India - Taro - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTaro (Cocoyam) Price in India - 2023
Contents:
- Taro (Cocoyam) Price in India (FOB) - 2022
- Taro (Cocoyam) Price in India (CIF) - 2022
- Taro (Cocoyam) Exports in India
- Taro (Cocoyam) Imports in India
Taro (Cocoyam) Price in India (FOB) - 2022
The average taro (cocoyam) export price stood at $725 per ton in 2022, growing by 11% against the previous year. Over the period from 2014 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 77%. As a result, the export price attained the peak level of $936 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,048 per ton), while the average price for exports to Bhutan ($433 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Taro (Cocoyam) Price in India (CIF) - 2022
The average taro (cocoyam) import price stood at $6,762 per ton in 2022, approximately mirroring the previous year. Overall, the import price showed a resilient increase. The growth pace was the most rapid in 2019 when the average import price decreased by -31.5% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).
From 2018 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +11.3% per year.
Taro (Cocoyam) Exports in India
In 2022, shipments abroad of taro decreased by -3.5% to 167 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,491%.
In value terms, taro (cocoyam) exports rose notably to $121K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,376% against the previous year. Over the period under review, the (cocoyam) exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Taro (Cocoyam) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 1.1 | 3.1 | 68.9 | 691.4% |
| United Kingdom | N/A | 3.3 | 1.4 | 23.7 | 168.0% |
| Kuwait | 3.8 | 51.8 | 75.1 | 8.3 | 29.7% |
| Qatar | N/A | N/A | N/A | 6.6 | 0% |
| United States | 0.6 | 3.5 | 2.4 | 3.3 | 76.5% |
| Bhutan | N/A | N/A | N/A | 1.9 | 0% |
| Others | 2.4 | 40.1 | 31.0 | 8.6 | 53.0% |
| Total | 6.8 | 99.8 | 113 | 121 | 161.1% |
Top Export Markets for Taro (Cocoyam) from India in 2022:
- United Arab Emirates (101.8 tons)
- United Kingdom (22.6 tons)
- Kuwait (15.7 tons)
- Qatar (10.0 tons)
- United States (4.7 tons)
- Bhutan (4.4 tons)
Taro (Cocoyam) Imports in India
In 2022, after two years of decline, there was decline in supplies from abroad of taro, when their volume decreased by 0% to 252 kg. In general, imports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, (cocoyam) imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, taro (cocoyam) imports amounted to $1.7K in 2022. Over the period under review, imports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Taro (Cocoyam) in India (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 7.0 | N/A | N/A | 1,704 | 524.4% |
| Others | 298 | N/A | N/A | N/A | 0% |
| Total | 305 | N/A | N/A | 1,704 | 77.4% |
Top Suppliers of Taro (Cocoyam) to India in 2022:
- Taiwan (Chinese) (252.0 kg)
This report provides an in-depth analysis of the taro (cocoyam) market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 136 - Taro (Cocoyam)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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