Australia and Oceania: Dry Bean Market 2025

Dry Bean Market Size in Australia and Oceania

In 2022, the dry bean market in Australia and Oceania decreased by -22.8% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, showed buoyant growth. Over the period under review, the market hit record highs at $X in 2021, and then reduced dramatically in the following year.

Dry Bean Production in Australia and Oceania

In value terms, dry bean production reached $X in 2022 estimated in export price. Overall, production, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 97%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Australia (X tons) constituted the country with the largest volume of dry bean production, comprising approx. 100% of total volume.

From 2012 to 2022, the average annual growth rate of volume in Australia totaled +6.0%.

The average dry bean yield contracted to X tons per ha in 2022, waning by -14.4% compared with 2021 figures. Overall, the yield saw a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 46%. The level of yield peaked at X tons per ha in 2012; however, from 2013 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.

The dry bean harvested area dropped to X ha in 2022, with a decrease of -7.5% against the year before. Over the period under review, the harvested area, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2015 when the harvested area increased by 86% against the previous year. Over the period under review, the harvested area dedicated to dry bean production reached the peak figure at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

Dry Bean Exports

Exports in Australia and Oceania

After two years of growth, overseas shipments of beans (dry) decreased by -2.5% to X tons in 2022. Overall, exports, however, posted a modest expansion. The most prominent rate of growth was recorded in 2015 with an increase of 257% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, dry bean exports declined significantly to $X in 2022. Over the period under review, exports, however, posted a pronounced expansion. The pace of growth appeared the most rapid in 2015 with an increase of 254% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Australia (X tons), together recording 100% of total export.

Australia was also the fastest-growing in terms of the beans (dry) exports, with a CAGR of +1.9% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest dry bean supplier in Australia and Oceania.

In Australia, dry bean exports expanded at an average annual rate of +2.3% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, which is down by -14.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by 25% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +0.4% per year.

Dry Bean Imports

Imports in Australia and Oceania

In 2022, approx. X tons of beans (dry) were imported in Australia and Oceania; surging by 10% against 2021 figures. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 36%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, dry bean imports surged to $X in 2022. The total import value increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 51%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia was the main importing country with an import of around X tons, which amounted to 58% of total imports. It was distantly followed by New Zealand (X tons), creating a 36% share of total imports. The following importers - New Caledonia (X tons) and French Polynesia (X tons) - each amounted to a 4.1% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by New Caledonia (with a CAGR of +15.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), New Zealand ($X) and New Caledonia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 96% share of total imports.

New Caledonia, with a CAGR of +17.9%, saw the highest growth rate of the value of imports, in terms of 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 2022, the import price in Australia and Oceania amounted to $X per ton, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in New Caledonia ($X per ton) and Australia ($X per ton), while New Zealand ($X per ton) and French Polynesia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Caledonia (+2.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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