Ireland: Market for Broad Beans And Horse Beans (Dry) 2025

Market Size for Broad Beans And Horse Beans (Dry) in Ireland

The Irish market for broad beans and horse beans (dry) rose significantly to $X in 2022, surging by 6.6% against the previous year. Over the period under review, consumption posted buoyant growth. Broad bean and horse bean consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Broad Beans And Horse Beans (Dry) in Ireland

In value terms, broad bean and horse bean production shrank modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2015 with an increase of 334% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

The average yield of broad beans and horse beans (dry) in Ireland rose significantly to X tons per ha in 2022, with an increase of 14% compared with the year before. In general, the yield recorded a noticeable increase. The most prominent rate of growth was recorded in 2015 when the yield increased by 207%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average broad bean and horse 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 broad beans and horse beans (dry) production in Ireland contracted to X ha, with a decrease of -4.8% compared with the previous year. Overall, the harvested area, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 48%. The broad bean and horse bean harvested area peaked at X ha in 2021, and then reduced in the following year.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Ireland

In 2022, overseas shipments of broad beans and horse beans (dry) decreased by 0% to X kg, falling for the second consecutive year after three years of decline. In general, exports showed a deep downturn. The growth pace was the most rapid in 2013 with an increase of 30,765% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, broad bean and horse bean exports amounted to $X in 2022. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 9,026%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X kg) was the main destination for broad bean and horse bean exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to -8.2%.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to -8.1%.

Export Prices by Country

In 2022, the average export price for broad beans and horse beans (dry) amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +0.0% per year.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Ireland

In 2022, after two years of growth, there was significant decline in overseas purchases of broad beans and horse beans (dry), when their volume decreased by -14.6% to X tons. Overall, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 489% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, broad bean and horse bean imports skyrocketed to $X in 2022. In general, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 681%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Denmark (X tons) was the main broad bean and horse bean supplier to Ireland, accounting for a 91% share of total imports. Moreover, broad bean and horse bean imports from Denmark exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. The third position in this ranking was taken by the Netherlands (X tons), with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark stood at +40.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-17.8% per year) and the Netherlands (+10.5% per year).

In value terms, Denmark ($X) constituted the largest supplier of broad beans and horse beans (dry) to Ireland, comprising 82% of total imports. The second position in the ranking was held by Poland ($X), with a 6.8% share of total imports. It was followed by the Netherlands, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value from Denmark stood at +47.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+66.3% per year) and the Netherlands (+11.8% per year).

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per ton in 2022, with an increase of 152% against the previous year. Over the period under review, the import price, however, showed a mild curtailment. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Nigeria ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+40.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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