Beans market in Serbia

Earlier Report Observations

From 2018 to 2023, the market for fresh or chilled beans in Serbia remained stable, with annual volumes fluctuating between 30 169 tonnes and 30 554 tonnes. Domestic production held steady at approximately 30 000 tonnes each year, while imports and exports had a minimal impact on the overall supply.

In 2024, the planned entry of the large retail chain Carrefour into the Serbian market marked a significant development for distribution channels. During the same year, domestic bean production reportedly fell by around 30%, while imports increased, influenced by greater market access for agricultural products from the EU and the sourcing strategies of major retailers.

Production beans in Serbia

In kind, 2017-2020, t

Top producers of beans, 2017-2020

World map of production of beans, 2017-2020

In 2019, Serbia produced 30 465 tons of beans, marking the highest output during this period with a 1.1% increase. Production then declined slightly in 2020 to 30 262 tons, representing a 0.7% decrease compared to 2019. The lowest production level was recorded in 2018 at 30 146 tons.

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

In value, 2017-2020, K $ US

Serbia's bean production value has grown for the second consecutive year. In 2020, the output was valued at 41 058 thousand US dollars, showing a significant year-over-year increase of 26.6%. Looking at the broader period from 2017 to 2020, production value rose by 13.5%, which translates to an average annual growth rate of 4.3%. The lowest value was recorded in 2018 at 29 240 thousand US dollars, when production experienced its largest decline of 19.2%.

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

Exports beans from Serbia

Exports in kind, kg

The market displayed notable volatility throughout the observed period. Export volumes reached their lowest point in 2019 at 4 738 kilograms, then surged to their highest level in 2020 at 22 825 kilograms, representing a 4.8-fold increase. In 2020 alone, Serbia's bean exports grew dramatically by 381.7% compared to the previous year. The largest decline occurred in 2018, when exports fell by 76.9%.

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

Between 2017 and 2020, Serbia's bean exports in kind were primarily directed to three key markets: Bosnia and Herzegovina (35.0% of exports), the United States (31.4%), and Montenegro (28.0%). Together, these three countries accounted for 94.4% of Serbia's total bean exports by volume.

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

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

Exports in value, K $ US

The market exhibited considerable volatility during these years. Export values reached their lowest point in 2018 at 4.8 thousand US dollars, then climbed to their peak in 2020 at 31.0 thousand US dollars, representing a 6.5-fold increase. In 2020, Serbia's bean export value surged by 514.1% compared to 2019. The most significant decline occurred in 2018, when export value dropped by 81.3%.

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

From 2017 to 2020, Serbia's bean exports in value terms were concentrated among three main destinations: Bosnia and Herzegovina (34.8% of export value), Montenegro (27.7%), and the United States (27.5%). Collectively, these markets represented 90.1% of Serbia's total bean export value during this period.

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

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

Imports beans to Serbia

Imports in kind, kg

The data reveals irregular patterns, indicating a volatile market environment. Import volumes reached their lowest point in 2018 at 28 059 kilograms, then peaked in 2019 at 92 957 kilograms, showing a 3.3-fold variation. In 2020, Serbia imported 71 991 kilograms of beans, representing a 22.6% decrease compared to the previous year. The largest decline occurred in 2018 with a 62.6% drop, while the most significant increase was recorded in 2019 with growth of 231.3%.

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

During the 2017-2020 period, Serbia's bean imports in kind came primarily from three countries: Poland (41.4% of imports), Albania (35.6%), and Egypt (10.7%). Together, these three suppliers accounted for 87.8% of Serbia's total bean imports by volume.

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

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

Imports in value, K $ US

The market demonstrated volatility throughout these years. Import values reached their lowest point in 2018 at 32.7 thousand US dollars, then peaked in 2019 at 103.9 thousand US dollars, representing a 3.2-fold fluctuation. In 2020, Serbia's bean import value stood at 103.2 thousand US dollars, showing a slight contraction of 0.7% compared to the previous year. The largest decline occurred in 2018 with a 54.5% decrease, while the most significant increase was recorded in 2019 with growth of 218.4%.

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

Between 2017 and 2020, Serbia's bean imports in value terms were dominated by three main suppliers: Poland (40.4% of import value), Albania (31.0%), and Egypt (14.6%). These three countries together accounted for 86.0% of Serbia's total bean import value during this period.

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

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