Beans market in Northern America

Earlier Report Observations

The market volume for fresh or chilled beans in Northern America decreased from 898.1 thousand tons in 2018 to 710.9 thousand tons in 2023. After initial declines in 2019 and 2020, the market saw modest growth of 1.7% in 2021 and 2.3% in 2022, but volume fell again by 8.9% in 2023.

By 2024, consumer preferences were shifting towards fresh and frozen beans due to health perceptions, with the fresh segment reported to be growing. Demand was also supported by public health initiatives promoting vegetable consumption and increasing interest in plant-based proteins.

Production beans in Northern America

In kind, 2017-2020, K t

Top producers of beans, 2017-2020

World map of production of beans, 2017-2020

Northern America's bean production has declined for the third year in a row. In 2020, the region produced 737 thousand tons of beans, marking a significant 10.5% decrease from 2019. Looking at the period from 2017 to 2020, production fell by 18.4%, which translates to an average annual decline of 6.5%.

Annual dynamics of production in Northern America in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Bean production in Northern America has decreased for the second consecutive year. In 2020, the output was valued at 1 014 million US dollars, representing a 9.3% drop compared to the previous year. From 2017 to 2020, production value declined by 23.8%, averaging an 8.7% annual decrease. The highest value was recorded in 2018 at 1 479 million US dollars, while the largest decline occurred in 2019 with a 24.5% fall. In contrast, 2018 saw the biggest increase at 11.2%.

Annual dynamics of production in Northern America in value, 2017-2020, M $ US

Exports beans from Northern America

Exports in kind, K t

In 2020, Northern America exported 3.5 thousand tons of beans, a 6.2% decrease from the previous year. The lowest export volume was in 2018 at 2.7 thousand tons, while the highest was in 2019 at 3.7 thousand tons. The most significant decline happened in 2018 with a 21.9% drop, whereas 2019 experienced the largest increase at 35.2%.

Annual dynamics of product's exports from Northern America in kind, 2017-2020, K t

From 2017 to 2020, the export structure for beans in kind was highly diversified. Japan accounted for 13.3% of exports, Egypt for 2.8%, and India for 2.6%, together making up just 18.7% of total flows. The remaining 81.3% was distributed among a wide range of smaller markets.

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

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

Exports in value, K $ US

Northern America exported beans worth 4 784 thousand US dollars in 2020, a slight 4.9% decrease from 2019. Over the 2017-2020 period, exports fell by 7.5%, with an average annual decline of 2.6%. The lowest value was recorded in 2018 at 4 578 thousand US dollars, which also saw the largest decline of 11.5%. The biggest increase occurred in 2019 with a 9.9% rise.

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

Between 2017 and 2020, Japan was the largest buyer of beans from Northern America in value terms, accounting for 17.3% of exports, followed by Egypt at 2.7% and India at 2.5%. Together, these three countries represented only 22.5% of total export value, highlighting a broadly diversified partner base.

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

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

Imports beans to Northern America

Imports in kind, K t

The import market for beans in Northern America showed an unstable trend from 2017 to 2020. Import volumes fluctuated significantly, with an 8.1-fold difference between the high in 2017 and the low in 2018. In 2020, imports reached 16.8 thousand tons, a modest 7.3% increase from the previous year. The lowest volume was in 2018 at 15.6 thousand tons, which also saw the largest decline of 87.6%.

Annual dynamics of product's imports to Northern America in kind, 2017-2020, K t

From 2017 to 2020, Mexico, Guatemala, and the Dominican Republic were the main sources of bean imports to Northern America in kind. Mexico accounted for 33.9% of imports, Guatemala for 12.7%, and the Dominican Republic for 3.8%, together making up 50.4% of total import volumes.

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

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

Imports in value, K $ US

Bean imports to Northern America have increased for the third consecutive year. In 2020, imports amounted to 73 749 thousand US dollars, reflecting a 4.6% improvement compared to 2019. Over the 2017-2020 period, imports grew by 18%, with an average annual increase of 5.7%.

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

Between 2017 and 2020, Mexico, Guatemala, and the Dominican Republic consistently led the import structure in value terms. Mexico accounted for 33.9% of imports, Guatemala for 16.4%, and the Dominican Republic for 1.8%, jointly representing 52.0% of total import flows.

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

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