Africa: Bambara Bean Market 2024

Bambara Bean Market Size in Africa

The African bambara bean market expanded rapidly to $X in 2022, growing by 8.5% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Bambara Bean Production in Africa

In value terms, bambara bean production rose sharply to $X in 2022 estimated in export price. Overall, production recorded slight growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 74%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Burkina Faso (X tons), Niger (X tons) and Cameroon (X tons), together accounting for 65% of total production. Mali, Togo, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +13.2%), while production for the other leaders experienced more modest paces of growth.

The average bambara bean yield amounted to X kg per ha in 2022, growing by 4.8% compared with the previous year. Over the period under review, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by 9%. Over the period under review, the bambara bean yield hit record highs at X kg per ha in 2020; however, from 2021 to 2022, 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.

In 2022, approx. X ha of bambara beans were harvested in Africa; remaining constant against the year before. The harvested area increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the harvested area increased by 5.6%. The level of harvested area peaked at X ha in 2021, and then dropped modestly in the following year.

Bambara Bean Exports

Exports in Africa

Bambara bean exports contracted sharply to X tons in 2022, with a decrease of -47.3% against the previous year's figure. In general, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 243% against the previous year. As a result, the exports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, bambara bean exports shrank dramatically to $X in 2022. Overall, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 242%. As a result, the exports attained the peak of $X, and then shrank rapidly in the following year.

Exports by Country

Rwanda (X tons), Madagascar (X tons) and Malawi (X tons) represented roughly 87% of total exports in 2022. It was distantly followed by Ethiopia (X tons), creating a 6.8% share of total exports. Zambia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Rwanda (with a CAGR of +70.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malawi ($X) remains the largest bambara bean supplier in Africa, comprising 54% of total exports. The second position in the ranking was taken by Madagascar ($X), with a 25% share of total exports. It was followed by Rwanda, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in Malawi stood at +45.5%. In the other countries, the average annual rates were as follows: Madagascar (+11.6% per year) and Rwanda (+58.3% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, surging by 2.1% against the previous year. Export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bambara bean export price increased by +77.5% against 2017 indices. The growth pace was the most rapid in 2020 an increase of 38%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+14.4%), while the other leaders experienced more modest paces of growth.

Bambara Bean Imports

Imports in Africa

After two years of growth, overseas purchases of bambara beans decreased by -36.1% to X tons in 2022. Overall, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 161%. The volume of import peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, bambara bean imports fell notably to $X in 2022. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by 174% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Democratic Republic of the Congo represented the largest importing country with an import of about X tons, which finished at 57% of total imports. Botswana (X tons) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by South Africa (14%). Swaziland (X tons) and Zimbabwe (X tons) held a minor share of total imports.

Imports into Democratic Republic of the Congo increased at an average annual rate of +47.4% from 2012 to 2022. At the same time, South Africa (+71.7%) and Botswana (+20.9%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing importer imported in Africa, with a CAGR of +71.7% from 2012-2022. By contrast, Swaziland (-5.2%) and Zimbabwe (-8.8%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (+53 p.p.), Botswana (+15 p.p.) and South Africa (+14 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Swaziland (-21.9 p.p.) and Zimbabwe (-24.8 p.p.) displayed negative dynamics.

In value terms, Democratic Republic of the Congo ($X) constitutes the largest market for imported bambara beans in Africa, comprising 79% of total imports. The second position in the ranking was held by South Africa ($X), with a 6.4% share of total imports. It was followed by Swaziland, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Democratic Republic of the Congo stood at +49.9%. In the other countries, the average annual rates were as follows: South Africa (+63.5% per year) and Swaziland (-11.9% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, declining by -4% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2017 an increase of 29% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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