The global export market for dried shelled broad beans and horse beans in 2023 was led by Australia, holding a significant share. Lithuania and Latvia followed, each increasing their market presence, with Canada showing a notable growth of 17.57% year-on-year. Noteworthy declines were observed in China and France, with declines of 9.49% and 23.72% respectively, indicating potential market volatility. Russia's dramatic increase of 467.94% suggests an emerging market shift. The last five years have shown varied trends, with newer markets slowly emerging.
Future trends to watch include potential gains in Europe with countries like Lithuania and Latvia growing their shares, while monitoring shifts in the Asian market where China showed a decline. Additionally, Russia's rapid increase and smaller emerging markets could reshape the export landscape significantly. Keeping an eye on political and economic changes will be crucial for anticipating further shifts in global trade shares.
Top countries in Export of Dried Shelled Broad Beans and Horse Beans Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 34.6 | 2023 | +1.74% | +2.58% | View data |
| 2 | 2 Lithuania | 16.22 | 2023 | +5.79% | +4.85% | View data |
| 3 | 3 Latvia | 11.88 | 2023 | +6.26% | +3.12% | View data |
| 4 | 4 United Kingdom | 10.02 | 2023 | -1.68% | -0.62% | View data |
| 5 | 5 Egypt | 5.24 | 2023 | +2.96% | +6.97% | View data |
| 6 | 6 Canada | 4.57 | 2023 | +5.31% | +17.57% | View data |
| 7 | 7 Germany | 3.55 | 2023 | +5.58% | +1.97% | View data |
| 8 | 8 Denmark | 3.02 | 2023 | +6.47% | +0.2% | View data |
| 9 | 9 Belgium | 2.36 | 2023 | +6.05% | +1.1% | View data |
| 10 | 10 Poland | 2.06 | 2023 | +6.37% | +25.42% | View data |
