Asia: Yams Market 2024

Yams Market Size in Asia

The Asian yams market declined to $X in 2022, leveling off at the previous year. Over the period under review, consumption, however, recorded a noticeable descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Yams Production in Asia

In value terms, yams production fell modestly to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible setback. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Japan (X tons) remains the largest yams producing country in Asia, comprising approx. X% of total volume. Moreover, yams production in Japan exceeded the figures recorded by the second-largest producer, China (X tons), sevenfold. The third position in this ranking was taken by the Philippines (X tons), with a X% share.

In Japan, yams production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (X% per year) and the Philippines (X% per year).

In 2022, the average yams yield in Asia dropped modestly to X tons per ha, remaining constant against the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of yams production in Asia shrank to X ha, almost unchanged from 2021. Overall, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Yams Exports

Exports in Asia

In 2022, after three years of growth, there was decline in overseas shipments of yams, when their volume decreased by X% to X tons. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, yams exports reached $X in 2022. Total exports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X tons), India (X tons) and Japan (X tons) was the main exporter of yams in Asia, making up X% of total export. The United Arab Emirates (X tons) held the next position in the ranking, followed by Malaysia (X tons). All these countries together took approx. X% share of total exports. Afghanistan (X tons) and the Philippines (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and India ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. The United Arab Emirates, the Philippines, Afghanistan and Malaysia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Yams Imports

Imports in Asia

In 2022, imports of yams in Asia expanded to X tons, growing by X% on the previous year. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, yams imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, the United Arab Emirates (X tons), distantly followed by Malaysia (X tons), Taiwan (Chinese) (X tons), Singapore (X tons) and Pakistan (X tons) represented the key importers of yams, together committing X% of total imports. Japan (X tons), Kuwait (X tons), Oman (X tons), Qatar (X tons), Macao SAR (X tons) and Bahrain (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest yams importing markets in Asia were Taiwan (Chinese) ($X), Japan ($X) and Singapore ($X), with a combined X% share of total imports. Malaysia, the United Arab Emirates, Qatar, Pakistan, Kuwait, Oman, Macao SAR and Bahrain lagged somewhat behind, together comprising a further X%.

Pakistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a deep reduction. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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