Vegetable preparations: beans, (not shelled), prepared or preserved otherwise than by vinegar or acetic acid, not frozen

In 2024, vegetable preparations: beans, (not shelled), prepared or preserved otherwise than by vinegar or acetic acid, not frozen trade exhibited slight decline, with global flows reaching $398,681,535 and a three-year compound annual growth rate of +0.5% (five-year: +2.6%). The all-time peak of $400,886,850 was recorded in 2023; the current level is 1% 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 steady (-0.3% acceleration).

The World Trade Flows Characterization classifies vegetable preparations: beans, (not shelled), prepared or preserved otherwise than by vinegar or acetic acid, not frozen as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.072). The three largest exporters — Italy ($71.7M), Netherlands ($36.9M), and Kenya ($35.0M) — collectively dominate supply flows. The leading exporter has grown at -0.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.089). The three largest import markets are France ($89.7M), Germany ($50.4M), and United States ($34.0M). The largest importing market sources from 46 different supplying countries.

Estimated substitution elasticity: -4.78. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Madagascar → France at $31.9M, representing 35.6% of the importer's total demand.

The volatility score for vegetable preparations: beans, (not shelled), prepared or preserved otherwise than by vinegar or acetic acid, not frozen is 1 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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