In 2023, India led global beans demand with 6.97 million metric tons, followed by Myanmar and Brazil at 3.39 and 2.96 million metric tons respectively. Significant year-on-year variations included a spike in Kazakhstan (6.13%) and Lithuania (8.71%), whereas countries like Yemen and South Africa saw declines of -8.78% and -5.35% respectively. The Compound Annual Growth Rate (CAGR) over the last five years highlights stable demand growth in India and Myanmar, while contrasting decreases are evident in South Africa and Yemen.
Future trends to watch include continued growth in emerging markets such as Kazakhstan and Lithuania. Other potential areas of interest include the impact of geopolitical factors on production and trade, climate change affecting agricultural output, and shifts in consumer preferences towards healthier, plant-based diets.
Top countries in Beans Demand by Country
# | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 India | 6,970 | 2023 | +1.71% | +1.55% | View data |
2 | 2 Myanmar | 3,390 | 2023 | -0.99% | -0.95% | View data |
3 | 3 Brazil | 2,960 | 2023 | -0.44% | -0.44% | View data |
4 | 4 Mexico | 1,340 | 2023 | +0.75% | +0.5% | View data |
5 | 5 Tanzania | 1,060 | 2023 | +1.25% | +3.05% | View data |
6 | 6 United States | 983 | 2023 | +0.1% | +0.1% | View data |
7 | 7 Kenya | 848 | 2023 | +1.44% | +1.9% | View data |
8 | 8 Uganda | 700 | 2023 | -1.13% | -0.37% | View data |
9 | 9 China | 652 | 2023 | +2.03% | +1.81% | View data |
10 | 10 Kazakhstan | 560 | 2023 | +5.26% | +6.13% | View data |