Burkina Faso: Bambara Bean Market 2020

Bambara Bean Market Size in Burkina Faso

The revenue of the bambara bean market in Burkina Faso amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the bambara bean market attained its maximum level at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Bambara Bean Production in Burkina Faso

In value terms, bambara bean production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, bambara bean production reached its maximum level at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

Average yield of bambara beans in Burkina Faso stood at X ton per ha in 2018, rising by X% against the previous year. Overall, the bambara bean yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when yield increased by X% y-o-y. The global bambara bean yield peaked at X ton per ha in 2013; however, from 2014 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of bambara beans production in Burkina Faso totaled X ha, therefore, remained relatively stable against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. In that year, the bambara bean harvested area attained its peak level of X ha. From 2013 to 2018, the growth of the bambara bean harvested area remained at a lower figure.

Bambara Bean Exports

Exports from Burkina Faso

In 2018, the amount of bambara beans exported from Burkina Faso amounted to X tons, waning by -X% against the previous year. Over the period under review, bambara bean exports continue to indicate a dramatic drop. The most prominent rate of growth was recorded in 2011 when exports decreased by -X% year-to-year. Burkina Faso exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, bambara bean exports totaled $X in 2018. Over the period under review, bambara bean exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2014 when exports decreased by -X% year-to-year. Burkina Faso exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

The exports of the five major exporters of bambara beans, namely the Netherlands, Uzbekistan, South Africa, Belgium and Egypt, represented more than two-thirds of total export. It was distantly followed by Ethiopia (X tons), committing a X% share of total exports. Zambia (X tons), Turkey (X tons) and the U.S. (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Africa, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Uzbekistan ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

Belgium experienced the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the bambara bean export price in Burkina Faso amounted to $X per ton, approximately equating the previous year. Over the period under review, the bambara bean export price continues to indicate a relatively flat trend pattern. Burkina Faso export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Bambara Bean Imports

Imports into Burkina Faso

In 2018, the amount of bambara beans imported into Burkina Faso amounted to X tons, jumping by X% against the previous year. In general, bambara bean imports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Over the period under review, bambara bean imports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, bambara bean imports totaled $X in 2018. In general, bambara bean imports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2012 when imports decreased by -X% y-o-y. Burkina Faso imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Saudi Arabia (X tons), distantly followed by Nigeria (X tons), Belgium (X tons), the U.S. (X tons) and the Dominican Republic (X tons) represented the major importers of bambara beans, together generating X% of total imports. Luxembourg (X tons), India (X tons), Poland (X tons), Canada (X tons), Yemen (X tons), the Netherlands (X tons) and El Salvador (X tons) took a little share of total imports.

Imports into Saudi Arabia increased at an average annual rate of +X% from 2007 to 2018. At the same time, the Netherlands (+X%), Canada (+X%), Belgium (+X%), Poland (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The Dominican Republic, India and Nigeria experienced a relatively flat trend pattern. By contrast, El Salvador (-X%), Yemen (-X%) and Luxembourg (-X%) illustrated a downward trend over the same period. Saudi Arabia (+X p.p.), Nigeria (+X p.p.), Belgium (+X p.p.), India (+X p.p.), Canada (+X p.p.), the U.S. (+X p.p.) and Poland (+X p.p.) significantly strengthened its position in terms of the global imports, while El Salvador, Yemen and Luxembourg saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), Nigeria ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Belgium experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the bambara bean import price in Burkina Faso amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the bambara bean import price continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2011 when the import price decreased by -X% year-to-year. Over the period under review, the import prices for bambara beans reached their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by El Salvador, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform