Peru - 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 Peru - 2021
Contents:
- Price for Broad Bean and Horse Bean in Peru (FOB) - 2021
- Price for Broad Bean and Horse Bean in Peru (CIF) - 2022
- Exports of Broad Bean and Horse Bean in Peru
- Imports of Broad Bean and Horse Bean in Peru
Price for Broad Bean and Horse Bean in Peru (FOB) - 2021
The average export price for broad beans and horse beans (dry) stood at $1,832 per ton in April 2020, surging by 7.4% against the previous month. Over the last three months, it increased at an average monthly rate of +5.6%. The most prominent rate of growth was recorded in February 2020 an increase of 9.5% against the previous month. Over the period under review, the average export prices attained the peak figure in April 2020.
There were significant differences in the average prices for the major export markets. In April 2020, the country with the highest price was Kuwait ($2,297 per ton), while the average price for exports to Ecuador ($686 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Broad Bean and Horse Bean in Peru (CIF) - 2022
The average import price for broad beans and horse beans (dry) stood at $2,115 per ton in 2022, rising by 9.9% against the previous year. Overall, the import price showed a slight increase. The most prominent rate of growth was recorded in 2014 an increase of 63% against the previous year. Over the period under review, average import prices attained the maximum at $3,078 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +0.3% per year.
Exports of Broad Bean and Horse Bean in Peru
In 2022, approx. 3.7K tons of broad beans and horse beans (dry) were exported from Peru; with an increase of 37% on 2021 figures. Overall, exports, however, continue to indicate a perceptible decrease.
In value terms, broad bean and horse bean exports skyrocketed to $5.9M in 2022. Over the period under review, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.3% against 2020 indices.
| Export of Broad Bean and Horse Bean in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,525 | 2,567 | 1,111 | 1,356 | -3.8% |
| United Arab Emirates | 466 | 655 | 429 | 573 | 7.1% |
| Ecuador | 612 | 464 | 357 | 532 | -4.6% |
| Canada | 493 | 656 | 230 | 393 | -7.3% |
| Kuwait | 329 | 316 | 301 | 383 | 5.2% |
| Italy | 185 | 217 | 182 | 245 | 9.8% |
| Spain | 178 | 194 | 152 | 236 | 9.9% |
| Israel | 339 | 496 | 245 | 223 | -13.0% |
| France | 53.3 | 177 | 107 | 221 | 60.7% |
| Dominican Republic | 107 | 79.5 | 113 | 207 | 24.6% |
| Japan | 87.3 | 127 | 60.1 | 200 | 31.8% |
| Jordan | 74.4 | 147 | 13.9 | 82.5 | 3.5% |
| Palestine | 77.8 | 42.5 | 53.9 | 68.7 | -4.1% |
| Others | 939 | 1,499 | 723 | 1,136 | 6.6% |
| Total | 5,466 | 7,638 | 4,076 | 5,857 | 2.3% |
Top Export Markets for Broad Bean and Horse Bean from Peru in 2022:
- Ecuador (746.3 tons)
- United States (630.0 tons)
- United Arab Emirates (291.1 tons)
- Canada (216.0 tons)
- Kuwait (204.0 tons)
- Dominican Republic (169.7 tons)
- France (148.1 tons)
- Spain (138.9 tons)
- Israel (130.0 tons)
- Jordan (106.7 tons)
- Palestine (98.2 tons)
- Italy (90.1 tons)
- Japan (85.3 tons)
Imports of Broad Bean and Horse Bean in Peru
In 2022, after three years of growth, there was significant decline in purchases abroad of broad beans and horse beans (dry), when their volume decreased by -52.1% to 11 tons. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,322%. As a result, imports reached the peak of 22 tons, and then declined dramatically in the following year.
In value terms, broad bean and horse bean imports plummeted to $22K in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 1,814% against the previous year. As a result, imports attained the peak of $42K, and then contracted rapidly in the following year.
| Import of Broad Bean and Horse Bean in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.5 | 0.7 | 5.9 | 22.2 | 254.1% |
| United Arab Emirates | N/A | N/A | 36.4 | N/A | 0% |
| Canada | N/A | 1.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 2.2 | 42.2 | 22.2 | 254.1% |
Top Suppliers of Broad Bean and Horse Bean to Peru in 2022:
- Spain (10.5 tons)
This report provides an in-depth analysis of the market for broad bean and horse bean in Peru. 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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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