Australia and Oceania: Green Bean Market 2024

Green Bean Market Size in Australia and Oceania

The green bean market in Australia and Oceania was estimated at $X in 2023, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Green Bean Production in Australia and Oceania

In value terms, green bean production rose markedly to $X in 2023 estimated in export price. The total production indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Australia (X tons) constituted the country with the largest volume of green bean production, accounting for X% of total volume. Moreover, green bean production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), fourfold.

In Australia, green bean production expanded at an average annual rate of X% over the period from 2012-2023.

The average green bean yield dropped to X tons per ha in 2023, which is down by X% on 2022 figures. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the yield increased by X%. The level of yield peaked at X tons per ha in 2018; however, from 2019 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The green bean harvested area amounted to X ha in 2023, growing by X% against 2022 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2022 to 2023, the growth of the green bean harvested area remained at a somewhat lower figure.

Green Bean Exports

Exports in Australia and Oceania

In 2023, the amount of green beans exported in Australia and Oceania skyrocketed to X tons, with an increase of X% on the year before. Total exports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, green bean exports soared to $X in 2023. Total exports indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2019 indices. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Australia (X tons) was the main exporter of green beans in Australia and Oceania, generating X% of total export.

Australia was also the fastest-growing in terms of the green beans exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest green bean supplier in Australia and Oceania.

In Australia, green bean exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price continues to indicate a slight contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2022, and then shrank rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2023, the rate of growth in terms of prices for Australia amounted to X% per year.

Green Bean Imports

Imports in Australia and Oceania

In 2023, green bean imports in Australia and Oceania skyrocketed to X tons, increasing by X% on the previous year's figure. In general, imports, however, recorded a slight decline. The volume of import peaked at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.

In value terms, green bean imports surged to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

New Zealand dominates imports structure, resulting at X tons, which was near X% of total imports in 2023. It was distantly followed by Australia (X tons), making up a X% share of total imports.

New Zealand was also the fastest-growing in terms of the green beans imports, with a CAGR of X% from 2012 to 2023. Australia (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) constitutes the largest market for imported green beans in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in New Zealand totaled X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2023, picking up by X% against the previous year. Import price indicated a tangible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, green bean import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform