Report China - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 24, 2021

China - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
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China: Sweet Potato Market Overview 2021

Sweet Potato Market Size in China

In 2020, the Chinese sweet potato market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Over the period under review, consumption saw a slight downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2019, and then declined rapidly in the following year.

Sweet Potato Production in China

In value terms, sweet potato production shrank rapidly to $X in 2020 estimated in export prices. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Sweet potato production peaked at $X in 2019, and then shrank notably in the following year.

In 2020, the average yield of sweet potato in China stood at X tonnes per ha, approximately mirroring the previous year's figure. In general, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. The sweet potato 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 total area harvested in terms of sweet potato production in China shrank to X ha, dropping by -X% on the previous year's figure. Over the period under review, the harvested area continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. As a result, the harvested area reached the peak level of X ha. from 2009 to 2020, the growth of the sweet potato harvested area failed to regain the momentum.

Sweet Potato Exports

Exports from China

Sweet potato exports from China fell notably to X tonnes in 2020, dropping by -X% on the year before. Over the period under review, exports, however, posted a pronounced expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Exports peaked at X tonnes in 2019, and then shrank dramatically in the following year.

In value terms, sweet potato exports shrank dramatically to $X in 2020. In general, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Exports peaked at $X in 2019, and then dropped sharply in the following year.

Exports by Country

Viet Nam (X tonnes) was the main destination for sweet potato exports from China, accounting for a X% share of total exports. Moreover, sweet potato exports to Viet Nam exceeded the volume sent to the second major destination, Hong Kong SAR (X tonnes), fourfold. The third position in this ranking was occupied by Macao SAR (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Viet Nam stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Macao SAR (+X% per year).

In value terms, Viet Nam ($X) emerged as the key foreign market for sweet potato exports from China, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Viet Nam stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2020, the average sweet potato export price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, export price indicated a temperate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2019, and then shrank sharply in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Sweet Potato Imports

Imports into China

In 2020, after five years of growth, there was significant decline in overseas purchases of sweet potato, when their volume decreased by -X% to X tonnes. In general, imports recorded a noticeable shrinkage. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2019, and then declined remarkably in the following year.

In value terms, sweet potato imports shrank notably to $X in 2020. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Viet Nam (X tonnes) was the main sweet potato supplier to China, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Viet Nam stood at -X%.

In value terms, Viet Nam ($X) constituted the largest supplier of sweet potato to China.

From 2007 to 2020, the average annual growth rate of value from Viet Nam totaled -X%.

Import Prices by Country

The average sweet potato import price stood at $X per tonne in 2020, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2013 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Viet Nam amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sweet potato in the world?
+
The country with the largest volume of sweet potato consumption was China (50M tonnes), accounting for 55% of total volume. Moreover, sweet potato consumption in China exceeded the figures recorded by the second-largest consumer, Malawi (6.2M tonnes), eightfold. The third position in this ranking was occupied by Tanzania (4.3M tonnes), with a 4.7% share.
What are the largest producers of sweet potato in the world?
+
China (50M tonnes) remains the largest sweet potato producing country worldwide, accounting for 55% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Malawi (6.2M tonnes), eightfold. The third position in this ranking was occupied by Tanzania (4.3M tonnes), with a 4.7% share.
What are the leading suppliers of sweet potato to China?
+
In value terms, Viet Nam ($53K) constituted the largest supplier of sweet potato to China.
What are the leading importers of sweet potato from China?
+
In value terms, Viet Nam ($8.2M) emerged as the key foreign market for sweet potato exports from China, comprising 52% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($3.9M), with a 25% share of total exports. It was followed by the Netherlands, with a 5.5% share.
What is the average export price for sweet potato in China?
+
The average sweet potato export price stood at $658 per tonne in 2020, reducing by -27.2% against the previous year.
What is the average import price for sweet potato in China?
+
In 2020, the average sweet potato import price amounted to $538 per tonne, almost unchanged from the previous year.
Product coverage:
• FCL 122 - Sweet potatoes

This report provides an in-depth analysis of the sweet potato market in China. 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:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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