Dry Bean Market in Portugal
In value terms, dry bean production fell to $ in estimated in export price. Over the period under review, production, however, showed a mild shrinkage. The growth pace was the most rapid in 2008 when the production volume increased by %. As a result, production reached the peak level of $. From 2009 to , production growth failed to regain momentum.
The average yield of beans (dry) in Portugal declined modestly to kg per ha in , approximately equating the year before. The yield figure increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. Over the period under review, the average dry bean yield hit record highs at kg per ha in , and then dropped slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , the harvested area of beans (dry) in Portugal rose to ha, surging by % on figures. Overall, the harvested area, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2017 with an increase of %. The dry bean harvested area peaked at ha in 2007; however, from 2008 to , the harvested area failed to regain momentum.
The revenue of the dry bean market in Portugal was estimated at $ in , almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.