Bangladesh: Dry Bean Market 2025

Dry Bean Market Size in Bangladesh

The Bangladeshi dry bean market reduced to $X in 2022, shrinking by -5.4% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.2% 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 -13.0% against 2020 indices. Dry bean consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Dry Bean Production in Bangladesh

In value terms, dry bean production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, showed a remarkable increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 138% against the previous year. Dry bean production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of beans (dry) in Bangladesh reduced to X kg per ha, which is down by -2.1% against 2021 figures. The yield figure increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 when the yield increased by 7.2%. The dry bean yield peaked at X kg per ha in 2018; however, from 2019 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.

The dry bean harvested area in Bangladesh declined to X ha in 2022, with a decrease of -2.4% on the previous year's figure. The harvested area increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 20% against the previous year. The dry bean harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Dry Bean Exports

Exports from Bangladesh

In 2022, shipments abroad of beans (dry) increased by 51% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports, however, faced a deep reduction. The pace of growth appeared the most rapid in 2015 with an increase of 2,193% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, dry bean exports soared to $X in 2022. In general, exports, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 1,386%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X tons), the United States (X tons) and France (X tons) were the main destinations of dry bean exports from Bangladesh, with a combined 65% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +195.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and France ($X) appeared to be the largest markets for dry bean exported from Bangladesh worldwide, with a combined 55% share of total exports.

In terms of the main countries of destination, France, with a CAGR of +294.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average dry bean export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dry bean export price decreased by -3.8% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 86%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Japan ($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 France (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Bean Imports

Imports into Bangladesh

In 2022, the amount of beans (dry) imported into Bangladesh contracted significantly to X tons, falling by -22.5% against the year before. In general, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.8% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 134%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, dry bean imports declined rapidly to $X in 2022. Over the period under review, total imports indicated a buoyant 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 decreased by -32.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 141% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Myanmar (X tons) constituted the largest dry bean supplier to Bangladesh, with a 38% share of total imports. Moreover, dry bean imports from Myanmar exceeded the figures recorded by the second-largest supplier, Tanzania (X tons), twofold. Mozambique (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume from Myanmar amounted to -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (+66.3% per year) and Mozambique (+91.4% per year).

In value terms, Myanmar ($X) constituted the largest supplier of beans (dry) to Bangladesh, comprising 40% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 13% share of total imports. It was followed by Mozambique, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value from Myanmar amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (+64.1% per year) and Mozambique (+46.0% per year).

Import Prices by Country

The average dry bean import price stood at $X per ton in 2022, increasing by 3.7% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dry bean import price increased by +97.6% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 85% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and Myanmar ($X per ton), while the price for Tanzania ($X per ton) and Mozambique ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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