In 2023, Belgium dominated the global frozen beans export market, contributing significantly ahead of other countries like Canada and China. Key growth was observed in emerging markets like Armenia, Uganda, and Estonia, based on high year-on-year percentage increases. France, United Kingdom, and others experienced declines. The most rapid growth over the last five years, indicated by the highest compounded annual growth rate (CAGR), was in smaller economies trying to expand their global footprint. This illustrates a trend of smaller, emerging markets gaining share while traditional markets exhibit slower growth or slight contraction.
Future trends to watch include potential shifts towards emerging markets such as Armenia and Uganda that are rapidly increasing their export capabilities. Additionally, observe how traditional markets will respond to increased competition, possibly through innovation or strategic partnerships. Economic and policy changes globally, as well as climate impacts, might also play a role in these shifts, influencing supply, demand, and pricing structures within the frozen beans sector.
Top countries in Export of Frozen Beans Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 35.35 | 2023 | +0.95% | +0.61% | View data |
| 2 | 2 Canada | 11.01 | 2023 | +1.8% | +1.22% | View data |
| 3 | 3 China | 8.49 | 2023 | +2.38% | +3.81% | View data |
| 4 | 4 France | 7.64 | 2023 | -2.04% | -2.14% | View data |
| 5 | 5 Poland | 5.86 | 2023 | +2.62% | +0.84% | View data |
| 6 | 6 Spain | 5.67 | 2023 | +3.75% | +3.4% | View data |
| 7 | 7 Thailand | 4.72 | 2023 | +0.54% | -0.012% | View data |
| 8 | 8 Serbia | 3.25 | 2023 | +3.87% | +3.93% | View data |
| 9 | 9 United States | 3.24 | 2023 | +2.27% | +2.68% | View data |
| 10 | 10 Netherlands | 2.27 | 2023 | -1.49% | -1.31% | View data |
