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The United States remained by far the priciest Lima Beans market tracked, rising just above 3.4% in Q2 2026 to near USD 3.05/KG from about USD 2.95/KG in Q1, and it was steady retail and processing demand that kept the market elevated. The global average climbed from close to USD 1.94/KG to near USD 2.00/KG, a gain of roughly 3.1%. As we can see, Mexico and India are moving in sharply opposite directions this year, with Mexican export pricing up more than half from a year earlier on surging demand while Indian pricing has fallen by a comparable margin on softer export interest, and the global average is likely to run in the USD 1.95 to 2.20/KG range through the second half of the year.
Lima Beans, botanically Phaseolus lunatus, are a legume grown across humid, sub-humid, and semi-arid tropical climates as well as warm temperate regions, valued for their dietary fiber, protein content, and creamy texture. They are used fresh, dried, canned, and increasingly as an ingredient in plant-based protein blends and meat-alternative products, reflecting growing consumer interest in vegetarian and flexitarian diets. Major producing and exporting regions include the United States, Mexico, Spain, Peru, and India, each with distinct growing seasons and export market positioning. Because demand growth tied to the plant-based protein trend has not been uniform across origins, shifting export demand patterns between supplying countries, alongside typical seasonal growing conditions, are what really move the price from quarter to quarter.
The divergence between surging Mexican export demand and softening Indian export demand shows no clear sign of converging, which points toward continued regional divergence through H2 2026. Steady growth in plant-based protein demand should keep supporting the broader market regardless of which origins capture that growth.
A further surge in demand for Mexican-origin lima beans, or a supply constraint emerging there, could be what pushes prices in that market above this forecast. A recovery in Indian export demand, or a moderation in Mexican demand growth, could be what narrows the gap between the two markets instead.
| Region | 2026 Price Range (USD/KG) | Outlook |
| Global Average | 1.95 - 2.20 | Diverging Mexican and Indian export trends shape the average |
| United States | 3.00 - 3.30 | Steady demand from plant-based protein trend |
| Mexico | 1.60 - 1.85 | Surging export demand sustains sharp gains |
| Spain | 2.30 - 2.55 | Steady domestic and re-export demand |
| India | 0.80 - 0.95 | Softening export demand keeps pressure on pricing |
The United States stayed the priciest market by a wide margin, with the price moving from about USD 2.95/KG to near USD 3.05/KG, a gain of just above 3.4%. It was steady retail and processing demand, together with typical seasonal supply conditions, that carried the increase.
Why did the price of Lima Beans change in Q2 2026 in United States?
Growing health consciousness among consumers, particularly the shift toward plant-based diets, has kept demand for lima beans on a steady upward trajectory in the United States, and it is this demand growth, meeting typical seasonal supply, that has kept pricing on its gradual upward path.
The Mexican price moved from about USD 1.58/KG to near USD 1.68/KG, a gain of just above 6.3%, extending a dramatic run that has left Mexican pricing up more than half from a year earlier. It was surging export demand, together with strong buyer interest from processors and manufacturers, that carried the increase.
Why did the price of Lima Beans change in Q2 2026 in Mexico?
Mexican lima bean pricing has posted one of the sharpest annual gains among any origin tracked in this series, and it is this surging export demand, likely tied to Mexico's growing role supplying processors and plant-based protein manufacturers, that appears to explain the sustained strength through this quarter.
The Spanish price moved from about USD 2.29/KG to near USD 2.38/KG, a gain of just above 3.9%. It was steady demand from domestic and export markets, together with typical seasonal supply conditions, that carried the increase.
Why did the price of Lima Beans change in Q2 2026 in Spain?
Spain's position as a European hub for legume trade has kept demand steady across both domestic consumption and re-export channels, and it is this consistent demand, combined with typical seasonal supply, that has kept Spanish pricing on a gradual upward path.
The Indian price eased from about USD 0.95/KG to near USD 0.88/KG, a decline of just above 7.4%, continuing a pullback that has left Indian export pricing down meaningfully from a year earlier. It was softer export demand, together with ample domestic supply, that gave the market room to ease.
Why did the price of Lima Beans change in Q2 2026 in India?
Indian lima bean export pricing has posted one of the sharpest annual declines among the origins tracked here, and it is this softening export demand, contrasting with the surging demand seen in Mexico, that appears to explain the continued Indian pullback this quarter.
The price reached close to USD 2.95/KG in Q1 2026, a rise of just above 3.5% from Q4 2025. It was steady demand from retail and food processing buyers, together with typical seasonal supply conditions, that pushed the market higher.
Why did the price of Lima Beans change in Q1 2026 in United States?
Demand from retail and food processing buyers held its usual steady pace entering the year, and it was this demand, meeting typical seasonal supply patterns, that drove the United States increase.
The price reached close to USD 1.58/KG in Q1 2026, a rise of just above 9.0% from Q4 2025. It was strong export demand, together with tightening available supply, that pushed the market higher.
Why did the price of Lima Beans change in Q1 2026 in Mexico?
Export demand for Mexican lima beans has grown substantially, and it was this demand, meeting supply that has not kept pace with the same speed, that drove the sharp Mexican increase entering the year.
The price reached close to USD 2.29/KG in Q1 2026, a rise of just above 6.5% from Q4 2025. It was steady demand from domestic and export buyers, together with typical seasonal supply conditions, that pushed the market higher.
