Beans market in Moldova

Earlier Report Observations

The market volume for fresh or chilled beans in Moldova fluctuated between 1 624 tons and 1 826 tons from 2018 to 2023. Production, which forms the vast majority of supply, peaked at 1 826 tons in 2019, then stabilized around 1 700 tons in the following years.

A key development was the increased reliance on imports, particularly from Ukraine. By 2024, imports dominated external trade, accounting for 98% of the flow, with the market concentrated among a few importers like BALU COMPANY SRL, which held a 57% share.

Production beans in Moldova

In kind, 2017-2020, t

Top producers of beans, 2017-2020

World map of production of beans, 2017-2020

In 2020, Moldova produced 1 707 tons of beans, marking a modest decline of 6.5% compared to the previous year. Over the period from 2017 to 2020, production decreased by 6.6%, with a compound annual growth rate of -2.2%. The largest increase occurred in 2019, when production rose by 6.3%.

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

Exports beans from Moldova

Exports in kind, kg

The market experienced noticeable fluctuations during this period. Export volumes reached their lowest point in 2019 at 5 000 kg, which represented a sharp decrease of 94.7% from the previous year. In contrast, the maximum value was recorded in 2018 at 93 650 kg, with the largest increase that year reaching 1 380.6%. Overall, volumes varied significantly, showing a 19-fold difference between the high in 2018 and the low in 2019.

Annual dynamics of product's exports from Moldova in kind, 2017-2020, kg

From 2017 to 2020, Serbia and Romania were the two leading markets, together accounting for 94.0% of Moldova's total bean exports in kind. The remaining volume was distributed among a wide range of other countries.

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

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

Exports in value, $ US

The market exhibited volatility during these years. Export values bottomed out in 2019 at 1 606 US dollars, equivalent to a sudden decline of 97.4% year-over-year. The peak was reached in 2018 with 60 952 US dollars, where the largest increase of 226.8% was recorded. Overall, there was a 38-fold difference between the peak in 2018 and the trough in 2019.

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

Between 2017 and 2020, Serbia and Lebanon remained the main markets for Moldova's bean exports in value terms, jointly accounting for 87.5% of total flows. Other partners made up the remaining share.

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

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

Imports beans to Moldova

Imports in kind, kg

The market showed noticeable fluctuations in performance during this period. Import volumes reached their minimum in 2018 at 799 kg, with the largest decline that year of 72.8%. The maximum was recorded in 2019 at 5 308 kg, where the largest increase of 564.3% occurred. In 2020, imports stood at 4 274 kg, representing a strong decrease of 19.5% compared to the previous year. Overall, volumes varied by a factor of 6.6 between the peak in 2019 and the trough in 2018.

Annual dynamics of product's imports to Moldova in kind, 2017-2020, kg

From 2017 to 2020, Albania, Romania, and Turkey were the leading sources for Moldova's bean imports in kind, with shares of 43.9%, 31.9%, and 22.1%, respectively. Together, these three countries accounted for 97.9% of total import flows.

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

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

Imports in value, $ US

Market behavior was characterized by volatility during these years. Import values fell to a trough in 2018 at 1 715 US dollars, with the largest decline that year of 45.8%. The peak was reached in 2019 at 8 483 US dollars, where the largest increase of 394.6% was recorded. In 2020, imports totaled 7 234 US dollars, corresponding to a loss of 14.7% compared to the previous year. Overall, there was a 4.9-fold difference between the peak in 2019 and the trough in 2018.

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

Throughout 2017 to 2020, Albania, Romania, and Turkey played the leading roles in Moldova's bean imports in value terms, with shares of 40.5%, 32.1%, and 19.6%, respectively. Collectively, these three countries accounted for 92.3% of total import flows.

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

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