Report Update Nov 1, 2024

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

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Mexico: Bambara Bean Market 2024

Bambara Bean Market Size in Mexico

The Mexican bambara bean market rose markedly to $X in 2022, with an increase of 5.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a buoyant expansion. Bambara bean consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Bambara Bean Exports

Exports from Mexico

In 2022, bambara bean exports from Mexico reduced rapidly to X kg, which is down by -26.1% on the year before. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2017 with an increase of 162%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, bambara bean exports declined notably to $X in 2022. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 145% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X kg) and Turkey (X kg) were the main destinations of bambara bean exports from Mexico.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +57.3%).

In value terms, Canada ($X) remains the key foreign market for bambara beans exports from Mexico, comprising 68% of total exports. The second position in the ranking was held by Turkey ($X), with a 32% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada stood at +45.6%.

Export Prices by Country

The average bambara bean export price stood at $X per ton in 2022, with a decrease of -4.4% against the previous year. Overall, the export price, however, enjoyed slight growth. The pace of growth was the most pronounced in 2015 an increase of 75%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Bambara Bean Imports

Imports into Mexico

In 2022, after two years of decline, there was growth in purchases abroad of bambara beans, when their volume increased by 4.1% to X tons. In general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 430% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, bambara bean imports reached $X in 2022. Overall, imports recorded a buoyant increase. The growth pace was the most rapid in 2019 when imports increased by 430%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main bambara bean supplier to Mexico, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +11.0%.

In value terms, the United States ($X) constituted the largest supplier of bambara beans to Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +11.0%.

Import Prices by Country

In 2022, the average bambara bean import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of less than 0.1%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bambara beans in the world?

The countries with the highest volumes of bambara bean consumption in 2020 were Burkina Faso, Niger and Cameroon, with a combined 61% share of global consumption. These countries were followed by Mali, Togo, Zimbabwe and Democratic Republic of the Congo, which together accounted for a further 31%.

What are the largest producers of bambara beans in the world?

The countries with the highest volumes of bambara bean production in 2020 were Burkina Faso, Niger and Cameroon, with a combined 61% share of global production. These countries were followed by Mali, Togo, Zimbabwe and Democratic Republic of the Congo, which together accounted for a further 31%.

What are the leading suppliers of bambara beans to Mexico?

In value terms, the U.S. constituted the largest supplier of bambara bean to Mexico.

What are the leading importers of bambara beans from Mexico?

In value terms, Canada $225) remains the key foreign market for bambara bean exports from Mexico.

What is the average export price for bambara beans in Mexico?

In 2020, the average bambara bean export price amounted to $731 per ton, waning by -9.1% against the previous year.

What is the average import price for bambara beans in Mexico?

In 2020, the average bambara bean import price amounted to $667 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the bambara bean market in Mexico. 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:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023