Locust beans (carob): fit for human consumption, fresh, chilled, frozen or dried, whether or not ground

In 2024, locust beans (carob): fit for human consumption, fresh, chilled, frozen or dried, whether or not ground trade exhibited strong growth, with global flows reaching $51,617,551 and a three-year compound annual growth rate of -6.3% (five-year: +8.2%). The all-time peak of $118,001,581 was recorded in 2005; the current level is 56% below that high-water mark.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-12.7% acceleration).

The World Trade Flows Characterization classifies locust beans (carob): fit for human consumption, fresh, chilled, frozen or dried, whether or not ground as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.200). The three largest exporters — Morocco ($21.2M), Spain ($9.6M), and Algeria ($6.0M) — collectively dominate supply flows. The leading exporter has grown at -12.3% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.119). The three largest import markets are Italy ($11.6M), Spain ($9.7M), and Morocco ($6.1M). The largest importing market sources from 18 different supplying countries.

The dominant trade corridor is Morocco → Italy at $9.1M, representing 78.2% of the importer's total demand.

The volatility score for locust beans (carob): fit for human consumption, fresh, chilled, frozen or dried, whether or not ground is 45 out of 100, classified as medium. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

For market entrants, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.