Middle East: Dry Bean Market 2024

Dry Bean Market Size in the Middle East

The Middle Eastern dry bean market was estimated at $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Dry Bean Production in the Middle East

In value terms, dry bean production rose slightly to $X in 2023 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a lower figure.

The countries with the highest volumes of production in 2023 were Turkey (X tons), Iran (X tons) and Yemen (X tons), with a combined X% share of total production.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Turkey (with a CAGR of X%), while production for the other leaders experienced mixed trends in the production figures.

In 2023, the average yield of beans (dry) in the Middle East stood at X tons per ha, stabilizing at the year before. 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 observed in certain years. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. Over the period under review, the dry bean yield attained the peak level at X tons per ha in 2021; however, from 2022 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The dry bean harvested area reached X ha in 2023, approximately reflecting 2022 figures. In general, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to dry bean production reached the peak figure at X ha in 2014; however, from 2015 to 2023, the harvested area remained at a lower figure.

Dry Bean Exports

Exports in the Middle East

In 2023, approx. X tons of beans (dry) were exported in the Middle East; growing by X% against the year before. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, dry bean exports rose rapidly to $X in 2023. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the key exporter of beans (dry) in the Middle East, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2023. It was distantly followed by the United Arab Emirates (X tons), achieving a X% share of total exports.

Turkey was also the fastest-growing in terms of the beans (dry) exports, with a CAGR of X% from 2012 to 2023. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Turkey ($X) remains the largest dry bean supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total exports.

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

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per ton, picking up by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates amounted to $X per ton.

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

Dry Bean Imports

Imports in the Middle East

In 2023, the amount of beans (dry) imported in the Middle East expanded significantly to X tons, surging by X% compared with the previous year. Total imports indicated buoyant growth from 2012 to 2023: its volume 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, dry bean imports rose sharply to $X in 2023. Total imports indicated buoyant growth 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of dry bean imports in 2023 were Turkey (X tons), the United Arab Emirates (X tons) and Iraq (X tons), together resulting at X% of total import. It was distantly followed by Yemen (X tons) and Iran (X tons), together mixing up an X% share of total imports. Lebanon (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dry bean importing markets in the Middle East were Turkey ($X), Iraq ($X) and the United Arab Emirates ($X), together accounting for X% of total imports.

Iraq, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per ton, growing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Lebanon ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Yemen (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform