China: Dry Bean Market 2020

Dry Bean Market Size in China

The revenue of the dry bean market in China amounted to $X in 2017, rising by X% against the previous year. In general, dry bean consumption continues to indicate a strong growth. The pace of growth appeared the most rapid in 2014, when market value increased by X% y-o-y. Over the period under review, the dry bean market attained its peak figure level in 2017, and is likely to continue its growth in the near future.

Dry Bean Production in China

Dry bean production in China amounted to X tons in 2017, falling by -X% against the previous year. In general, dry bean production continues to indicate a perceptible deduction. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% year-to-year. In that year, the dry bean production reached their peak volume of X tons. From 2009 to 2017, growth of the dry bean production failed to regain its momentum. Dry bean output in China indicated a noticeable deduction, which was largely conditioned by a significant reduction of the harvested area and a relatively flat trend pattern in yield figures.

Average yield of beans (dry) in China stood at X ton per ha in 2017, remaining stable against the previous year. Overall, dry bean yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, with an increase of X% y-o-y. China dry bean yield peaked of X ton per ha in 2014; however, from 2015 to 2017, it 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 2017, harvested area of beans (dry) in China totaled X ha, declining by -X% against the previous year. Overall, dry bean harvested area continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. China dry bean harvested area peaked of X ha in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Dry Bean Exports from China

In 2017, exports of beans (dry) from China amounted to X tons, declining by -X% against the previous year. In general, dry bean exports continue to indicate a deep deduction. The growth pace was the most rapid in 2008, when exports increased by X% y-o-y. Over the period under review, the dry bean exports attained its maximum volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, dry bean exports stood at $X in 2017. In general, the total exports indicated a modest expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the dry bean exports decreased by -X% against 2013 indices. Over the period under review, the dry bean exports reached its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Dry Bean Exports by Country from China

In 2017, Myanmar (X tons), distantly followed by China (X tons), the U.S. (X tons), Argentina (X tons) and Canada (X tons) represented the main exporters of beans (dry), together generating X% of total exports. Brazil (X tons), Ethiopia (X tons), Egypt (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest dry bean markets worldwide were Myanmar ($X), China ($X) and the U.S. ($X), with a combined X% share of total exports. These countries were followed by Argentina, Canada, Egypt, Ethiopia, Brazil and the UK, which together accounted for a further X%.

Egypt (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Dry Bean Export Prices by Country in China

In 2017, the dry bean export price in China amounted to $X per ton, going up by X% against the previous year. In general, the export price indicated a remarkable increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% year-to-year. China export price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Egypt ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Myanmar (+X% per year), while the other leaders experienced more modest paces of growth.

Dry Bean Imports into China

In 2017, approx. X tons of beans (dry) were imported into China; falling by -X% against the previous year. In general, dry bean imports continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2011, with an increase of X% year-to-year. Over the period under review, the dry bean imports attained its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, dry bean imports stood at $X in 2017. Overall, dry bean imports continue to indicate a prominent increase. Over the period under review, the dry bean imports attained its maximum level of $X in 2016, and then declined slightly in the following year.

Dry Bean Imports by Country into China

In 2017, India (X tons), followed by China (X tons), Mexico (X tons) and Pakistan (X tons) were the largest importers of beans (dry), together constituting X% of total imports. Angola (X tons), Brazil (X tons), the U.S. (X tons), Vietnam (X tons), the Philippines (X tons), the UK (X tons), Kenya (X tons) and Italy (X tons) held the minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported beans (dry) into China, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

From 2007 to 2017, the average annual growth rate of value in India stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Mexico (+X% per year).

Dry Bean Import Prices by Country in China

The dry bean import price in China stood at $X per ton in 2017, going down by -X% against the previous year. Overall, dry bean import price continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2009, an increase of X% against the previous year. China import price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform