Middle East: Market for Broad Beans And Horse Beans (Dry) 2024

Market Size for Broad Beans And Horse Beans (Dry) in the Middle East

In 2023, the Middle Eastern market for broad beans and horse beans (dry) decreased by X% to $X, falling for the third consecutive year after two years of growth. In general, consumption saw a perceptible decrease. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Broad Beans And Horse Beans (Dry) in the Middle East

In value terms, broad bean and horse bean production dropped slightly to $X in 2023 estimated in export price. Over the period under review, production recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

The countries with the highest volumes of production in 2023 were Syrian Arab Republic (X tons), Iran (X tons) and Turkey (X tons), together accounting for X% of total production.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Iran (with a CAGR of X%), while production for the other leaders experienced a decline in the production figures.

The average broad bean and horse bean yield shrank notably to X tons per ha in 2023, which is down by X% compared with 2022. Over the period under review, the yield saw a noticeable contraction. The pace of growth was the most pronounced in 2022 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha, and then dropped rapidly 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.

In 2023, approx. X ha of broad beans and horse beans (dry) were harvested in the Middle East; rising by X% against 2022. Over the period under review, the harvested area, however, showed a slight setback. The pace of growth appeared the most rapid in 2017 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2014; however, from 2015 to 2023, the harvested area stood at a somewhat lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports in the Middle East

In 2023, the amount of broad beans and horse beans (dry) exported in the Middle East stood at X tons, remaining constant against 2022. In general, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, broad bean and horse bean exports amounted to $X in 2023. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Syrian Arab Republic was the largest exporter of broad beans and horse beans (dry) in the Middle East, with the volume of exports reaching X tons, which was near X% of total exports in 2023. The United Arab Emirates (X tons) took the second position in the ranking, followed by Turkey (X tons). All these countries together took approx. X% share of total exports. The following exporters - Jordan (X tons) and Palestine (X tons) - each reached a X% share of total exports.

Syrian Arab Republic 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, the United Arab Emirates (X%), Jordan (X%), Palestine (X%) and Turkey (X%) displayed positive paces of growth. From 2012 to 2023, the share of Syrian Arab Republic and the United Arab Emirates increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Syrian Arab Republic ($X), the United Arab Emirates ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports.

Among the main exporting countries, Syrian Arab Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Palestine ($X per ton) was amongst the lowest.

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

Imports of Broad Beans And Horse Beans (Dry)

Imports in the Middle East

Broad bean and horse bean imports surged to X tons in 2023, picking up by X% on the year before. Over the period under review, imports saw a relatively flat trend pattern. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, broad bean and horse bean imports soared to $X in 2023. In general, imports, however, saw a mild contraction. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) represented roughly X% of total imports in 2023. Jordan (X tons) took the next position in the ranking, followed by Lebanon (X tons), Turkey (X tons) and Yemen (X tons). All these countries together held approx. X% share of total imports. Palestine (X tons) held a little share of total imports.

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

In value terms, the largest broad bean and horse bean importing markets in the Middle East were the United Arab Emirates ($X), Saudi Arabia ($X) and Jordan ($X), together accounting for X% of total imports. Turkey, Lebanon, Yemen and Palestine lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per ton, reducing by X% against the previous year. In general, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2023, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Jordan ($X per ton) and Turkey ($X per ton), while Saudi Arabia ($X per ton) and Palestine ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform