GCC - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGCC: Market for Broad Beans And Horse Beans (Dry) 2024
Exports of Broad Beans And Horse Beans (Dry)
Exports in GCC
In 2022, after two years of growth, there was significant decline in overseas shipments of broad beans and horse beans (dry), when their volume decreased by -13.6% to X tons. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2015 with an increase of 301% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced in the following year.
In value terms, broad bean and horse bean exports reduced to $X in 2022. Overall, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 153% against the previous year. The level of export peaked at $X in 2021, and then reduced in the following year.
Exports by Country
In 2022, the United Arab Emirates (X tons) was the major exporter of broad beans and horse beans (dry), mixing up 59% of total exports. It was distantly followed by Saudi Arabia (X tons) and Oman (X tons), together making up a 40% share of total exports.
From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +68.5%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United Arab Emirates ($X) remains the largest broad bean and horse bean supplier in GCC, comprising 77% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 16% share of total exports.
In the United Arab Emirates, broad bean and horse bean exports increased at an average annual rate of +16.6% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+28.4% per year) and Oman (+59.9% per year).
Export Prices by Country
The export price in GCC stood at $X per ton in 2022, surging by 2.7% against the previous year. Overall, the export price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2018 when the export price increased by 46% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.5%), while the other leaders experienced a decline in the export price figures.
Imports of Broad Beans And Horse Beans (Dry)
Imports in GCC
In 2022, after three years of growth, there was significant decline in overseas purchases of broad beans and horse beans (dry), when their volume decreased by -52.9% to X tons. Over the period under review, imports showed a pronounced contraction. The pace of growth appeared the most rapid in 2019 with an increase of 30% against the previous year. The volume of import peaked at X tons in 2021, and then dropped dramatically in the following year.
In value terms, broad bean and horse bean imports fell notably to $X in 2022. In general, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 109% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.
Imports by Country
The United Arab Emirates dominates imports structure, resulting at X tons, which was near 84% of total imports in 2022. Bahrain (X tons) took a 6.4% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (5.7%). The following importers - Qatar (X tons) and Oman (X tons) - each amounted to a 3.6% share of total imports.
Imports into the United Arab Emirates increased at an average annual rate of +7.7% from 2012 to 2022. At the same time, Qatar (+40.6%), Bahrain (+27.7%) and Oman (+19.7%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of +40.6% from 2012-2022. By contrast, Kuwait (-2.5%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+59 p.p.), Bahrain (+6 p.p.) and Qatar (+2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) constitutes the largest market for imported broad beans and horse beans (dry) in GCC, comprising 74% of total imports. The second position in the ranking was held by Bahrain ($X), with a 14% share of total imports. It was followed by Kuwait, with a 6.1% share.
In the United Arab Emirates, broad bean and horse bean imports expanded at an average annual rate of +5.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bahrain (+31.9% per year) and Kuwait (-2.5% per year).
Import Prices by Country
The import price in GCC stood at $X per ton in 2022, growing by 28% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 61%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+3.3%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for broad bean and horse bean in GCC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 181 - Broad beans, dry
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in GCC, split by region and country
- Trade (exports and imports) in GCC
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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