Dried shelled legumes market in Honduras

Earlier Report Observations

The Honduran dried shelled legumes market fluctuated between 268 and 279 thousand metric tons from 2018 to 2020, against a backdrop of an agricultural sector that contributes 12.9% to GDP and employs 35% of the workforce. Private and state-owned enterprises coordinated policies to modernize farming during this period.

Market volume began a steady climb from 2021, reaching 272.5 thousand metric tons that year as SENASA strengthened phytosanitary inspection and certification, enhancing product quality and market access. The focus on food security through dedicated institutional committees provided further support, helping push the market to 280.7 thousand metric tons in 2022.

A sharp expansion to 332.9 thousand metric tons occurred in 2023, driven by the launch of the State Policy for the Agri-Food Sector 2023-2043 which modernized production, offered subsidies, and provided technical assistance to grain producers. In 2024, new regulations such as the Responsible Labeling Law with Nutritional Warnings and the intervention of the Honduran Agricultural Marketing Institute to stabilize bean prices were introduced, alongside a national agricultural marketing strategy to improve market access.

Production dried shelled legumes in Honduras

In kind, 2017-2020, K t

Top producers of dried shelled legumes, 2017-2020

World map of production of dried shelled legumes, 2017-2020

Honduras's production of dried shelled legumes declined after two years of growth. In 2020, the country produced 255.5 K t, marking a 3.9% decrease from the previous year. Over the 2017-2020 period, production increased by 3.5%, with a compound annual growth rate of 1.2%. The highest production level was recorded in 2019 at 265.8 K t, which also saw the largest annual increase of 4.0%.

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

In value, 2017-2020, M $ US

Honduras's dried shelled legumes production value increased for the third consecutive year. In 2020, the output was valued at 299.9 M $ US, representing a 5.3% rise from the previous year. From 2017 to 2020, production value grew by 39.4%, with a compound annual growth rate of 11.7%.

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

Exports dried shelled legumes from Honduras

Exports in kind, t

Honduras's dried shelled legumes export volume declined for the third consecutive year. In 2020, exports amounted to 2 080 t, showing a significant reduction of 18.0% compared to 2019. Over the 2017-2020 period, exports decreased by 54.1%, with a compound annual decline rate of 22.9%.

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

From 2017 to 2020, the United States, El Salvador, and Costa Rica formed the main export markets for Honduras's dried shelled legumes in volume terms. The United States accounted for 40.7% of exports, El Salvador for 23.0%, and Costa Rica for 19.0%, collectively representing 82.7% of total export flows.

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

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

Exports in value, K $ US

Honduras's dried shelled legumes export value declined for the third consecutive year. In 2020, exports totaled 2 442 K $ US, indicating a solid drop of 10.2% from 2019. Over the 2017-2020 period, export value decreased by 38.2%, with a compound annual decline rate of 14.8%.

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

Throughout 2017-2020, the United States, Costa Rica, and El Salvador remained the primary markets for Honduras's dried shelled legumes exports in value terms. The United States held 52.0% of export value, Costa Rica 17.3%, and El Salvador 16.0%, together accounting for 85.2% of total export flows.

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

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

Imports dried shelled legumes to Honduras

Imports in kind, t

Honduras's dried shelled legumes import volume declined after two years of growth. In 2020, the country imported 14 694 t, reflecting a 5.5% decrease year-over-year. Over the 2017-2020 period, imports increased by 24.4%, with a compound annual growth rate of 7.5%. The highest import volume was recorded in 2019 at 15 545 t, while the largest annual increase occurred in 2018 at 31.1%.

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

From 2017 to 2020, Nicaragua remained the dominant and nearly sole source for Honduras's dried shelled legumes imports in volume terms, accounting for 93.6% of total imports.

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

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

Imports in value, K $ US

Honduras's dried shelled legumes import value declined for the second consecutive year. In 2020, imports were valued at 15 874 K $ US, showing a 5.9% drop from the previous year. Over the 2017-2020 period, import value increased by 32.1%, with a compound annual growth rate of 9.7%. The peak value was recorded in 2018 at 15 874 K $ US, which also saw the largest annual increase of 41.7%.

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

Throughout 2017-2020, Nicaragua almost entirely determined the geographical structure of Honduras's dried shelled legumes imports in value terms, holding a 92.4% share of total import flows.

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

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