Why did the price of Lima Beans change in Q1 2026 in Spain?
Domestic and export demand held its usual steady pace entering the year, and it was this demand, meeting typical seasonal supply patterns, that drove the Spanish increase.
The price eased to close to USD 0.95/KG in Q1 2026, a decline of just above 9.5% from Q4 2025. It was softening export demand, together with ample domestic supply, that pressured the market lower.
Why did the price of Lima Beans change in Q1 2026 in India?
Export demand for Indian lima beans softened noticeably entering the year, and it was this weaker demand, meeting ample domestic supply, that drove the sharp Indian decline.
This market climbed steadily across every quarter tracked here. Close to USD 1.74/KG in Q1 2025 rose to about USD 1.82/KG, near USD 1.90/KG, and close to USD 1.88/KG by Q4, before continuing to about USD 1.94/KG in Q1 2026 and near USD 2.00/KG in Q2. That is a rise of roughly 14.9% across the window, though this global figure masks sharply diverging regional trends underneath.
| Quarter | Price (USD/KG) | QoQ Change | Direction |
| Q2 2026 | 2.00 | +3.1% | ↑ Rising |
| Q1 2026 | 1.94 | +3.2% | ↑ Rising |
| Q4 2025 | 1.88 | -1.1% | ↓ Falling |
| Q3 2025 | 1.90 | +4.4% | ↑ Rising |
| Q2 2025 | 1.82 | - | - Stable |
| Q3 2026 | In Progress | - | - In Progress |
It was steady demand from the United States and Spain, combined with a dramatic surge in Mexican export demand, that drove most of the 2025 climb, even as Indian export demand softened meaningfully over the same period. The global average opened near USD 1.74/KG in Q1 and climbed to close to USD 1.88/KG by Q4, a rise of just above 8.0% for the year, masking the sharp divergence building underneath between Mexico and India specifically.
The United States price climbed from about USD 2.65/KG in Q1 2025 to near USD 2.85/KG by Q4, a rise of just above 7.5% for the year. It was steady demand growth tied to the broader plant-based protein trend, which has boosted lima beans alongside other legumes as consumers seek meat alternatives, that drove the gradual climb through 2025.
The Mexican price climbed from about USD 1.05/KG in Q1 2025 to near USD 1.45/KG by Q4, a rise of just above 38.1% for the year, by far the sharpest annual gain among the four markets tracked. It was rapidly growing export demand, outpacing the market's ability to expand supply just as quickly, that drove this dramatic climb through 2025.
The Spanish price climbed from about USD 2.00/KG in Q1 2025 to near USD 2.15/KG by Q4, a rise of just above 7.5% for the year. It was steady demand from domestic consumption and re-export channels that drove the gradual climb through 2025.
The Indian price eased from about USD 1.25/KG in Q1 2025 to near USD 1.05/KG by Q4, a decline of just above 16.0% for the year, the sharpest annual decline among the four markets tracked. It was softening export demand, even as domestic supply stayed ample, that drove this consistent decline through 2025, a pattern that continued into early 2026.
Expert Market Research: Your Source for Real-Time Lima Beans Price Intelligence
The Lima Beans market has split sharply by origin this year, so Expert Market Research tracks export demand patterns closely across each major supplying country alongside typical seasonal growing conditions and the broader plant-based protein demand trend across the four markets covered here. This is combined with trade flow data to build the forecasts. For Lima Beans pricing data, custom analysis, or procurement strategy support, the team is glad to help.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Fresh, dried, and canned consumption takes the largest share of demand, alongside a fast-growing use as an ingredient in plant-based protein blends and meat-alternative products.
As of Q2 2026, the United States averages near USD 3.05/KG, Mexico about USD 1.68/KG, Spain close to USD 2.38/KG, and India roughly USD 0.88/KG. The United States remains by far the priciest of the four markets tracked.
The global average climbed from close to USD 1.88/KG in Q4 2025 up to about USD 1.94/KG in Q1 2026, then near USD 2.00/KG in Q2, a gain of just above 3.1%, though Mexico and India moved in opposite directions underneath that average.
Mexican export demand has grown rapidly, likely tied to its expanding role supplying processors and plant-based protein manufacturers, pushing prices up more than half over the past year. Indian export demand has softened over the same period even as domestic supply has stayed ample, pulling prices down by a comparable margin.
The global average is likely to run in the USD 1.95 to 2.20/KG range, with the diverging trends between surging Mexican demand and softening Indian demand continuing to shape the average through the back half of the year.
The United States carries by far the highest cost. Spain sits in the upper-middle range, Mexico in the lower-middle range despite its recent surge, and India prices lowest following its sustained export demand decline.
This data is refreshed on a monthly basis, with real-time figures available directly from the team.
Export demand patterns, which have diverged sharply between supplying countries this year, sit at the core. Typical seasonal growing conditions and the broader plant-based protein demand trend add further influence.
The United States, Mexico, Spain, Peru, and India represent major producing and exporting regions, each with distinct growing seasons and export market positioning that has led to sharply different price trajectories this year.
Export demand trends by origin are usually the earliest signal worth tracking, given how sharply different markets have diverged this year. Watching plant-based protein sector demand growth also helps anticipate which origins are likely to see the strongest pull.
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