U.S.: Dry Bean Market 2020

Dry Bean Market Size in the USA

The revenue of the dry bean market in the U.S. amounted to $X in 2017, going down by -X% against the previous year. In general, the total market indicated a mild growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. The U.S. dry bean consumption peaked of $X in 2016, and then declined slightly in the following year.

Dry Bean Production in the USA

Dry bean production in the U.S. stood at X tons in 2017, leveling off at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2012, when the output figure increased by X% against the previous year. In that year, the dry bean production reached their peak volume of X tons. From 2013 to 2017, growth of the dry bean production stood at a somewhat lower level. Dry bean output in the U.S. indicated a mild expansion, which was largely conditioned by a modest expansion of the harvested area and a relatively flat trend pattern in yield figures.

In 2017, average dry bean yield in the U.S. amounted to X ton per ha, remaining constant against the previous year. Overall, dry bean yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. In that year, the dry bean yield attained their peak level of X ton per ha. From 2013 to 2017, growth of the dry bean yield stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of beans (dry) were harvested in the U.S.; approximately mirroring the previous year. In general, dry bean harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when it surged by X% y-o-y. The U.S. dry bean harvested area peaked of X ha in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Dry Bean Exports in the USA

In 2017, approx. X tons of beans (dry) were exported from the U.S.; rising by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. The U.S. exports peaked of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, dry bean exports stood at $X in 2017. Overall, the total exports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the dry bean exports increased by +X% against 2015 indices. Over the period under review, the dry bean exports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Dry Bean Exports by Country in the USA

In 2017, Myanmar (X tons), distantly followed by China (X tons), the U.S. (X tons), Argentina (X tons) and Canada (X tons) represented the largest exporters of beans (dry), together committing X% of total exports. Brazil (X tons), Ethiopia (X tons), Egypt (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($X), China ($X) and the U.S. ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports. Argentina, Canada, Egypt, Ethiopia, Brazil and the UK lagged somewhat behind, together comprising a further X%.

Egypt (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Dry Bean Export Prices by Country in the USA

In 2017, the dry bean export price in the U.S. amounted to $X per ton, dropping by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2016, when the export prices increased by X% year-to-year. In that year, the export prices for beans (dry) attained their peak level of $X per ton, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Dry Bean Imports in the USA

In 2017, imports of beans (dry) into the U.S. totaled X tons, going down by -X% against the previous year. In general, dry bean imports continue to indicate a temperate drop. The pace of growth was the most pronounced in 2011, when imports increased by X% y-o-y. The U.S. imports peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, dry bean imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the dry bean imports reached its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Dry Bean Imports by Country in the USA

In 2017, India (X tons), followed by China (X tons), Mexico (X tons) and Pakistan (X tons) represented the main importers of beans (dry), together committing X% of total imports. Angola (X tons), Brazil (X tons), the U.S. (X tons), Vietnam (X tons), the Philippines (X tons), the UK (X tons), Kenya (X tons) and Italy (X tons) took the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported beans (dry) into the U.S., making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in India totaled +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and Mexico (+X% per year).

Dry Bean Import Prices by Country in the USA

The dry bean import price in the U.S. stood at $X per ton in 2017, going down by -X% against the previous year. Overall, the import price indicated a prominent expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the dry bean import price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2016, when the import prices increased by X% y-o-y. In that year, the import prices for beans (dry) reached their peak level of $X per ton, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Italy ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform