Asia: Green Bean Market 2025

Green Bean Market Size in Asia

The Asian green bean market reached $X in 2022, increasing by 4.2% against the previous year. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Green Bean Production in Asia

In value terms, green bean production rose markedly to $X in 2022 estimated in export price. In general, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 161% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

China (X tons) remains the largest green bean producing country in Asia, comprising approx. 84% of total volume. Moreover, green bean production in China exceeded the figures recorded by the second-largest producer, Indonesia (X tons), more than tenfold. The third position in this ranking was taken by India (X tons), with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China was relatively modest. In the other countries, the average annual rates were as follows: Indonesia (+0.4% per year) and India (+0.6% per year).

The average green bean yield was estimated at X tons per ha in 2022, flattening at the previous year's figure. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 6.1%. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2022, the growth of the green bean 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.

The green bean harvested area shrank slightly to X ha in 2022, approximately equating 2021. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the harvested area increased by 3.9%. As a result, the harvested area reached the peak level of X ha; afterwards, it flattened through to 2022.

Green Bean Exports

Exports in Asia

After three years of growth, overseas shipments of green beans decreased by -15.4% to X tons in 2022. Overall, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 279% against the previous year. The volume of export peaked at X tons in 2021, and then plummeted in the following year.

In value terms, green bean exports expanded to $X in 2022. Over the period under review, exports, however, saw strong growth. The growth pace was the most rapid in 2020 with an increase of 388% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

China dominates exports structure, amounting to X tons, which was near 72% of total exports in 2022. It was distantly followed by Malaysia (X tons) and Myanmar (X tons), together generating a 17% share of total exports. The following exporters - Oman (X tons), Kyrgyzstan (X tons) and Turkey (X tons) - each accounted for a 5.5% share of total exports.

China was also the fastest-growing in terms of the green beans exports, with a CAGR of +41.3% from 2012 to 2022. At the same time, Kyrgyzstan (+9.2%), Turkey (+4.0%), Malaysia (+1.4%) and Myanmar (+1.2%) displayed positive paces of growth. By contrast, Oman (-9.5%) illustrated a downward trend over the same period. While the share of China (+66 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Myanmar (-11.7 p.p.), Malaysia (-13.2 p.p.) and Oman (-15.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest green bean supplier in Asia, comprising 85% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 4% share of total exports. It was followed by Myanmar, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +63.6%. In the other countries, the average annual rates were as follows: Malaysia (+2.9% per year) and Myanmar (-6.4% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, with an increase of 22% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green bean export price increased by +81.4% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 29%. The level of export peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.8%), while the other leaders experienced more modest paces of growth.

Green Bean Imports

Imports in Asia

In 2022, the amount of green beans imported in Asia declined to X tons, waning by -5.5% compared with the year before. Overall, imports saw a slight setback. The most prominent rate of growth was recorded in 2016 when imports increased by 22%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, green bean imports amounted to $X in 2022. Over the period under review, imports showed a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of 12% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Singapore was the major importing country with an import of around X tons, which recorded 39% of total imports. Qatar (X tons) took the second position in the ranking, followed by Kuwait (X tons), the United Arab Emirates (X tons), Malaysia (X tons) and Bahrain (X tons). All these countries together took approx. 37% share of total imports. Macao SAR (X tons), Maldives (X tons), Georgia (X tons), Japan (X tons), Brunei Darussalam (X tons) and Oman (X tons) followed a long way behind the leaders.

Singapore experienced a relatively flat trend pattern with regard to volume of imports of green beans. At the same time, Macao SAR (+28.1%), Kuwait (+12.9%), Malaysia (+11.8%), Georgia (+6.7%), Oman (+6.3%), Maldives (+6.2%), Brunei Darussalam (+5.7%) and Bahrain (+1.6%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing importer imported in Asia, with a CAGR of +28.1% from 2012-2022. By contrast, the United Arab Emirates (-3.7%), Qatar (-4.2%) and Japan (-11.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait, Malaysia, Macao SAR, Singapore and Bahrain increased by +5.9, +5.4, +3.9, +3.4 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported green beans in Asia, comprising 42% of total imports. The second position in the ranking was taken by Qatar ($X), with a 9.8% share of total imports. It was followed by Kuwait, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value in Singapore stood at +2.0%. In the other countries, the average annual rates were as follows: Qatar (+11.7% per year) and Kuwait (+12.7% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, surging by 9.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 17% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+16.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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