Bangladesh: Green Bean Market 2025

Green Bean Market Size in Bangladesh

The Bangladeshi green bean market rose markedly to $X in 2022, growing by 8.1% against the previous year. Over the period under review, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 -7.0% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Green Bean Production in Bangladesh

In value terms, green bean production rose markedly to $X in 2022 estimated in export price. Over the period under review, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 -6.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average green bean yield in Bangladesh expanded markedly to X tons per ha, picking up by 10% against the previous year's figure. Overall, the yield indicated a temperate increase from 2012 to 2022: its figure increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green bean yield decreased by -8.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average green bean yield remained at a somewhat 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, approx. X ha of green beans were harvested in Bangladesh; dropping by -1.6% against the year before. The harvested area increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 9.2%. Over the period under review, the harvested area dedicated to green bean production reached the maximum at X ha in 2021, and then reduced in the following year.

Green Bean Exports

Exports from Bangladesh

In 2022, the amount of green beans exported from Bangladesh dropped to X tons, reducing by -5% against 2021 figures. In general, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2018 when exports increased by 162%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, green bean exports reduced to $X in 2022. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 153%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for green bean exports from Bangladesh, accounting for a 68% share of total exports. Moreover, green bean exports to Qatar exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), eightfold. Singapore (X tons) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar totaled +75.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+7.4% per year) and Singapore (+33.6% per year).

In value terms, Qatar ($X) remains the key foreign market for green beans exports from Bangladesh, comprising 70% of total exports. The second position in the ranking was held by Kuwait ($X), with a 12% share of total exports. It was followed by the United Arab Emirates, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar totaled +74.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (-1.0% per year) and the United Arab Emirates (+5.5% per year).

Export Prices by Country

In 2022, the average green bean export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 12% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

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 Kuwait ($X per ton), while the average price for exports to Singapore ($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 Saudi Arabia (+3.8%), while the prices for the other major destinations experienced a decline.

Green Bean Imports

Imports into Bangladesh

In 2022, approx. X tons of green beans were imported into Bangladesh; growing by 215% on 2021. Overall, imports saw a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 487% against the previous year. 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, green bean imports soared to $X in 2022. In general, imports recorded a mild expansion. The most prominent rate of growth was recorded in 2020 with an increase of 582%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Myanmar (X tons) was the main supplier of green bean to Bangladesh, with a 99% share of total imports. It was followed by Thailand (X kg), with a 0.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Myanmar totaled +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-25.7% per year) and the United Arab Emirates (-23.2% per year).

In value terms, Myanmar ($X) constituted the largest supplier of green beans to Bangladesh, comprising 98% of total imports. The second position in the ranking was held by Thailand ($X), with a 0.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Myanmar totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-27.5% per year) and the United Arab Emirates (-16.9% per year).

Import Prices by Country

In 2022, the average green bean import price amounted to $X per ton, reducing by -37.1% against the previous year. Over the period under review, the import price recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 79%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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