Uruguay: Green Bean Market 2025

Green Bean Market Size in Uruguay

The Uruguayan green bean market rose markedly to $X in 2022, picking up by 7.3% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Green bean consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Green Bean Production in Uruguay

In value terms, green bean production expanded rapidly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 82% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

In 2022, the average green bean yield in Uruguay reduced slightly to X tons per ha, leveling off at 2021 figures. Overall, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by 5.3% against the previous year. Over the period under review, the average green bean yield reached the maximum level at X tons per ha in 2021, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the green bean harvested area in Uruguay amounted to X ha, therefore, remained relatively stable against 2021 figures. Over the period under review, the harvested area saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 5.3% against the previous year. The green bean harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Green Bean Exports

Exports from Uruguay

In 2022, after two years of growth, there was significant decline in shipments abroad of green beans, when their volume decreased by -75.2% to X kg. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 7,501%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, green bean exports fell notably to $X in 2022. Over the period under review, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 3,727% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to +6.2%.

In value terms, the UK ($X) also remains the key foreign market for green beans exports from Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at +5.8%.

Export Prices by Country

The average green bean export price stood at $X per ton in 2022, increasing by 21% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 82%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 -0.4% per year.

Green Bean Imports

Imports into Uruguay

In 2022, purchases abroad of green beans was finally on the rise to reach X tons after three years of decline. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.7% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 142% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, green bean imports reduced to $X in 2022. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 118% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

Argentina (X kg), China (X kg) and Brazil (X kg) were the main suppliers of green bean imports to Uruguay, with a combined 98% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +9.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest green bean suppliers to Uruguay were Argentina ($X), China ($X) and Brazil ($X), with a combined 97% share of total imports.

Argentina, with a CAGR of +16.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 green bean import price amounted to $X per ton, waning by -16.5% against the previous year. In general, the import price, however, saw temperate growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44%. As a result, import price attained the peak level of $X per ton, and then shrank markedly in the following year.

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 Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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