Bolivia: Market for Broad Beans And Horse Beans (Dry) 2025

Market Size for Broad Beans And Horse Beans (Dry) in Bolivia

The Bolivian market for broad beans and horse beans (dry) declined modestly to $X in 2022, reducing by -1.8% against the previous year. Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.1% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Broad Beans And Horse Beans (Dry) in Bolivia

In value terms, broad bean and horse bean production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 23%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of broad beans and horse beans (dry) in Bolivia was estimated at X kg per ha in 2022, remaining relatively unchanged against the year before. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by 2.5% against the previous year. The broad bean and horse bean yield peaked at X kg per ha in 2012; however, from 2013 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 broad bean and horse bean harvested area in Bolivia reduced modestly to X ha in 2022, remaining relatively unchanged against the previous year's figure. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the harvested area increased by 7.4% against the previous year. Over the period under review, the harvested area dedicated to broad bean and horse bean production reached the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Bolivia

In 2022, exports of broad beans and horse beans (dry) from Bolivia fell to X tons, waning by -13.4% compared with the previous year. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by 41%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, broad bean and horse bean exports reduced dramatically to $X in 2022. Over the period under review, exports showed a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 34%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Israel (X tons), the United Arab Emirates (X tons) and France (X tons) were the main destinations of broad bean and horse bean exports from Bolivia, together comprising 77% of total exports. Italy, Bahrain and Argentina lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of +19.8%), while the other leaders experienced a decline.

In value terms, the United Arab Emirates ($X), Israel ($X) and France ($X) were the largest markets for broad bean and horse bean exported from Bolivia worldwide, together accounting for 80% of total exports. Italy, Bahrain and Argentina lagged somewhat behind, together comprising a further 20%.

Bahrain, with a CAGR of +23.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per ton in 2022, declining by -4.9% against the previous year. Over the period under review, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Argentina ($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 Argentina (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Bolivia

In 2013, the amount of broad beans and horse beans (dry) imported into Bolivia skyrocketed to X kg, with an increase of 133% compared with the previous year. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, broad bean and horse bean imports skyrocketed to $X in 2013. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2013, the United States (X kg) was the main broad bean and horse bean supplier to Bolivia, accounting for a approx. 100% share of total imports.

From 2012 to 2013, the average annual growth rate of volume from the United States totaled +444.4%.

In value terms, the United States ($X) constituted the largest supplier of broad beans and horse beans (dry) to Bolivia.

From 2012 to 2013, the average annual growth rate of value from the United States stood at +451.2%.

Import Prices by Country

In 2013, the average import price for broad beans and horse beans (dry) amounted to $X per ton, growing by 56% against the previous year. Over the period under review, import price indicated a significant expansion from 2012 to 2013: its price increased at an average annual rate of +56.2% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2013, the rate of growth in terms of prices for the United States amounted to +1.2% per year.

Source: IndexBox Platform