Australia and Oceania: Green Bean Market 2024

Green Bean Market Size in Australia and Oceania

The green bean market in Australia and Oceania stood at $X in 2023, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Green Bean Production in Australia and Oceania

In value terms, green bean production rose notably to $X in 2023 estimated in export price. The total production indicated a slight expansion from 2012 to 2023: its value 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Australia (X tons) remains the largest green bean producing country in Australia and Oceania, comprising approx. X% of total volume. Moreover, green bean production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), fourfold.

In Australia, green bean production expanded at an average annual rate of X% over the period from 2012-2023.

The average green bean yield shrank to X tons per ha in 2023, waning by X% compared with the year before. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the yield increased by X%. Over the period under review, the green bean yield attained the peak level at X tons per ha in 2018; however, from 2019 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 green bean harvested area in Australia and Oceania was estimated at X ha, growing by X% against the year before. The harvested area increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2022 to 2023, the growth of the green bean harvested area remained at a somewhat lower figure.

Green Bean Exports

Exports in Australia and Oceania

Green bean exports skyrocketed to X tons in 2023, increasing by X% against 2022 figures. Total exports indicated a notable 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. The volume of export peaked at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, green bean exports surged to $X in 2023. Total exports indicated a pronounced expansion from 2012 to 2023: its value 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, exports decreased by X% against 2019 indices. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) represented roughly X% of total exports in 2023.

Australia was also the fastest-growing in terms of the green beans exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest green bean supplier in Australia and Oceania.

In Australia, green bean exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, which is down by X% against the previous year. In general, the export price saw a mild decrease. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then reduced sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2023, the rate of growth in terms of prices for Australia amounted to X% per year.

Green Bean Imports

Imports in Australia and Oceania

In 2023, imports of green beans in Australia and Oceania surged to X tons, with an increase of X% against 2022 figures. In general, imports, however, continue to indicate a mild setback. The volume of import peaked at X tons in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

In value terms, green bean imports skyrocketed to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

New Zealand prevails in imports structure, accounting for X tons, which was near X% of total imports in 2023. It was distantly followed by Australia (X tons), creating a X% share of total imports.

New Zealand was also the fastest-growing in terms of the green beans imports, with a CAGR of X% from 2012 to 2023. Australia (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) constitutes the largest market for imported green beans in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in New Zealand totaled X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, rising by X% against the previous year. Import price indicated a moderate increase from 2012 to 2023: its price 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, green bean import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

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

Source: IndexBox Platform