U.S. - Yams - Market Analysis, Forecast, Size, Trends and Insights
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View PricingYams Price in the United States - 2023
Contents:
- Yams Price in the United States (CIF) - 2023
- Yams Price in the United States (FOB) - 2023
- Yams Imports in the United States
- Yams Exports in the United States
Yams Price in the United States (CIF) - 2023
The average yams import price stood at $2,055 per ton in December 2023, approximately mirroring the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in April 2023 when the average import price increased by 16% month-to-month. Over the period under review, average import prices attained the peak figure at $2,109 per ton in June 2023; afterwards, it flattened through to December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Jamaica ($4,383 per ton), while the price for China ($513 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Colombia (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Yams Price in the United States (FOB) - 2023
The average yams export price stood at $1,544 per ton in December 2023, surging by 2.7% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 13% m-o-m. The export price peaked at $1,759 per ton in February 2023; however, from March 2023 to December 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In December 2023, the country with the highest price was Colombia ($1,785 per ton), while the average price for exports to Mexico ($1,454 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Yams Imports in the United States
After three years of growth, purchases abroad of yams decreased by -2.2% to 54K tons in 2022. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 8.6% against the previous year.
In value terms, yams imports expanded notably to $79M in 2022. In general, imports, however, showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Yams in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jamaica | 26.2 | 30.3 | 30.7 | 30.5 | 5.2% |
| Ghana | 17.4 | 14.5 | 15.1 | 16.3 | -2.2% |
| Costa Rica | 8.6 | 7.6 | 8.1 | 10.8 | 7.9% |
| Colombia | 9.7 | 7.5 | 6.4 | 6.1 | -14.3% |
| Brazil | 5.7 | 5.7 | 6.0 | 5.9 | 1.2% |
| Japan | 7.6 | 7.0 | 5.6 | 5.6 | -9.7% |
| China | 2.1 | 1.8 | 2.0 | 2.6 | 7.4% |
| Others | 1.6 | 1.7 | 1.6 | 1.8 | 4.0% |
| Total | 78.9 | 76.0 | 75.4 | 79.5 | 0.3% |
Top Suppliers of Yams to the United States in 2022:
- Ghana (13.1K tons)
- Jamaica (11.8K tons)
- Colombia (8.3K tons)
- Costa Rica (8.1K tons)
- Brazil (5.9K tons)
- China (3.2K tons)
- Japan (2.2K tons)
Yams Exports in the United States
In 2022, shipments abroad of yams decreased by -6.2% to 14K tons, falling for the second year in a row after two years of growth. Overall, exports showed a noticeable slump. The growth pace was the most rapid in 2020 with an increase of 9.5% against the previous year. As a result, the exports attained the peak of 18K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, yams exports amounted to $22M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 18%. As a result, the exports reached the peak of $27M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Yams in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 22.3 | 26.4 | 21.8 | 21.9 | -0.6% |
| Others | 0.6 | 0.7 | 0.4 | 0.5 | -5.9% |
| Total | 23.0 | 27.1 | 22.2 | 22.4 | -0.9% |
Top Export Markets for Yams from the United States in 2022:
- Canada (14.1K tons)
This report provides an in-depth analysis of the yams market in the U.S.. 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 137 - Yams
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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534
In November 2022, the yams price stood at $1,589 per ton (CIF, US), which is down by -7.7% against the previous month.
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In August 2022, the sweet potato price per ton stood at $649, remaining stable against the previous month.
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The sweet potato price per ton stood at $647 (FOB, US) in May 2022, declining by -2.8% against the previous month.
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In July 2022, the cassava price per ton amounted to $1,053, stabilizing at the previous month.
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In Apr 2022, the average import cassava price per ton amounted to $936, shrinking by -2.2% against the previous month.
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In August 2022, the chicken meat price per ton amounted to $1,471, remaining constant against the previous month.
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In June 2022, the chicken meat price per ton amounted to $1,507 per ton, picking up by 18% against the previous month.
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In October 2022, Vegetable imports experienced their most rapid growth pace, with a 39% increase compared to the previous month. In terms of value, vegetable imports slightly expanded to $243M in August 2023.
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In August 2022, the vegetable price per ton amounted to $1.1K, approximately equating the previous month.
