Eritrea: Roots And Tubers Market 2020

Roots And Tubers Market Size in Eritrea

The revenue of the roots and tubers market in Eritrea amounted to $X in 2018, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, roots and tubers consumption continues to indicate a relatively flat trend pattern. Eritrea roots and tubers consumption peaked at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

Roots And Tubers Exports

Exports from Eritrea

In 2018, the exports of roots and tubers from Eritrea stood at X kg, falling by -X% against the previous year. Over the period under review, roots and tubers exports continue to indicate a relatively flat trend pattern. Eritrea exports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, roots and tubers exports stood at $X in 2018. In general, roots and tubers exports continue to indicate a relatively flat trend pattern. Over the period under review, roots and tubers exports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

Thailand represented the key exporter of roots and tubers in the world, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2018. Cambodia (X tons) took an X% share (based on tons) of total exports, which put it in second place, followed by the U.S. (X%). Vietnam (X tons), Lao People's Democratic Republic (X tons), China (X tons) and Costa Rica (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to roots and tubers exports from Thailand stood at +X%. At the same time, Cambodia (+X%), Lao People's Democratic Republic (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Vietnam (-X%), Costa Rica (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Thailand, Cambodia, the U.S. and Lao People's Democratic Republic increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest roots and tubers supplier from Eritrea, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Thailand amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Cambodia (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2018, the roots and tubers export price in Eritrea amounted to $X per ton, going down by -X% against the previous year. In general, the roots and tubers export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for roots and tubers reached their maximum at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2007 to 2018, 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.

Roots And Tubers Imports

Imports into Eritrea

In 2018, the amount of roots and tubers imported into Eritrea totaled X kg, therefore, remained relatively stable against the previous year. Overall, roots and tubers imports continue to indicate a relatively flat trend pattern. Over the period under review, roots and tubers imports reached their peak figure at X kg in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, roots and tubers imports stood at $X in 2018. Over the period under review, roots and tubers imports continue to indicate a relatively flat trend pattern. Eritrea imports peaked at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

China prevails in roots and tubers imports structure, finishing at X tons, which was approx. X% of total imports in 2018. The U.S. (X tons), the UK (X tons) and South Korea (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the roots and tubers imports, with a CAGR of +X% from 2007 to 2018. At the same time, the UK (+X%) and the U.S. (+X%) displayed positive paces of growth. By contrast, South Korea (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of South Korea (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported roots and tubers into Eritrea, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2018, the roots and tubers import price in Eritrea amounted to $X per ton, remaining stable against the previous year. Overall, the roots and tubers import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for roots and tubers attained their peak figure at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform