Fava Beans Prices in Australia
| Variety | Market level | Price (US$/kg) | Local (AUD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Export (unit value) | 0.45 | 0.68 | ▲ 4.1% | ▲ 4.1% | UN Comtrade (unit value) |
As of January 2025, the fava beans price in Australia is US$ 0.45 per kg (0.68 AUD), up 4.1% year-on-year.
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Fava Beans Price History & Trend
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Production, Exports, Imports & HS Codes — fava beans in Australia
Exports UN Comtrade · 2024
In 2024, Australia exported $285.5M (658 kt) of fava beans▲ 35.5% YoY. That ranks #1 worldwide (47.3% of global exports).
Export value by year (US$)
Export volume by year
Top fava beans exporters worldwide UN Comtrade · 2024
- #1 Australia $285.5M · 47.3%
- #2 Egypt $47.8M · 7.9%
- #3 Lithuania $47.2M · 7.8%
- #4 Latvia $40.9M · 6.8%
- #5 United Kingdom (UK) $32M · 5.3%
Annual export data Australia · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $285.5M | 658 kt | $0.43 |
| 2023 | $210.7M | 557.6 kt | $0.38 |
| 2022 | $248.8M | 577.6 kt | $0.43 |
| 2021 | $197.3M | 545.5 kt | $0.36 |
| 2020 | $203.6M | 427.8 kt | $0.48 |
Production FAOSTAT · 2024
Australia produced 640.4 kt of fava beans in 2024▼ 12.3% YoY. It ranks #4 among producing countries (8.5% of world output).
Production by year (tonnes)
HS Code
fava beans is traded under Harmonized System code 0713.50. Trade figures above are compiled for this HS heading.
Sources: trade & HS — UN Comtrade; production — FAOSTAT (FAO). Values are official reported figures.