Greece: Dry Bean Market 2024

Dry Bean Market Size in Greece

The Greek dry bean market contracted to $X in 2023, waning by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Dry Bean Production in Greece

In value terms, dry bean production amounted to $X in 2023 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

The average yield of beans (dry) in Greece was estimated at X tons per ha in 2023, approximately reflecting the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2023, the growth of the average dry bean 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 harvested area of beans (dry) in Greece reduced slightly to X ha, standing approx. at the previous year. In general, the harvested area saw a noticeable contraction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The dry bean harvested area peaked at X ha in 2013; however, from 2014 to 2023, the harvested area stood at a somewhat lower figure.

Dry Bean Exports

Exports from Greece

In 2023, the amount of beans (dry) exported from Greece fell notably to X tons, with a decrease of X% against 2022. In general, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then dropped notably in the following year.

In value terms, dry bean exports contracted markedly to $X in 2023. Over the period under review, exports, however, recorded a slight increase. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then dropped notably in the following year.

Exports by Country

Bulgaria (X tons) was the main destination for dry bean exports from Greece, accounting for a X% share of total exports. Moreover, dry bean exports to Bulgaria exceeded the volume sent to the second major destination, Cyprus (X tons), fourfold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Bulgaria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and the United States (X% per year).

In value terms, Bulgaria ($X) remains the key foreign market for beans (dry) exports from Greece, comprising X% of total exports. The second position in the ranking was held by Cyprus ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Bulgaria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and the United States (X% per year).

Export Prices by Country

In 2023, the average dry bean export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Bean Imports

Imports into Greece

In 2023, approx. X tons of beans (dry) were imported into Greece; dropping by X% on the year before. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then declined sharply in the following year.

In value terms, dry bean imports shrank remarkably to $X in 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

In 2023, Canada (X tons) constituted the largest supplier of dry bean to Greece, with a X% share of total imports. Moreover, dry bean imports from Canada exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Egypt (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual growth rate of volume from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Egypt (X% per year).

In value terms, the largest dry bean suppliers to Greece were Canada ($X), China ($X) and Egypt ($X), together comprising X% of total imports.

In terms of the main suppliers, Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average dry bean import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform