United Kingdom - Broad Beans And Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Broad Bean and Horse Bean in the UK - 2023
Contents:
- Price for Broad Bean and Horse Bean in the UK (FOB) - 2023
- Price for Broad Bean and Horse Bean in the UK (CIF) - 2022
- Exports of Broad Bean and Horse Bean in the UK
- Imports of Broad Bean and Horse Bean in the UK
Price for Broad Bean and Horse Bean in the UK (FOB) - 2023
The average export price for broad beans and horse beans (dry) stood at $422 per ton in June 2023, with an increase of 24% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $468 per ton in September 2022; however, from October 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Kenya ($668 per ton), while the average price for exports to South Africa ($61.0 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Broad Bean and Horse Bean in the UK (CIF) - 2022
In 2022, the average import price for broad beans and horse beans (dry) amounted to $478 per ton, reducing by -12.4% against the previous year. Over the period under review, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 52%. The import price peaked at $2,645 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($2,117 per ton), while the price for Denmark ($406 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Broad Bean and Horse Bean in the UK
In 2022, broad bean and horse bean exports from the UK skyrocketed to 271K tons, picking up by 107% against the previous year's figure. Overall, exports recorded a significant expansion. 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 $113M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Broad Bean and Horse Bean in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 24.9 | 26.6 | 25.7 | 40.3 | 17.4% |
Netherlands | 0.1 | 2.6 | 8.9 | 31.3 | 579.0% |
France | 4.2 | 1.7 | 6.7 | 8.3 | 25.5% |
Italy | 1.0 | 0.7 | 2.7 | 6.4 | 85.7% |
Denmark | 2.1 | 2.6 | N/A | 6.0 | 41.9% |
Spain | 1.8 | 0.4 | 1.4 | 4.5 | 35.7% |
Sudan | 4.6 | 8.2 | 0.6 | 2.8 | -15.3% |
Norway | 1.6 | 2.4 | 3.6 | 2.2 | 11.2% |
Turkey | N/A | 0.2 | N/A | 2.1 | 224.0% |
Germany | 0.9 | N/A | 1.7 | 1.6 | 21.1% |
Others | 4.8 | 8.0 | 2.6 | 7.2 | 14.5% |
Total | 45.9 | 53.3 | 53.8 | 113 | 35.0% |
Top Export Markets for Broad Bean and Horse Bean from the UK in 2022:
- Egypt (90.2K tons)
- Netherlands (86.8K tons)
- France (22.2K tons)
- Denmark (16.0K tons)
- Italy (14.9K tons)
- Spain (8.9K tons)
- Turkey (6.1K tons)
- Norway (6.0K tons)
- Sudan (3.9K tons)
- Germany (3.5K tons)
Imports of Broad Bean and Horse Bean in the UK
For the fourth year in a row, the UK recorded growth in purchases abroad of broad beans and horse beans (dry), which increased by 112% to 17K tons in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, broad bean and horse bean imports soared to $8M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Broad Bean and Horse Bean in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 1.2 | 1.2 | 3.2 | 6.0 | 71.0% |
Lithuania | N/A | N/A | N/A | 1.3 | 0% |
Netherlands | 0.3 | 1.2 | 0.1 | N/A | -42.3% |
Others | 0.6 | 0.8 | 1.0 | 0.7 | 5.3% |
Total | 2.1 | 3.2 | 4.3 | 8.0 | 56.2% |
Top Suppliers of Broad Bean and Horse Bean to the UK in 2022:
- Netherlands (undefinedK tons)
- Denmark (14.7K tons)
- Lithuania (1.6K tons)
This report provides an in-depth analysis of the market for broad bean and horse bean in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 181 - Broad beans, dry
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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From June 2023 to November 2023, the growth of imports failed to regain momentum. In value terms, Pulses imports totaled $23M in November 2023.
In February 2023, the cow peas price stood at $891 per ton (CIF, United Kingdom), which is down by -9.9% against the previous month.
Lentil imports reached a peak and are projected to further increase in the near future. In terms of value, imports of lentils surged to $5.6M in August 2023.
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In 2015, the countries with the highest levels of production in 2015 were China (X thousand tons), Ethiopia (X thousand tons), Australia (X thousand tons), together accounting for X% of total output.
Australia dominates in the global trade of broad bean and horse bean. In 2014, Australia exported X thousand tons of broad beans and horse beans totaling X million USD, X% over the previous year. Its primary trading partner was Egypt, where it su
Global pigeon peas consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
In 2015, the country with the largest volume of the pigeon peas output was India (X thousand tons), accounting for X% of global production.
France was one of the leaders in the global pigeon pea trade. In 2014, France exported X thousand tons of pigeon peas totaling X thousand USD, a remarkable X% over the previous year. Its primary trading partner was the Netherlands, where it suppli