Report Asia - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Asia - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Sweet Potato Market Overview 2021

Sweet Potato Market Size in Asia

After two years of growth, the Asian sweet potato market decreased by -X% to $X in 2020. In general, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2019, and then dropped rapidly in the following year.

Sweet Potato Production in Asia

In value terms, sweet potato production dropped remarkably to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2019, and then contracted markedly in the following year.

The country with the largest volume of sweet potato production was China (X tonnes), accounting for X% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), more than tenfold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in China amounted to -X%. In the other countries, the average annual rates were as follows: Indonesia (-X% per year) and Viet Nam (-X% per year).

In 2020, the average yield of sweet potato in Asia totaled X tonnes per ha, therefore, remained relatively stable against the year before. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. The level of yield peaked at X tonnes per ha in 2018; however, from 2019 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the sweet potato harvested area in Asia contracted to X ha, waning by -X% compared with the year before. Overall, the harvested area saw a pronounced downturn. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, the harvested area attained the peak level of X ha. from 2009 to 2020, the growth of the sweet potato harvested area failed to regain the momentum.

Production By Country in Asia

The country with the largest volume of sweet potato production was China (X tonnes), accounting for X% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), more than tenfold. Viet Nam (X tonnes) ranked third in terms of total production with a X% share.

In China, sweet potato production contracted by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Indonesia (-X% per year) and Viet Nam (-X% per year).

Sweet Potato Exports

Exports in Asia

In 2020, after two years of decline, there was significant growth in shipments abroad of sweet potato, when their volume increased by X% to X tonnes. In general, exports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, sweet potato exports totaled $X in 2020. Over the period under review, exports showed a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Viet Nam was the largest exporting country with an export of around X tonnes, which recorded X% of total exports. China (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Indonesia (X%), Lao People's Democratic Republic (X%) and Japan (X%). Israel (X tonnes) followed a long way behind the leaders.

Exports from Viet Nam increased at an average annual rate of +X% from 2007 to 2020. At the same time, Japan (+X%), Indonesia (+X%), China (+X%) and Lao People's Democratic Republic (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. By contrast, Israel (-X%) illustrated a downward trend over the same period. While the share of Viet Nam (+X p.p.) and Japan (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of China (-X p.p.) and Israel (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Viet Nam ($X) remains the largest sweet potato supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Viet Nam amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and China (+X% per year).

Export Prices by Country

The sweet potato export price in Asia stood at $X per tonne in 2020, shrinking by -X% against the previous year. Export price indicated a prominent increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, sweet potato export price increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, export prices reached the peak figure at $X per tonne in 2019, and then contracted modestly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while Lao People's Democratic Republic ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic, while the other leaders experienced more modest paces of growth.

Sweet Potato Imports

Imports in Asia

In 2020, sweet potato imports in Asia soared to X tonnes, growing by X% on 2019 figures. Overall, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sweet potato imports skyrocketed to $X in 2020. In general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

Imports by Country

The purchases of the nine major importers of sweet potato, namely Saudi Arabia, Thailand, Malaysia, Japan, Singapore, the United Arab Emirates, Hong Kong SAR, Jordan and Lao People's Democratic Republic, represented more than two-thirds of total import.

From 2007 to 2020, the biggest increases were in Saudi Arabia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet potato importing markets in Asia were Thailand ($X), Hong Kong SAR ($X) and Japan ($X), with a combined X% share of total imports. These countries were followed by Singapore, Malaysia, Saudi Arabia, the United Arab Emirates, Lao People's Democratic Republic and Jordan, which together accounted for a further X terms of the main importing countries, the United Arab Emirates saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the sweet potato import price in Asia amounted to $X per tonne, declining by -X% against the previous year. Import price indicated a moderate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, sweet potato import price increased by +X% against 2008 indices. The pace of growth was the most pronounced in 2012 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2019, and then reduced in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Hong Kong SAR ($X per tonne), while Jordan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sweet potato in Asia?
+
China (50M tonnes) remains the largest sweet potato consuming country in Asia, comprising approx. 87% of total volume. Moreover, sweet potato consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia (1.8M tonnes), more than tenfold. The third position in this ranking was occupied by Viet Nam (1.3M tonnes), with a 2.3% share.
What are the largest producers of sweet potato in Asia?
+
China (50M tonnes) remains the largest sweet potato producing country in Asia, accounting for 87% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Indonesia (1.8M tonnes), more than tenfold. Viet Nam (1.4M tonnes) ranked third in terms of total production with a 2.4% share.
What are the leading exporters of sweet potato in Asia?
+
In value terms, Viet Nam ($62M) remains the largest sweet potato supplier in Asia, comprising 52% of total exports. The second position in the ranking was occupied by Japan ($19M), with a 16% share of total exports. It was followed by China, with a 13% share.
What are the leading importers of sweet potato in Asia?
+
In value terms, the largest sweet potato importing markets in Asia were Thailand ($23M), Hong Kong SAR ($16M) and Japan ($16M), together comprising 46% of total imports. Singapore, Malaysia, Saudi Arabia, the United Arab Emirates, Lao People's Democratic Republic and Jordan lagged somewhat behind, together comprising a further 46%.
What is the average export price for sweet potato in Asia?
+
In 2020, the sweet potato export price in Asia amounted to $1,107 per tonne, shrinking by -2% against the previous year.
What is the average import price for sweet potato in Asia?
+
In 2020, the sweet potato import price in Asia amounted to $977 per tonne, declining by -9.4% against the previous year.
Product coverage:
• FCL 122 - Sweet potatoes

This report provides an in-depth analysis of the sweet potato market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Georgia
• Jordan
• Kyrgyzstan
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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