Beans market in Canada

Earlier Report Observations

Canada's position as a leading global exporter of pulses provided a stable foundation for its fresh beans market. In 2019, a reduction in Canadian Grain Commission service fees lowered marketing costs for producers, contributing to a rise in production. However, the COVID-19 pandemic in 2020 caused port delays and higher freight expenses, disrupting export flows and contributing to a contraction in market volume.

Following the pandemic, the market gradually recovered. Anticipated dry conditions from El Niño in 2022 encouraged farmers to expand pulse acreage, supporting production growth. The following year, increased nitrogen fertilizer costs due to the war in Ukraine led some growers to adopt crop rotations that reduced fertilizer dependency, helping maintain production levels despite new competition from Russian pea exports to China.

Production beans in Canada

In kind, 2017-2020, t

From 2017 to 2020, Canada ranked 19th globally in bean production.

Top producers of beans, 2017-2020

World map of production of beans, 2017-2020

After two years of growth, Canada's bean production declined. In 2020, Canada produced 52 270 tonnes of beans, down 10.5% from 2019. The highest production level was recorded in 2019 at 58 417 tonnes, while the largest increase occurred in 2018 with a 7.8% rise.

Annual dynamics of production in Canada in kind, 2017-2020, t

In value, 2017-2020, K $ US

Following two years of expansion, Canada's bean production value decreased. In 2020, bean output was valued at 57 205 thousand US dollars, a 22.7% drop from the previous year. Between 2017 and 2020, production value grew by 23.5%, equivalent to an annualized rate of 7.3%. The peak value was reached in 2019 at 73 984 thousand US dollars, with the largest increase that year at 28.5%.

Annual dynamics of production in Canada in value, 2017-2020, K $ US

Exports beans from Canada

Exports in kind, t

After two years of decline, Canada's bean exports increased. In 2020, exports totaled 4 372 tonnes, marking a modest 10.0% rise from 2019. From 2017 to 2020, exports fell by 25%, translating to an annualized decrease of 9.1%. The lowest export volume was in 2019 at 3 974 tonnes, while the sharpest drop occurred in 2018 with a 23.2% decline.

Annual dynamics of product's exports from Canada in kind, 2017-2020, t

Between 2017 and 2020, the United States was the primary buyer of Canadian beans, accounting for 74.1% of total exports by volume, with the remainder distributed among various other countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Canada in kind, 2017-2020

Exports in value, K $ US

In 2020, Canada's bean exports were valued at 4 784 thousand US dollars, reflecting a slight 4.9% decrease from 2019. Over the 2017-2020 period, export value declined by 7.5%, with a compound annual growth rate (CAGR) of -2.6%. The lowest value was recorded in 2018 at 4 578 thousand US dollars, where the largest decline of 11.5% occurred. The biggest increase was in 2019 with a 9.9% rise.

Annual dynamics of product's exports from Canada in value, 2017-2020, K $ US

From 2017 to 2020, the United States led in bean export value from Canada, holding a 70.3% share of total flows, while other markets combined made up the rest.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Canada in value, 2017-2020

Imports beans to Canada

Imports in kind, t

In 2020, Canada's bean imports amounted to 31 823 tonnes, remaining nearly unchanged from the previous year. Over the 2017-2020 period, imports decreased by 35.5%, with a CAGR of -13.6%. The lowest import volume was in 2018 at 29 546 tonnes, where the largest decline of 40.1% took place. The highest increase was in 2019 with a 7.7% rise.

Annual dynamics of product's imports to Canada in kind, 2017-2020, t

During 2017-2020, the United States and Mexico were the dominant sources for bean imports to Canada by volume, together representing 80.8% of total flows, with the remaining volume shared among smaller markets.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Canada in kind, 2017-2020

Imports in value, K $ US

Canada's bean import value rose for the third consecutive year. In 2020, imports totaled 73 545 thousand US dollars, up 4.6% from the previous year. From 2017 to 2020, import value increased by 18%, with a CAGR of 5.7%.

Annual dynamics of product's imports to Canada in value, 2017-2020, K $ US

From 2017 to 2020, the United States (45.0% of import value), Mexico (34.0%), and Guatemala (16.4%) remained the main suppliers of beans to Canada, collectively accounting for 95.4% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Canada in value, 2017-2020