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

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

The Bolivian market for broad beans and horse beans (dry) shrank to $X in 2023, with a decrease of X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

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

In value terms, broad bean and horse bean production shrank to $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

The average yield of broad beans and horse beans (dry) in Bolivia was estimated at X kg per ha in 2023, approximately mirroring the previous year. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the average broad bean and horse bean yield reached the peak level at X kg per ha in 2012; however, from 2013 to 2023, the yield failed to regain momentum. 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 in Bolivia dropped to X ha in 2023, remaining relatively unchanged against the previous year's figure. Overall, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to broad bean and horse bean production reached the peak figure at X ha in 2022, and then declined in the following year.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Bolivia

In 2023, the amount of broad beans and horse beans (dry) exported from Bolivia skyrocketed to X tons, picking up by X% against the previous year's figure. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, broad bean and horse bean exports soared to $X in 2023. In general, exports, however, recorded a mild shrinkage. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Israel (X tons), the United Arab Emirates (X tons) and France (X tons) were the main destinations of broad bean and horse bean exports from Bolivia, with a combined X% share of total exports. Portugal, Bahrain, Palestine, Italy, Qatar, Japan and Spain lagged somewhat behind, together comprising a further X%.

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

In value terms, Israel ($X), the United Arab Emirates ($X) and Portugal ($X) appeared to be the largest markets for broad bean and horse bean exported from Bolivia worldwide, with a combined X% share of total exports. France, Italy, Bahrain, Qatar, Palestine, Japan and Spain lagged somewhat behind, together accounting for a further X%.

Bahrain, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the export price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Palestine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Bolivia

In 2013, imports of broad beans and horse beans (dry) into Bolivia soared to X kg, with an increase of X% against the previous year's figure. Overall, imports enjoyed significant growth. 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 surged to $X in 2013. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2013, the United States (X kg) was the main supplier of broad bean and horse bean to Bolivia, accounting for a approx. X% share of total imports.

From 2012 to 2013, the average annual rate of growth in terms of volume from the United States totaled X%.

In value terms, the United States ($X) constituted the largest supplier of broad beans and horse beans (dry) to Bolivia.

From 2012 to 2013, the average annual growth rate of value from the United States amounted to X%.

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per ton in 2013, growing by X% against the previous year. In general, import price indicated significant growth from 2012 to 2013: its price increased at an average annual rate of X% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2013, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform