Key Market Indicators
The country held the 42nd position in 2021, Thailand overtook with 110,920 Metric Tons. Brazil, Mexico and the United States respectively ranked numbers 2, 3 and 4 in this ranking. The demand for Spanish beans is expected to stay steady over the coming years, with no major changes. Thailand is projected to overtake Spain in terms of consumption in 2021, with a total of 51 thousand metric tons. Brazil, Mexico and the United States are expected to remain the top three countries in terms of consumption. Meanwhile, Spanish production of beans is forecast to decline by 3.1% on average annually, over the next five years. Thailand is projected to overtake Spain in terms of production in 2021, with a total of 111 thousand metric tons. Brazil, Mexico and the United States are expected to remain the top three countries in terms of production.
