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Data Analysis

Dried Beans Shortage in Spain causing Exorbitant Prices

Dried Common Bean
Legumes
Dried Common Bean
Spain
Price Trend

Summary

The wholesale price of common bean in Spain escalated by +159.42% YoY to USD 6.18/kg in W4 Mar-22. Morocco is the major exporter to Spain experienced a drought that delayed production. The high demand for common beans in Morocco during the upcoming Ramadan led Morocco to reduce export to satisfy the domestic market first. Less supply in Spain for dried common bean led the price to increase in March 2022.
Mar 29, 2022
By Putri Aisyah
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