Argentina: Market for Broad Beans And Horse Beans (Dry) 2025

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

The Argentinian market for broad beans and horse beans (dry) expanded to $X in 2022, picking up by 1.7% against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.9% against 2020 indices. Broad bean and horse bean consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, broad bean and horse bean production rose slightly to $X in 2022 estimated in export price. In general, production saw resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 20%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average broad bean and horse bean yield in Argentina dropped to X tons per ha, approximately mirroring the previous year's figure. Over the period under review, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 0.5% against the previous year. Over the period under review, the average broad bean and horse bean yield attained the maximum level at X tons per ha in 2016; afterwards, it flattened through to 2022. 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 Argentina totaled X ha in 2022, almost unchanged from 2021. Overall, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 2.6% against the previous year. Over the period under review, the harvested area dedicated to broad bean and horse bean production attained the peak figure at X ha in 2020; afterwards, it flattened through to 2022.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Argentina

In 2022, after three years of growth, there was significant decline in overseas shipments of broad beans and horse beans (dry), when their volume decreased by -11.5% to X tons. Over the period under review, exports, however, showed a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of 85% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, broad bean and horse bean exports shrank to $X in 2022. Overall, exports, however, posted a measured expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 28%. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

Germany (X kg) was the main destination for broad bean and horse bean exports from Argentina, with a 25% share of total exports. Moreover, broad bean and horse bean exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X kg), twofold. The third position in this ranking was held by Norway (X kg), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -19.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+5,287.5% per year) and Norway (-33.4% per year).

In value terms, Qatar ($X) emerged as the key foreign market for broad beans and horse beans (dry) exports from Argentina, comprising 46% of total exports. The second position in the ranking was taken by Germany ($X), with a 15% share of total exports. It was followed by Uruguay, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value to Qatar amounted to +31.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.4% per year) and Uruguay (-8.9% per year).

Export Prices by Country

In 2022, the average export price for broad beans and horse beans (dry) amounted to $X per ton, flattening at the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 108%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+38.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Argentina

In 2022, supplies from abroad of broad beans and horse beans (dry) decreased by -41% to X tons, falling for the second consecutive year after two years of growth. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 51%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, broad bean and horse bean imports contracted remarkably to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 125%. Imports peaked at $X in 2021, and then declined notably in the following year.

Imports by Country

Bolivia (X tons) and Italy (X tons) were the main suppliers of broad bean and horse bean imports to Argentina.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +21.3%).

In value terms, Italy ($X) constituted the largest supplier of broad beans and horse beans (dry) to Argentina, comprising 83% of total imports. The second position in the ranking was taken by Bolivia ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +24.0%.

Import Prices by Country

In 2022, the average import price for broad beans and horse beans (dry) amounted to $X per ton, declining by -3.5% against the previous year. Over the period under review, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 147% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Bolivia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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