Root and Tuber Market
Root and tuber market: find recently published info secured by an Ai-driven BI platform. Info contain market size, production, trade, imports, consumption, market prices, exports, and companies. Here is a breakdown by country, including Latin America, Africa, the U.K., China, EU, Russia, the U.S., and the Middle East. Market trends and outlook to 2030 are also featured in the snapshots.
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Root and Tuber - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Nigeria |
3 | Democratic Republic of the Congo |
4 | Thailand |
5 | Ghana |
In value terms, the largest root and tuber markets worldwide were China, Nigeria and Democratic Republic of the Congo, together accounting for 37% of the global market. Thailand, Ghana, India, Brazil, the United States, Malawi, Indonesia, Cote d'Ivoire, Ukraine and Russia lagged somewhat behind, together accounting for a further 24%.
In terms of the main consuming countries, Cote d'Ivoire recorded the highest growth rate of market size, over the period under review, while root and tuber market for the other global leaders experienced more modest paces of growth.
Root and Tuber Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Kazakhstan | 116 | 86 | 85 | -14.4% |
Russia | 122 | 111 | 119 | -1.2% |
Germany | 206 | 240 | 195 | -2.7% |
Belgium | 338 | 314 | 221 | -19.1% |
France | 305 | 301 | 294 | -1.8% |
Egypt | 381 | 405 | 444 | 8.0% |
Netherlands | 482 | 481 | 453 | -3.1% |
Spain | 474 | 644 | 517 | 4.4% |
United Kingdom | 561 | 551 | 529 | -2.9% |
Canada | 479 | 517 | 557 | 7.8% |
United States | 611 | 568 | 590 | -1.7% |
China | 597 | 870 | 851 | 19.4% |
Thailand | 893 | 988 | 994 | 5.5% |
Average | 417 | 421 | 424 | 0.9% |
Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($994 per ton), while Kazakhstan ($85 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
United States | 652 | 719 | 747 | 7.0% |
United Kingdom | 643 | 699 | 694 | 3.9% |
Germany | 456 | 528 | 445 | -1.2% |
France | 538 | 547 | 440 | -9.6% |
Spain | 449 | 417 | 369 | -9.3% |
Italy | 305 | 407 | 350 | 7.1% |
Netherlands | 252 | 250 | 288 | 6.9% |
Portugal | 279 | 327 | 270 | -1.6% |
Belgium | 218 | 249 | 213 | -1.2% |
China | 236 | 227 | 205 | -6.8% |
Thailand | 814 | 330 | 153 | -56.6% |
Average | 340 | 371 | 313 | -4.2% |
Prices varied noticeably by the country of destination; the country with the highest price was the United States ($747 per ton), while Thailand ($153 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.
Root and Tuber - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 1.1 | 0.6 | 1.1 | -2.5% |
Belgium | 0.6 | 0.7 | 0.6 | 7.3% |
United States | 0.5 | 0.5 | 0.6 | 8.9% |
Netherlands | 0.5 | 0.5 | 0.5 | 4.1% |
Thailand | 0.3 | 0.3 | 0.5 | 22.4% |
In value terms, China ($1.1B), Belgium ($649M) and the United States ($563M) were the countries with the highest levels of imports in 2020, together accounting for 30% of global imports. The Netherlands, Thailand, Spain, Germany, the UK, Italy, France and Portugal lagged somewhat behind, together comprising a further 33%.
In terms of the main importing countries, Thailand recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Root and Tuber - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Netherlands | 0.9 | 1.1 | 1 | 5.0% |
Thailand | 0.9 | 0.5 | 0.7 | -12.0% |
France | 0.8 | 1 | 0.7 | -8.0% |
China | 0.3 | 0.6 | 0.6 | 40.9% |
United States | 0.5 | 0.5 | 0.5 | -2.2% |
In value terms, the largest root and tuber supplying countries worldwide were the Netherlands ($1B), Thailand ($697M) and France ($695M), together comprising 34% of global exports. These countries were followed by China, the United States, Germany, Canada, Egypt, Belgium, Spain, the UK, Russia and Kazakhstan, which together accounted for a further 39%.
Among the main exporting countries, Russia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Root and Tuber - Market Forecast
Driven by increasing demand for root and tuber worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Root and Tuber - Top Companies
The Climate Corporation International SA, Guangxi Nanning Lvhan Agriculture Co.,Ltd., GLENCORE LAND (AUSTRALIA) PTY LTD, Hainan Huanhaicheng Trading Co., Ltd., Zhongxian Fengfu Agriculture Development Co., Ltd., Mengjin County Golden Tianye Family Farm, McCain Foods Group Inc, CRUSTA FRUIT JUICES PROPRIETARY LIMITED, Shandong Binzhou Yanlaihong High Tech. Park Co.,Ltd., Yucheng County Zhongken Agriculture Development Co., Ltd., Luohe Jintudi Agriculture Development Co., Ltd., McCain Foods Limited, Qinghai Liansheng Grassland Ecology Development Co., Ltd., Clay Farms, ALLANASONS PRIVATE LIMITED, CORPORACION ALIMENTARIA GUISSONA, SOCIEDAD ANONIMA, Xiaoyi Lvmuchang Agriculture & Animal Husbandry Co., Ltd., Lamb Weston Inc, Zunyi Yumiao Eco-agriculture Co., Ltd., McCain Usa, Inc.
Root and Tuber - Product Coverage
- HS 0701 - Potatoes; fresh or chilled
- HS 071410 - Vegetable roots and tubers; manioc (cassava), with high starch or inulin content, whether or not sliced or in the form of pellets, fresh or dried
- HS 071420 - Vegetable roots and tubers; sweet potatoes, with high starch or inulin content, whether or not sliced or in the form of pellets, fresh or dried
- HS 071430 - Vegetable roots and tubers; yams (Dioscorea spp.) with high starch or inulin content, fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets
- HS 071440 - Vegetable roots and tubers; taro (Colocasia spp.) with high starch or inulin content, fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets
- HS 071450 - Vegetable roots and tubers; yautia (Xanthosoma spp.) with high starch or inulin content, fresh, chilled, frozen or dried, whether or not sliced or in the form of pellets
- HS 071490 - Vegetable roots and tubers; arrowroot, salep, Jerusalem artichokes and similar roots and tubers, high starch or inulin content, whether or not sliced or in the form of pellets, fresh or dried; sago pith
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