Central Asia: Market for Broad Beans And Horse Beans (Dry) 2024

Market Size for Broad Beans And Horse Beans (Dry) in Central Asia

The Central Asian market for broad beans and horse beans (dry) fell to $X in 2023, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2015; however, from 2016 to 2023, consumption remained at a lower figure.

Production of Broad Beans And Horse Beans (Dry) in Central Asia

In value terms, broad bean and horse bean production reduced modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

The country with the largest volume of broad bean and horse bean production was Uzbekistan (X tons), accounting for X% of total volume.

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

The average broad bean and horse bean yield totaled X tons per ha in 2023, therefore, remained relatively stable against the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the broad bean and horse bean yield reached the peak level at X tons per ha in 2018; however, from 2019 to 2023, the 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 2023, the broad bean and horse bean harvested area in Central Asia reduced to X ha, approximately mirroring the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2023, the harvested area stood at a somewhat lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports in Central Asia

In 2023, exports of broad beans and horse beans (dry) in Central Asia skyrocketed to X tons, rising by X% on the previous year's figure. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, broad bean and horse bean exports surged to $X in 2023. Over the period under review, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, amounting to X tons, which was near X% of total exports in 2023. Kyrgyzstan (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the broad beans and horse beans (dry) exports, with a CAGR of X% from 2012 to 2023. Kyrgyzstan (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Kazakhstan ($X) emerged as the largest broad bean and horse bean supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports.

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

Export Prices by Country

In 2023, the export price in Central Asia amounted to $X per ton, waning by X% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2022 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan totaled $X per ton.

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

Imports of Broad Beans And Horse Beans (Dry)

Imports in Central Asia

In 2023, approx. X tons of broad beans and horse beans (dry) were imported in Central Asia; growing by X% against 2022 figures. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are likely to see steady growth in the near future.

In value terms, broad bean and horse bean imports soared to $X in 2023. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Kazakhstan (X tons) represented the major importer of broad beans and horse beans (dry), making up X% of total imports. It was distantly followed by Kyrgyzstan (X tons), committing a X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Kazakhstan increased by X percentage points.

In value terms, Kazakhstan ($X) constitutes the largest market for imported broad beans and horse beans (dry) in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total imports.

In Kazakhstan, broad bean and horse bean imports decreased by an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2022 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2023, import prices failed to regain momentum.

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

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

Source: IndexBox Platform