Greece: Dry Bean Market 2025

Dry Bean Market Size in Greece

The Greek dry bean market surged to $X in 2022, with an increase of 22% against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Dry Bean Production in Greece

In value terms, dry bean production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.4% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 94%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of beans (dry) in Greece amounted to X tons per ha in 2022, approximately reflecting the year before. The yield figure increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the yield increased by 26% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average dry bean 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.

In 2022, the total area harvested in terms of beans (dry) production in Greece fell modestly to X ha, therefore, remained relatively stable against the year before. Over the period under review, the harvested area recorded a noticeable slump. The pace of growth appeared the most rapid in 2015 when the harvested area increased by 25%. Over the period under review, the harvested area dedicated to dry bean production attained the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Dry Bean Exports

Exports from Greece

In 2022, approx. X tons of beans (dry) were exported from Greece; jumping by 110% compared with the year before. Over the period under review, exports posted a mild expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dry bean exports surged to $X in 2022. In general, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria (X tons) was the main destination for dry bean exports from Greece, with a 76% share of total exports. Moreover, dry bean exports to Bulgaria exceeded the volume sent to the second major destination, Cyprus (X tons), eightfold. The third position in this ranking was held by Germany (X tons), with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+7.6% per year) and Germany (+11.8% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for beans (dry) exports from Greece, comprising 62% of total exports. The second position in the ranking was taken by Cyprus ($X), with a 13% share of total exports. It was followed by the United States, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to Bulgaria totaled +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+6.4% per year) and the United States (+8.4% per year).

Export Prices by Country

The average dry bean export price stood at $X per ton in 2022, falling by -22% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average export price increased by 151%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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 the United States ($X per ton), while the average price for exports to Bulgaria ($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 Bulgaria (+4.9%), while the prices for the other major destinations experienced a decline.

Dry Bean Imports

Imports into Greece

Dry bean imports into Greece soared to X tons in 2022, picking up by 32% against the previous year. In general, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dry bean imports surged to $X in 2022. Over the period under review, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.1% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Canada (X tons) constituted the largest dry bean supplier to Greece, with a 40% share of total imports. Moreover, dry bean imports from Canada exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Argentina (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.4% per year) and Argentina (+7.0% per year).

In value terms, China ($X), Canada ($X) and Argentina ($X) appeared to be the largest dry bean suppliers to Greece, with a combined 71% share of total imports. Egypt, Kyrgyzstan, Madagascar and Peru lagged somewhat behind, together accounting for a further 20%.

Among the main suppliers, Egypt, with a CAGR of +50.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dry bean import price amounted to $X per ton, surging by 15% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 18%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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