Benelux: Market for Broad Beans And Horse Beans (Dry) 2024

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

In 2023, after three years of growth, there was significant decline in the Benelux market for broad beans and horse beans (dry), when its value decreased by X% to $X. Overall, consumption, however, saw a significant increase. The level of consumption peaked at $X in 2022, and then declined in the following year.

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

In value terms, broad bean and horse bean production rose modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

The country with the largest volume of broad bean and horse bean production was Belgium (X tons), comprising approx. X% of total volume. Moreover, broad bean and horse bean production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), threefold.

From 2012 to 2023, the average annual growth rate of volume in Belgium stood at X%. The remaining producing countries recorded the following average annual rates of production growth: the Netherlands (X% per year) and Luxembourg (X% per year).

The average broad bean and horse bean yield shrank modestly to X tons per ha in 2023, waning by X% on 2022 figures. In general, the yield recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2019 to 2023, the growth of the broad bean and horse bean yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the broad bean and horse bean harvested area in Benelux dropped to X ha, with a decrease of X% against 2022 figures. In general, the harvested area, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to broad bean and horse bean production attained the maximum at X ha in 2020; afterwards, it flattened through to 2023.

Exports of Broad Beans And Horse Beans (Dry)

Exports in Benelux

Broad bean and horse bean exports shrank to X tons in 2023, which is down by X% on the previous year's figure. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, broad bean and horse bean exports declined remarkably to $X in 2023. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted significantly in the following year.

Exports by Country

The biggest shipments were from the Netherlands (X tons) and Belgium (X tons), together amounting to X% of total export.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belgium (with a CAGR of X%).

In value terms, the Netherlands ($X) remains the largest broad bean and horse bean supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

In the Netherlands, broad bean and horse bean exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period under review, the export price, however, showed perceptible growth. The growth pace was the most rapid in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Broad Beans And Horse Beans (Dry)

Imports in Benelux

After three years of growth, overseas purchases of broad beans and horse beans (dry) decreased by X% to X tons in 2023. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2022, and then declined in the following year.

In value terms, broad bean and horse bean imports declined to $X in 2023. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2022, and then contracted in the following year.

Imports by Country

The Netherlands prevails in imports structure, amounting to X tons, which was near X% of total imports in 2023. It was distantly followed by Belgium (X tons), creating a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the broad beans and horse beans (dry) imports, with a CAGR of X% from 2012 to 2023. At the same time, Belgium (X%) displayed positive paces of growth. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported broad beans and horse beans (dry) in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

In the Netherlands, broad bean and horse bean imports expanded at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, dropping by X% against the previous year. In general, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform