What is the price of beans per kilogram/pound in Cyprus today?
The retail price range for Cyprus beans is between US$ 3.08 and US$ 9.25 per kilogram or between US$ 1.40 and US$ 4.19 per pound(lb). Click here to see today's exact prices of beans in Cyprus
The retail price range in Euro for beans is between EUR 2.85 and EUR 8.55 per kilogram or between EUR 1.29 and EUR 3.88 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus beans is between US$ 2.16 and US$ 6.47 per kilogram or between US$ 0.98 and US$ 2.94 per pound(lb).
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Cyprus Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beans from Cyprus over the last five years has been quite varied. In 2017, the price was 2.45 US dollars per kg, followed by a slight increase to 2.83 US dollars per kg in 2016. In 2015, the price dropped to 2.45 US dollars per kg, before rising to 3.09 US dollars per kg in 2014. The price then dropped to 1.79 US dollars per kg in 2013, before reaching its highest point of 5.00 US dollars per kg in 2020. The most recent price in 2021 was 3.12 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Beans from Cyprus in 2023 will be around 3.22 US dollars per kg, and in 2024 will be around 3.32 US dollars per kg.The Cyprus beans exports are categorised as:
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
Cyprus Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beans into Cyprus over the last five years has been quite varied. In 2016, the price was 2.83 US dollars per kg, followed by a decrease to 2.45 US dollars per kg in 2017. In 2018, the price increased to 2.95 US dollars per kg, before dropping to 1.43 US dollars per kg in 2019. In 2020, the price rose again to 5.00 US dollars per kg, before decreasing to 3.12 US dollars per kg in 2021 and 3.22 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Beans into Cyprus in 2023 will be around 3.32 US dollars per kg, and in 2024 it will be around 3.42 US dollars per kg.Export values for Cyprus beans
The total values in export for beans in Cyprus were US$ 2,754, US$ 9,720, US$ 5,022 and US$ 8,667 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Pulses/Legumes category in Cyprus: Peas, Chickpeas, Red (Adzuki) Beans, Kidney Beans, Bambara beans, Cow Peas (Black Eyed Peas), Lentils, Pigeon Peas, Locust Beans & Black beans.
See prices of beans in other countries across Middle East: Bahrain beans, Cyprus beans, Iraq beans, Israel beans, Jordan beans, Kuwait beans, Lebanon beans, Palestine beans, Oman beans & Qatar beans.
Cyprus beans - Production, Exports, Imports, Seasons and HS Codes
The amount of beans shipped by Cyprus in 2020 was 324 metric tonnes. In 2019 Cyprus shipped 6,075 tonnes of beans. Across 2019 alone, the demand for Cyprus beans (pulses/legumes category) has gone up, recording a change of 257.143 % compared to the year 2018. Between 2017 and 2019, beans' exports increased by 53.06 percent bringing the nation US$8.67m for the year 2019. Cyprus' beans exports are classified as:
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
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Cyprus beans export values
In 2019, Cyprus exported beans valued at 8.67m USD, an improvement of 72.64% from 2018's total beans export of 5.022m USD. The annual change in value of Cyprus beans between 2017 to 2018 was -48.333 per cent.
The annual/yearly change in the amount of Cyprus' beans exports between 2017 and 2019 was 53.06% in comparison to a variation of 257.143% in the period between 2018 and 2019.
Export markets for Cyprus beans ( in '000$ )
Cyprus' leading destinations for beans are Greece, United Kingdom (UK), Egypt, Norway and France.
Cyprus bought 179,577 tonnes of beans in 2019.
Production
The production of beans in Cyprus was 264,600 tonnes in 2019 and is forecast to change by an average of -15.15%. The country had an estimated 20,790.00 hectares under beans cultivation.