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Report Sri Lanka - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Sri Lanka - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Broad Beans And Horse Beans (Dry) 2025

Market Size for Broad Beans And Horse Beans (Dry) in Sri Lanka

In 2022, the Sri Lankan market for broad beans and horse beans (dry) decreased by -23.2% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, showed buoyant growth. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Sri Lanka

In 2022, the amount of broad beans and horse beans (dry) exported from Sri Lanka dropped sharply to X tons, declining by -77.1% compared with the previous year. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 227%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, broad bean and horse bean exports declined dramatically to $X in 2022. Overall, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 168%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Switzerland (X kg) was the main destination for broad bean and horse bean exports from Sri Lanka, accounting for a 63% share of total exports. Moreover, broad bean and horse bean exports to Switzerland exceeded the volume sent to the second major destination, France (X kg), twofold.

From 2012 to 2022, the average annual growth rate of volume to Switzerland amounted to +84.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+82.1% per year) and Germany (-61.7% per year).

In value terms, Switzerland ($X), France ($X) and Germany ($X) constituted the largest markets for broad bean and horse bean exported from Sri Lanka worldwide, with a combined 100% share of total exports.

Among the main countries of destination, France, with a CAGR of +66.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for broad beans and horse beans (dry) amounted to $X per ton, jumping by 24% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Germany ($X per ton), while the average price for exports to Switzerland ($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 Germany (+42.1%), while the prices for the other major destinations experienced a decline.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Sri Lanka

In 2022, supplies from abroad of broad beans and horse beans (dry) decreased by -31.7% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 501%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, broad bean and horse bean imports fell to $X in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 295% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) was the main supplier of broad bean and horse bean to Sri Lanka, accounting for a 99.9% share of total imports. It was followed by Australia (X kg), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India totaled +25.2%.

In value terms, India ($X) constituted the largest supplier of broad beans and horse beans (dry) to Sri Lanka, comprising 99.9% of total imports. The second position in the ranking was taken by Australia ($X), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +24.4%.

Import Prices by Country

In 2022, the average import price for broad beans and horse beans (dry) amounted to $X per ton, jumping by 25% against the previous year. Overall, the import price, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2017 when the average import price increased by 40%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 Australia ($X per ton), while the price for India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+12.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of broad bean and horse bean consumption in 2021 were China, Ethiopia and Egypt, with a combined 57% share of global consumption. The UK, Sudan, Italy, France, Germany, Lithuania and Australia lagged somewhat behind, together accounting for a further 23%.
The countries with the highest volumes of broad bean and horse bean production in 2021 were China, Ethiopia and the UK, with a combined 58% share of global production. Australia, Lithuania, Germany, Sudan, France, Italy, Egypt and Latvia lagged somewhat behind, together comprising a further 25%.
In value terms, Australia constituted the largest supplier of broad bean and horse bean to Sri Lanka, comprising 82% of total imports. The second position in the ranking was occupied by India, with an 18% share of total imports.
In value terms, the UK, Singapore and Jordan were the largest markets for broad bean and horse bean exported from Sri Lanka worldwide, with a combined 69% share of total exports. Switzerland, Seychelles, France and the Netherlands lagged somewhat behind, together accounting for a further 25%.
The average export price for broad beans and horse beans dry) stood at $1,676 per ton in 2021, growing by 19% against the previous year.
In 2021, the average import price for broad beans and horse beans dry) amounted to $334 per ton, rising by 24% against the previous year.

This report provides an in-depth analysis of the market for broad bean and horse bean in Sri Lanka. 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:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. 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

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