Yams Market
Yams market: discover new statistics empowered by an Ai-driven BI platform. Data cover companies, exports, market size, market prices, imports, production, consumption, and trade. Here is a split by region, including Russia, Africa, Latin America, EU, the Middle East, China, the U.K., and the U.S. Market dynamics and forecast to 2030 are also provided in the reports.
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Yams - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Nigeria |
| 2 | Ghana |
| 3 | Cote d'Ivoire |
| 4 | Benin |
In value terms, Nigeria led the market, alone. The second position in the ranking was occupied by Ghana. It was followed by Cote d'Ivoire.
From 2018 to 2020, the average annual rate of growth in terms of value in Nigeria stood at -1.5%. The remaining consuming countries recorded the following average annual rates of market growth: Ghana (+3.0% per year) and Cote d'Ivoire (-11.2% per year).
Yams Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| India | 434 | 374 | 389 | -5.3% |
| Ghana | 896 | 1096 | 870 | -1.5% |
| Colombia | 947 | 1033 | 875 | -3.9% |
| Japan | 1048 | 953 | 1020 | -1.3% |
| Brazil | 1437 | 1110 | 1078 | -13.4% |
| Costa Rica | 1149 | 1076 | 1111 | -1.7% |
| United States | 1245 | 1394 | 1507 | 10.0% |
| China | 2071 | 1985 | 1985 | -2.1% |
| Jamaica | 2530 | 2147 | 2648 | 2.3% |
| Average | 1173 | 1221 | 1200 | 1.1% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Jamaica ($2,648 per ton), while India ($389 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Taiwan (Chinese) | 3336 | 3627 | 3290 | -0.7% |
| Canada | 1399 | 1545 | 1742 | 11.6% |
| United States | 1667 | 1618 | 1617 | -1.5% |
| Singapore | 1512 | 1421 | 1460 | -1.7% |
| Japan | 1157 | 1087 | 1266 | 4.6% |
| France | 1059 | 1181 | 1077 | 0.8% |
| Netherlands | 1001 | 968 | 994 | -0.4% |
| United Kingdom | 892 | 859 | 802 | -5.2% |
| Malaysia | 749 | 776 | 671 | -5.4% |
| Belgium | 786 | 817 | 662 | -8.2% |
| South Africa | 867 | 740 | 539 | -21.2% |
| United Arab Emirates | 361 | 356 | 364 | 0.4% |
| Average | 1339 | 1360 | 1306 | -1.3% |
Prices varied noticeably by the country of destination; the country with the highest price was Taiwan (Chinese) ($3,290 per ton), while the United Arab Emirates ($364 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.
Yams - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 79 | 79 | 86 | 4.3% |
| Canada | 24 | 30 | 35 | 21.2% |
| United Kingdom | 11 | 9.8 | 14 | 10.7% |
| Taiwan (Chinese) | 11 | 11 | 11 | 0.0% |
| Netherlands | 5 | 4.4 | 6.5 | 14.4% |
In value terms, the United States ($86M) constitutes the largest market for imported yams worldwide, comprising 44% of global imports. The second position in the ranking was occupied by Canada ($35M), with a 18% share of global imports. It was followed by the UK, with a 7.2% share.
In the United States, yams imports expanded at an average annual rate of +4.3% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+21.2% per year) and the UK (+10.7% per year).
Yams - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Jamaica | 29 | 30 | 38 | 13.9% |
| Ghana | 35 | 35 | 38 | 3.0% |
| United States | 17 | 23 | 27 | 26.4% |
| Japan | 20 | 21 | 20 | 0.7% |
| China | 16 | 17 | 18 | 3.7% |
In value terms, the largest yams supplying countries worldwide were Jamaica ($38M), Ghana ($38M) and the United States ($27M), together accounting for 54% of global exports.
The United States saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Yams - Market Forecast
Driven by rising demand for yams worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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.
Yams - Product Coverage
- 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
This report provides an in-depth analysis of the global yams market.
This report provides an in-depth analysis of the yams market in Africa.
This report provides an in-depth analysis of the yams market in Australia and Oceania.
This report provides an in-depth analysis of the yams market in Eastern Asia.
This report provides an in-depth analysis of the yams market in Central Asia.
This report provides an in-depth analysis of the yams market in the Middle East.
This report provides an in-depth analysis of the yams market in Northern America.
This report provides an in-depth analysis of the yams market in Latin America and the Caribbean.
This report provides an in-depth analysis of the yams market in Southern Asia.
This report provides an in-depth analysis of the yams market in South-Eastern Asia.
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