Report Update Mar 1, 2025

Guatemala - Bambara beans - Market Analysis, Forecast, Size, Trends and Insights

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Guatemala: Bambara Bean Market 2025

Bambara Bean Market Size in Guatemala

The Guatemalan bambara bean market reduced dramatically to $X in 2022, with a decrease of -95.5% against the previous year. Overall, consumption continues to indicate a sharp downturn. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Bambara Bean Production in Guatemala

In value terms, bambara bean production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 45% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

The average yield of bambara beans in Guatemala was estimated at less than X kg per ha in 2022, approximately reflecting the previous year. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of bambara beans were harvested in Guatemala; almost unchanged from 2021 figures. In general, the harvested area recorded a relatively flat trend pattern.

Bambara Bean Exports

Exports from Guatemala

For the sixth consecutive year, Guatemala recorded growth in shipments abroad of bambara beans, which increased by 466% to X tons in 2022. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 1,285% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, bambara bean exports surged to $X in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 1,985%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons) was the main destination for bambara bean exports from Guatemala, accounting for a approx. 100% share of total exports.

From 2014 to 2022, the average annual growth rate of volume to the United States stood at +233.0%.

In value terms, the United States ($X) also remains the key foreign market for bambara beans exports from Guatemala.

From 2014 to 2022, the average annual growth rate of value to the United States amounted to +113.4%.

Export Prices by Country

The average bambara bean export price stood at $X per ton in 2022, waning by -60.2% against the previous year. In general, the export price faced a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 51%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to -35.9% per year.

Bambara Bean Imports

Imports into Guatemala

In 2019, overseas purchases of bambara beans decreased by 0% to X tons, falling for the second consecutive year after three years of decline. Overall, imports continue to indicate a significant decline. The smallest decline of -92.4% was in 2015. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, bambara bean imports amounted to $X in 2019. Over the period under review, imports faced a precipitous contraction. The smallest decline of -89.6% was in 2015. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Nicaragua (X tons) was the main supplier of bambara bean to Guatemala, accounting for a approx. 100% share of total imports.

From 2014 to 2019, the average annual rate of growth in terms of volume from Nicaragua totaled +1.5%.

In value terms, Nicaragua ($X) constituted the largest supplier of bambara beans to Guatemala.

From 2014 to 2019, the average annual growth rate of value from Nicaragua amounted to +5.2%.

Import Prices by Country

In 2019, the average bambara bean import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 36% against the previous year. The import price peaked in 2019 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Nicaragua.

From 2014 to 2019, the rate of growth in terms of prices for Nicaragua amounted to +3.7% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the bambara bean market in Guatemala. 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 203 - Bambara beans

Country coverage:

Guatemala

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Guatemala
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024