The global beans market in 2023 shows India leading with a significant volume of 5.75 million metric tons, reflecting a 1.4% year-on-year growth. Brazil, with a negative variation of -0.41%, ranks second at 2.71 million metric tons. The United States, despite minor growth of 0.13%, is at 0.939 million metric tons. African countries like Tanzania, Kenya, and Uganda demonstrate healthy growth, notably Tanzania at 1.61%. Conversely, countries such as Indonesia (-2.07%) and Ghana (-4.07%) show a decline. Emerging trends suggest Iraq and Ecuador as fast growers, with respective increases of 2.06% and 4.56%.
Future trends to watch for in the global beans market include:
- Continued growth in developing nations due to increasing demand and agricultural advancements.
- Potential declines in countries facing socio-economic and climate-related challenges.
- Emerging markets, such as Tunisia and Ecuador, are likely to see further growth, driven by local government support and global market integration.
Top countries in Beans Market Size Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 5,750 | 2023 | +1.64% | +1.4% | View data |
| 2 | 2 Brazil | 2,710 | 2023 | -0.44% | -0.41% | View data |
| 3 | 3 Mexico | 1,210 | 2023 | +0.83% | +0.66% | View data |
| 4 | 4 United States | 939 | 2023 | +0.21% | +0.13% | View data |
| 5 | 5 Tanzania | 846 | 2023 | +1.2% | +1.61% | View data |
| 6 | 6 Uganda | 638 | 2023 | -1.24% | -0.37% | View data |
| 7 | 7 Kenya | 631 | 2023 | +1.28% | +1.15% | View data |
| 8 | 8 Rwanda | 495 | 2023 | +1.23% | +0.91% | View data |
| 9 | 9 Cameroon | 351 | 2023 | +0.86% | +0.7% | View data |
| 10 | 10 North Korea | 273 | 2023 | 0% | -0.15% | View data |
