Dried shelled broad and horse beans market in Iran

Earlier Report Observations

The market for dried shelled broad and horse beans in Iran expanded from 17 813 tons in 2018 to 20 004 tons in 2020. This growth occurred alongside import restrictions and drought conditions affecting domestic bean supply. Simultaneously, rising consumption of healthy drinks and protein shakes among young consumers boosted demand for organic bean flour, a derivative product, supporting overall market volume.

Market volume contracted to 18 510 tons in 2021, reflecting lower production and imports during a period of relative price stabilization and calmer market conditions. By 2022, volume stabilized at 18 438 tons, underpinned by continued demand for organic bean flour used in desserts and protein beverages, coupled with the official price setting for first-grade dried beans in retail markets.

In 2023, the market recovered to 19 095 tons, driven primarily by a sharp increase in imports, which more than doubled to 1 593 tons, offsetting a slight decline in domestic production.

Production dried shelled broad and horse beans in Iran

In kind, 2017-2020, t

From 2017 to 2020, Iran ranked 26th globally in production volume 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

Iran's production of dried shelled broad and horse beans grew for the second consecutive year. In 2020, the country produced 18 756 tonnes, marking a 1.6% increase compared to the previous year. Over the 2017-2020 period, overall production declined by 5.7%, with a compound annual growth rate of 2.0%. The lowest production level was recorded in 2018 at 17 903 tonnes, which also saw the largest decline of 10.0%. In contrast, 2019 experienced the biggest increase at 3.1%.

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

Exports dried shelled broad and horse beans from Iran

Exports in kind, t

Market performance showed significant fluctuations during this period. Exports reached their lowest point in 2017 and peaked in 2019, with a 130-fold difference between these years. In 2020, Iran exported 12 tonnes of dried shelled broad and horse beans, representing a 98.3% year-over-year decrease. The highest export volume was recorded in 2019 at 710 tonnes, while the largest increase occurred in 2018 with a growth of 1 554.2%.

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

From 2017 to 2020, exports in kind were heavily concentrated on Iraq, which accounted for 93.4% of total flows.

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

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

Exports in value, K $ US

The data indicates irregular changes, reflecting a volatile market environment. Exports hit their lowest point in 2017 and peaked in 2019, showing a 49-fold amplitude. In 2020, deliveries of dried shelled broad and horse beans from Iran totaled 11 thousand US dollars, which is 96.5% less than the previous year. The maximum value was recorded in 2019 at 307 thousand US dollars, while the largest increase took place in 2018 with a rise of 1 566.1%.

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

Between 2017 and 2020, Iraq was the dominant buyer of dried shelled broad and horse beans from Iran in value terms, accounting for 89.6% of total exports, with other countries sharing the remaining volume.

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

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

Imports dried shelled broad and horse beans to Iran

Imports in kind, t

In 2020, Iran's cross-border shipments of dried shelled broad and horse beans amounted to 1 261 tonnes, a 5.8% decrease compared to the previous year. Over the 2017-2020 period, imports fell by 8.4%, equating to an annualized rate of 2.9%.

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

From 2017 to 2020, the United Arab Emirates and Australia were the dominant destinations for imports in kind, jointly accounting for 91.2% of total flows, with the remaining share distributed among other markets.

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

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

Imports in value, K $ US

In 2020, Iran's imports of dried shelled broad and horse beans stood at 1 139 thousand US dollars, showing minimal change year-over-year. Over the 2017-2020 period, imports increased by 32.3%, with a compound annual growth rate of 9.8%.

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

Between 2017 and 2020, the United Arab Emirates remained the dominant direction for imports in value terms, holding a 73.5% share of total flows, while the remainder was fragmented across other markets.

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

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