Brazil: Dry Bean Market 2025

Dry Bean Market Size in Brazil

The Brazilian dry bean market rose remarkably to $X in 2022, surging by 7% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Dry Bean Production in Brazil

In value terms, dry bean production expanded sharply to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 29%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of beans (dry) in Brazil was estimated at X tons per ha in 2022, approximately equating the previous year. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by 8.5%. Over the period under review, the average dry bean yield hit record highs at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of beans (dry) in Brazil stood at X ha, approximately equating 2021 figures. Over the period under review, the harvested area, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 13% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the dry bean harvested area remained at a somewhat lower figure.

Dry Bean Exports

Exports from Brazil

In 2022, after five years of growth, there was significant decline in overseas shipments of beans (dry), when their volume decreased by -39.2% to X tons. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 170% against the previous year. The exports peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, dry bean exports contracted remarkably to $X in 2022. Overall, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 183%. The exports peaked at $X in 2021, and then fell notably in the following year.

Exports by Country

India (X tons) was the main destination for dry bean exports from Brazil, with a 46% share of total exports. Moreover, dry bean exports to India exceeded the volume sent to the second major destination, Vietnam (X tons), threefold. Pakistan (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to India totaled +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+49.5% per year) and Pakistan (+53.7% per year).

In value terms, India ($X) remains the key foreign market for beans (dry) exports from Brazil, comprising 48% of total exports. The second position in the ranking was held by Vietnam ($X), with a 15% share of total exports. It was followed by Pakistan, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+51.3% per year) and Pakistan (+50.7% per year).

Export Prices by Country

The average dry bean export price stood at $X per ton in 2022, falling by -12.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 23% against the previous year. The export price peaked at $X per ton in 2021, and then dropped in the following year.

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 Venezuela ($X per ton), while the average price for exports to Pakistan ($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 India (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Dry Bean Imports

Imports into Brazil

For the third year in a row, Brazil recorded decline in overseas purchases of beans (dry), which decreased by -8.3% to X tons in 2022. Overall, imports showed a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of 119% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dry bean imports reduced to $X in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 257%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Argentina (X tons) was the main dry bean supplier to Brazil, with a 95% share of total imports. Moreover, dry bean imports from Argentina exceeded the figures recorded by the second-largest supplier, Bolivia (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Argentina stood at -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bolivia (-20.2% per year) and China (-52.0% per year).

In value terms, Argentina ($X) constituted the largest supplier of beans (dry) to Brazil, comprising 95% of total imports. The second position in the ranking was held by Bolivia ($X), with a 4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina stood at -7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Bolivia (-21.8% per year) and China (-48.1% per year).

Import Prices by Country

In 2022, the average dry bean import price amounted to $X per ton, with a decrease of -2% against the previous year. Overall, the import price saw a slight downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 63%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Argentina ($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 (+8.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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