Bolivia: Root And Tuber Market 2024

Root And Tuber Market Size in Bolivia

The Bolivian root and tuber market was estimated at $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Root And Tuber Production in Bolivia

In value terms, root and tuber production dropped dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, showed a sharp contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Root and tuber production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

In 2022, the average root and tuber yield in Bolivia amounted to X tons per ha, growing by X% against the previous year. The yield figure increased at an average annual rate of X% from 2012 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 2019 when the yield increased by X%. Over the period under review, the average root and tuber yield hit record highs at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the root and tuber harvested area in Bolivia shrank slightly to X ha, waning by X% compared with 2021 figures. In general, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the harvested area reached the peak level of X ha, and then reduced slightly in the following year.

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Root And Tuber Exports

Exports from Bolivia

In 2022, overseas shipments of roots and tubers increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports enjoyed a buoyant increase. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, root and tuber exports soared to $X in 2022. In general, exports showed a pronounced increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Chile (X tons) was the main destination for root and tuber exports from Bolivia, accounting for a X% share of total exports. Moreover, root and tuber exports to Chile exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile amounted to X%.

In value terms, Chile ($X) emerged as the key foreign market for roots and tubers exports from Bolivia, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Chile stood at X%.

Export Prices by Country

In 2022, the average root and tuber export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price continues to indicate a pronounced slump. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Spain stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Root And Tuber Imports

Imports into Bolivia

In 2022, supplies from abroad of roots and tubers increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a strong increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, root and tuber imports soared to $X in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Peru (X tons) was the main root and tuber supplier to Bolivia, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Peru totaled X%.

In value terms, Peru ($X) constituted the largest supplier of roots and tubers to Bolivia.

From 2012 to 2022, the average annual growth rate of value from Peru stood at X%.

Import Prices by Country

In 2022, the average root and tuber import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to X% per year.

Source: IndexBox Platform

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