Jordan: Green Bean Market 2024

Green Bean Market Size in Jordan

In 2023, after four years of growth, there was decline in the Jordanian green bean market, when its value decreased by X% to $X. In general, the total consumption indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2022, and then reduced in the following year.

Green Bean Production in Jordan

In value terms, green bean production dropped slightly to $X in 2023 estimated in export price. Overall, production, however, recorded perceptible growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a lower figure.

The average yield of green beans in Jordan dropped to X tons per ha in 2023, leveling off at the year before. The yield figure 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 most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. Over the period under review, the average green bean yield reached the peak level at X tons per ha in 2016; however, from 2017 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 green bean harvested area in Jordan contracted modestly to X ha, remaining constant against 2022. Over the period under review, the harvested area continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2019 with an increase of X%. The green bean harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area stood at a somewhat lower figure.

Green Bean Exports

Exports from Jordan

After two years of growth, shipments abroad of green beans decreased by X% to X tons in 2023. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, green bean exports reached $X in 2023. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Bahrain (X tons), Kuwait (X tons) and Qatar (X tons) were the main destinations of green bean exports from Jordan, with a combined X% share of total exports. Saudi Arabia, the United Arab Emirates and Oman lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for green bean exported from Jordan were Bahrain ($X), Kuwait ($X) and Qatar ($X), with a combined X% share of total exports. Saudi Arabia, the United Arab Emirates and Oman lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Saudi Arabia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average green bean export price amounted to $X per ton, surging by X% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, green bean export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2023, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($X per ton) and Oman ($X per ton), while the average price for exports to Qatar ($X per ton) and Bahrain ($X per ton) were amongst the lowest.

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

Green Bean Imports

Imports into Jordan

In 2023, after two years of growth, there was significant decline in overseas purchases of green beans, when their volume decreased by X% to X tons. In general, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, green bean imports dropped to $X in 2023. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Egypt (X tons) was the main green bean supplier to Jordan, accounting for a approx. X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from Egypt stood at X%.

In value terms, Egypt ($X) constituted the largest supplier of green beans to Jordan.

From 2012 to 2023, the average annual rate of growth in terms of value from Egypt stood at X%.

Import Prices by Country

The average green bean import price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, import price indicated a strong increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, green bean import price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021; however, from 2022 to 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2023, the rate of growth in terms of prices for Egypt amounted to X% per year.

Source: IndexBox Platform