Eastern Asia: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Eastern Asia

In 2020, the East Asian roots and tubers, nes market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. The total consumption indicated a pronounced expansion from 2007 to 2020: its value 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. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2015 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Roots and Tubers, nes in Eastern Asia

In value terms, roots and tubers, nes production declined slightly to $X in 2020 estimated in export prices. The total production indicated temperate growth from 2007 to 2020: its value 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. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. from 2015 to 2020, production growth remained at a somewhat lower figure.

The country with the largest volume of roots and tubers, nes production was China (X tons), accounting for X% of total volume. Moreover, roots and tubers, nes production in China exceeded the figures recorded by the second-largest producer, Japan (X tons), fivefold.

From 2007 to 2020, the average annual growth rate of volume in China totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Japan (-X% per year) and Taiwan (Chinese) (-X% per year).

In 2020, the average yield of roots and tubers, nes in Eastern Asia shrank modestly to X tons per ha, remaining stable against the year before. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the yield increased by X% year-to-year. Over the period under review, the roots and tubers, nes yield attained the maximum level at X tons 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 roots and tubers, nes production in Eastern Asia reached X ha, leveling off at 2019 figures. Over the period under review, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to roots and tubers, nes production attained the peak figure at X ha in 2017; however, from 2018 to 2020, the harvested area failed to regain the momentum.

Production By Country in Eastern Asia

The country with the largest volume of roots and tubers, nes production was China (X tons), comprising approx. X% of total volume. Moreover, roots and tubers, nes production in China exceeded the figures recorded by the second-largest producer, Japan (X tons), fivefold.

In China, roots and tubers, nes production increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Taiwan (Chinese) (-X% per year).

Exports of Roots and Tubers, nes

Exports in Eastern Asia

For the third year in a row, Eastern Asia recorded growth in overseas shipments of roots and tubers, nes, which increased by X% to X tons in 2020. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. from 2017 to 2020, the growth exports failed to regain the momentum.

In value terms, roots and tubers, nes exports reached $X in 2020. Total exports indicated a measured expansion from 2007 to 2020: its value 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, exports increased by +X% against 2018 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China prevails in roots and tubers, nes exports structure, finishing at X tons, which was near X% of total exports in 2020. It was distantly followed by Japan (X tons), creating a X% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of roots and tubers, nes. Japan experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest roots and tubers, nes supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in China totaled +X%.

Export Prices by Country

In 2020, the roots and tubers, nes export price in Eastern Asia amounted to $X per ton, falling by -X% against the previous year. Export price indicated a temperate 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, roots and tubers, nes export price decreased by -X% against 2014 indices. The growth pace was the most rapid in 2014 when the export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton. from 2015 to 2020, the growth in terms of the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($X per ton), while China amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan.

Imports of Roots and Tubers, nes

Imports in Eastern Asia

Roots and tubers, nes imports reduced sharply to X tons in 2020, with a decrease of -X% against the year before. In general, imports continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, roots and tubers, nes imports contracted rapidly to $X in 2020. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The level of import peaked at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Japan (X tons) was the major importer of roots and tubers, nes, constituting X% of total imports. Taiwan (Chinese) (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Macao SAR (X%) and South Korea (X%). The following importers - China (X tons) and Hong Kong SAR (X tons) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to roots and tubers, nes imports into Japan stood at -X%. At the same time, Macao SAR (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2007-2020. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, China (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Macao SAR (+X p.p.), Taiwan (Chinese) (+X p.p.) and South Korea (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported roots and tubers, nes in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Japan was relatively modest. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+X% per year) and South Korea (+X% per year).

Import Prices by Country

The roots and tubers, nes import price in Eastern Asia stood at $X per ton in 2020, approximately reflecting the previous year. Import price indicated perceptible growth 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. Based on 2020 figures, roots and tubers, nes import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2015 to 2020, the growth in terms of the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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