In 2023, Argentina dominated the global export market of bran, sharps, and other residues of leguminous plants, with a significant lead over other countries. While the United States and Paraguay followed, they showed a decline and an increase respectively. Notably, Germany, Portugal, and the UAE demonstrated strong growth, complemented by surging exports from smaller players such as Poland and Croatia. Declines were observed in other countries, including Japan and South Africa, highlighting regional economic challenges and diversification of export patterns.
Future trends to watch include the potential expansion of European and Asian markets, driven by increased demand for sustainable and plant-based products. Monitoring the geopolitical climate and trade agreements will be crucial as these factors could significantly impact export dynamics and opportunities in this sector.
Top countries in Export of Bran, Sharps and Other Residues of Leguminous Plants Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Argentina | 75.54 | 2023 | +2.26% | +2.17% | View data |
| 2 | 2 United States | 6.02 | 2023 | +0.52% | -2.37% | View data |
| 3 | 3 Paraguay | 4.17 | 2023 | +4.39% | +2.94% | View data |
| 4 | 4 Canada | 2.68 | 2023 | +2.83% | +1.81% | View data |
| 5 | 5 Belgium | 2.55 | 2023 | +2.22% | +1.94% | View data |
| 6 | 6 China | 2.12 | 2023 | +1.97% | +1.33% | View data |
| 7 | 7 Germany | 1.44 | 2023 | +3.45% | +5.2% | View data |
| 8 | 8 Portugal | 1.31 | 2023 | +5.94% | +6.57% | View data |
| 9 | 9 United Arab Emirates | 0.86 | 2023 | +6.08% | +5.46% | View data |
| 10 | 10 Spain | 0.6 | 2023 | -0.25% | +0.66% | View data |
