Asia: Dry Bean Market 2025

Dry Bean Market Size in Asia

The Asian dry bean market expanded sharply to $X in 2022, growing by 5% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Dry Bean Production in Asia

In value terms, dry bean production rose modestly to $X in 2022 estimated in export price. The total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.0% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 40% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of dry bean production was India (X tons), accounting for 47% of total volume. Moreover, dry bean production in India exceeded the figures recorded by the second-largest producer, Myanmar (X tons), twofold. China (X tons) ranked third in terms of total production with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in India totaled +4.4%. In the other countries, the average annual rates were as follows: Myanmar (-4.3% per year) and China (+1.5% per year).

In 2022, the average yield of beans (dry) in Asia expanded slightly to X kg per ha, surging by 2.3% on 2021 figures. Overall, the yield, however, recorded a slight decrease. The pace of growth was the most pronounced in 2019 when the yield increased by 4.3%. The level of yield peaked at X kg per ha in 2013; however, from 2014 to 2022, the 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.

In 2022, the total area harvested in terms of beans (dry) production in Asia dropped slightly to X ha, declining by -3.5% on 2021. The harvested area increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 26% against the previous year. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Dry Bean Exports

Exports in Asia

After seven years of growth, shipments abroad of beans (dry) decreased by -0.3% to X tons in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 24% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, dry bean exports declined to $X in 2022. In general, exports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 17% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Myanmar represented the major exporter of beans (dry) in Asia, with the volume of exports resulting at X tons, which was near 68% of total exports in 2022. Uzbekistan (X tons) took the second position in the ranking, followed by China (X tons). All these countries together held approx. 18% share of total exports. Turkey (X tons), India (X tons), Thailand (X tons) and Kyrgyzstan (X tons) followed a long way behind the leaders.

Exports from Myanmar increased at an average annual rate of +2.0% from 2012 to 2022. At the same time, Turkey (+53.2%), India (+41.3%) and Uzbekistan (+27.2%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of +53.2% from 2012-2022. Thailand experienced a relatively flat trend pattern. By contrast, Kyrgyzstan (-2.5%) and China (-16.6%) illustrated a downward trend over the same period. While the share of Myanmar (+15 p.p.), Uzbekistan (+12 p.p.), Turkey (+4.3 p.p.) and India (+2.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (-32.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Myanmar ($X) remains the largest dry bean supplier in Asia, comprising 58% of total exports. The second position in the ranking was taken by China ($X), with a 14% share of total exports. It was followed by Uzbekistan, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Myanmar was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: China (-11.1% per year) and Uzbekistan (+29.7% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, which is down by -7.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by 17%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Myanmar ($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 (+6.5%), while the other leaders experienced more modest paces of growth.

Dry Bean Imports

Imports in Asia

For the third consecutive year, Asia recorded growth in overseas purchases of beans (dry), which increased by 7% to X tons in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, dry bean imports expanded modestly to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, India (X tons) and China (X tons) were the major importers of beans (dry) in Asia, together recording near 57% of total imports. It was distantly followed by Pakistan (X tons), generating a 6.7% share of total imports. The following importers - Turkey (X tons), Japan (X tons), Vietnam (X tons), the United Arab Emirates (X tons), Iraq (X tons), Indonesia (X tons), South Korea (X tons), Thailand (X tons) and Afghanistan (X tons) - together made up 26% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +34.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dry bean importing markets in Asia were India ($X), China ($X) and Pakistan ($X), together comprising 60% of total imports.

Among the main importing countries, China, with a CAGR of +36.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, shrinking by -2.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 when the import price increased by 16% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 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 Japan ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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