with an increase of X% against 2022 figures. In general, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, broad bean and horse bean exports expanded sharply to $X in 2023. Over the period under review, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2022 when exports increased by X%. 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

Egypt prevails in exports structure, recording X tons, which was near X% of total exports in 2023. It was distantly followed by Ethiopia (X tons), comprising an X% share of total exports. Tunisia (X tons) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the broad beans and horse beans (dry) exports, with a CAGR of X% from 2012 to 2023. At the same time, Tunisia (X%) displayed positive paces of growth. By contrast, Ethiopia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Egypt increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest broad bean and horse bean supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Ethiopia ($X), with a X% share of total exports.

In Egypt, broad bean and horse bean exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Ethiopia (X% per year) and Tunisia (X% per year).

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, waning by X% against the previous year. Overall, the export price recorded a noticeable decline. The most prominent rate of growth was recorded in 2022 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

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 Tunisia ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Broad Beans And Horse Beans (Dry)

Imports in Africa

In 2023, supplies from abroad of broad beans and horse beans (dry) increased by X% to X tons, rising for the second year in a row after three years of decline. Total imports indicated a buoyant increase from 2012 to 2023: its volume 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, imports increased by X% against 2021 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, broad bean and horse bean imports soared to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

Imports by Country

Egypt was the key importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Morocco (X tons), making up a X% share of total imports. Sudan (X tons) held a little share of total imports.

Imports into Egypt increased at an average annual rate of X% from 2012 to 2023. At the same time, Morocco (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. By contrast, Sudan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Morocco increased by X percentage points.

In value terms, Egypt ($X) constitutes the largest market for imported broad beans and horse beans (dry) in Africa, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in Egypt amounted to X%. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Sudan (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the import price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2019 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2023, the import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Egypt ($X per ton), while Morocco ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform