Leguminous vegetables market in Americas

Earlier Report Observations

Between 2018 and 2021, the physical volume of the fresh leguminous vegetables market in the Americas gradually contracted from 1 959 thousand tons to 1 861 thousand tons. Over the same period, the market's value displayed a different trajectory, rising from $3 443 million to a peak of $3 719 million in 2020 before easing to $3 564 million in 2021, indicating a trend of increasing average prices or a shift in product mix.

The market volume experienced a modest rebound to 1 873 thousand tons in 2022, while its value stabilized at $3 571 million. This period coincided with two key developments: a rise in consumer health consciousness and preference for plant-based diets in the U.S., which supported demand, and increased production costs due to the Russia-Ukraine war's impact on fertilizer and energy prices, which placed upward pressure on retail prices.

In 2023, the market volume declined to 1 807 thousand tons, yet the total market value surged significantly to $4 016 million. This divergence underscores a continued increase in unit prices or a further compositional shift within the market toward higher-value products.

Production leguminous vegetables in Americas

In kind, 2017-2020, K t

Top producers of leguminous vegetables, 2017-2020

World map of production of leguminous vegetables, 2017-2020

In 2020, the Americas produced 2 028 K t of leguminous vegetables, showing virtually no change from the previous year. Compared to 2019, production remained stable. Over the period from 2017 to 2020, production decreased by 4.1%, which translates to an annualized decline of 1.4%. The lowest production level was recorded in 2019 at 2 027 K t, while the highest was in 2018 at 2 122 K t. The most significant drop occurred in 2019 with a 4.5% decrease, whereas the largest increase was in 2018 with a 0.4% rise.

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

In value, 2017-2020, M $ US

Leguminous vegetables production in the Americas increased for the third consecutive year. In 2020, the output was valued at 3 912 M $ US, marking a 4.3% increase over the previous year. From 2017 to 2020, production grew by 26.3%, equivalent to an annualized rate of 8.1%.

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

Exports leguminous vegetables from Americas

Exports in kind, K t

After a two-year decline, cross-border shipments of leguminous vegetables from the Americas increased. In 2020, the Americas exported 171.2 K t, reflecting a gradual advance of 5.5% compared to 2019. The lowest export volume was recorded in 2019 at 162.2 K t, with the largest decline that year at 4.0%.

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

From 2017 to 2020, the United Kingdom (accounting for 7.0% of exports in kind), the Netherlands (4.5%), and Japan (0.8%) played leading roles in the exports of leguminous vegetables from the Americas. Together, they represented 12.3% of total export flows.

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

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

Exports in value, M $ US

Leguminous vegetables exports from the Americas increased for the third consecutive year. In 2020, the export volume totaled 330.1 M $ US, up by 10.0% compared to 2019. Between 2017 and 2020, exports grew by 30.3%, equating to an annualized rate of 9.2%.

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

During 2017–2020, the United Kingdom (10.1% of exports in value terms), the Netherlands (6.5%), and Japan (0.9%) were the main markets for leguminous vegetables exports from the Americas in value terms. Collectively, they accounted for 17.5% of total export flows.

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

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

Imports leguminous vegetables to Americas

Imports in kind, K t

The market exhibited an unstable trend throughout the timeframe. The period saw a peak in 2017 and a trough in 2018, with a 55-fold variation between these years. In 2020, leguminous vegetables shipments to the Americas from abroad tallied 9.0 K t, up by 10.6% compared to 2019. The minimum value was recorded in 2018 at 5.7 K t. The largest decline occurred in 2018 with a 98.2% drop, while the largest increase was in 2019 with a 42.7% rise.

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

Over 2017–2020, China consistently occupied the leading position in imports in kind of leguminous vegetables to the Americas, taking 4.0% of total flows.

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

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

Imports in value, M $ US

Leguminous vegetables imports to the Americas increased for the third consecutive year. In 2020, imports reached 137.8 M $ US, constituting a slight uptick of 2.4% compared to 2019. Between 2017 and 2020, imports increased by 7%, equating to an annualized rate of 2.3%.

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

In 2017–2020, China remained the key supplier of leguminous vegetables to the Americas, accounting for 5.5% of total imports in value terms.

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

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