Dried shelled broad and horse beans market in China

Earlier Report Observations

Production of dried shelled broad and horse beans in China reached 1 806 thousand tons in 2018. Output then declined to 1 715 thousand tons in 2019 and stabilized at 1 712 thousand tons in 2020. During these years, trade tensions between China and the U.S. significantly altered soybean trade flows, reducing imports from the United States and increasing reliance on Brazilian supplies, which introduced uncertainty into the broader legume market.

A steady recovery began in 2021, with production rising to 1 741 thousand tons. Growth continued in 2022, supported by historically high domestic soybean planting areas and yields, which improved conditions for legume crops overall. In 2023, industry research identified stronger potential demand for dried shelled broad and horse beans, alongside active value-chain development and policy support, helping lift production further to 1 767 thousand tons.

Production dried shelled broad and horse beans in China

In kind, 2017-2020, K t

From 2017 to 2020, China was the world's largest producer of dried shelled broad and horse beans.

Top producers of dried shelled broad and horse beans, 2017-2020

World map of production of dried shelled broad and horse beans, 2017-2020

China's production of dried shelled broad and horse beans declined for the second consecutive year. In 2020, output remained virtually unchanged at 1 712 thousand tonnes compared to 2019. Over the 2017-2020 period, production decreased by 5%, with a compound annual growth rate of -1.7%. The highest production level was recorded in 2018 at 1 806 thousand tonnes, while the largest decline occurred in 2019 with a 5.0% drop. The smallest increase was seen in 2018 at 0.2%.

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

In value, 2017-2020, M $ US

Following a two-year decline, China's production value of dried shelled broad and horse beans increased. In 2020, output was valued at 1 915 million US dollars, representing an 8.0% year-over-year uptick. Between 2017 and 2020, production value decreased by 4.2%, equating to an annualized rate of -1.4%. The lowest value was recorded in 2019 at 1 773 million US dollars, while the largest decline occurred in 2018 with a 5.9% decrease.

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

Exports dried shelled broad and horse beans from China

Exports in kind, t

After two years of growth, China's exports of dried shelled broad and horse beans declined. In 2020, exports totaled 8 765 tonnes, marking a 36.3% decrease compared to the previous year. Between 2017 and 2020, exports increased by 3.8%, with an annualized rate of 1.3%. The peak export volume was recorded in 2019 at 13 753 tonnes, which also saw the largest increase of 38.6%.

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

From 2017 to 2020, Japan (32.5% of export volume), Thailand (25.1%), and Mexico (10.5%) were the principal buyers of dried shelled broad and horse beans from China, collectively accounting for 68.2% of total exports.

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

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

Exports in value, K $ US

Following a two-year rise, China's export value of dried shelled broad and horse beans declined. In 2020, export value stood at 9 803 thousand US dollars, representing a steep 31.0% decrease compared to 2019. Over the 2017-2020 period, exports increased by 4.7%, with a compound annual growth rate of 1.5%. The highest value was recorded in 2019 at 14 214 thousand US dollars, which also saw the largest increase of 37.5%.

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

From 2017 to 2020, Japan (43.4% of export value), Thailand (21.6%), and Mexico (10.4%) were the main buyers of dried shelled broad and horse beans from China, together comprising 75.5% of total export value.

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

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

Imports dried shelled broad and horse beans to China

Imports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2018 and peaked in 2020, showing a 14.2-fold variation between these years. In 2020, China imported 0.4 tonnes of dried shelled broad and horse beans, marking a sharp 61.4% increase compared to the previous year. The minimum import volume was recorded in 2018 at 0.0 tonnes, which also saw the largest decline of 61.3%. The largest increase occurred in 2019 with a 777.4% surge.

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

From 2017 to 2020, Japan played a leading role in China's imports of dried shelled broad and horse beans by volume, accounting for 85.6% of total flows, with the remainder distributed among other partners.

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

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

Imports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2017 and peaked in 2019, showing a 26-fold amplitude. In 2020, China imported approximately 4 thousand US dollars worth of dried shelled broad and horse beans, reflecting an 84.7% decline versus the previous year. The maximum import value was recorded in 2019 at 24 thousand US dollars, which also saw the largest increase of 1 297.1%.

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

From 2017 to 2020, the country structure of imports by value was strongly concentrated on Japan and the United States, which together accounted for 89.7% of total flows, with other partners forming the remainder.

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

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