Bambara Bean Market in Japan
Market Overview
After two years of growth, the Japanese bambara bean market decreased by -
% to $ in . Overall, consumption showed a pronounced descent. As a result, consumption reached the peak level of $. From 2016 to , the growth of the market failed to regain momentum.
In value terms, bambara bean production shrank modestly to $ in estimated in export price. Over the period under review, production recorded a pronounced slump. The pace of growth was the most pronounced in 2017 with an increase of % against the previous year. Bambara bean production peaked at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.
The average yield of bambara beans in Japan was estimated at less than kg per ha in , remaining relatively unchanged against the previous year's figure. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In, the total area harvested in terms of bambara beans production in Japan amounted to less than ha, leveling off at the year before. Overall, the harvested area showed a relatively flat trend pattern.
% to $ in . Overall, consumption showed a pronounced descent. As a result, consumption reached the peak level of $. From 2016 to , the growth of the market failed to regain momentum.In value terms, bambara bean production shrank modestly to $
in estimated in export price. Over the period under review, production recorded a pronounced slump. The pace of growth was the most pronounced in 2017 with an increase of % against the previous year. Bambara bean production peaked at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.The average yield of bambara beans in Japan was estimated at less than
kg per ha in , remaining relatively unchanged against the previous year's figure. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.In
, the total area harvested in terms of bambara beans production in Japan amounted to less than ha, leveling off at the year before. Overall, the harvested area showed a relatively flat trend pattern.Consumption
In , after two years of growth, there was decline in consumption of bambara beans, when its volume decreased by -% to tons. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak volume of tons. From 2016 to , the growth of the consumption remained at a somewhat lower figure.
The value of the bambara bean market in Japan reduced to $ in , leveling off at 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). Overall, consumption showed a perceptible descent. As a result, consumption reached the peak level of $. From 2016 to , the growth of the market remained at a lower figure.
, after two years of growth, there was decline in consumption of bambara beans, when its volume decreased by -% to tons. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak volume of tons. From 2016 to , the growth of the consumption remained at a somewhat lower figure.The value of the bambara bean market in Japan reduced to $
in , leveling off at 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). Overall, consumption showed a perceptible descent. As a result, consumption reached the peak level of $. From 2016 to , the growth of the market remained at a lower figure.Market Forecast
Depressed by shrinking demand for bambara bean in Japan, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to kg by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to kg by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, the share of imports in terms of total bambara bean consumption in Japan was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Japan bambara bean market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the Japan bambara bean market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Japan remains a net exporter of bambara bean; in physical and value terms, exports consistently exceeded imports from 2015 to 2019. In 2019, there was a significant trade surplus of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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