EU: Root And Tuber Market 2022

Root And Tuber Market Size in the EU

The EU root and tuber market totaled $X in 2021, growing by 4.9% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Root And Tuber Production in the EU

In value terms, root and tuber production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 37%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2021 were Germany (X tons), France (X tons) and Poland (X tons), with a combined 51% share of total production. The Netherlands, Belgium, Romania and Denmark lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Denmark (with a CAGR of +4.4%), while production for the other leaders experienced more modest paces of growth.

The average root and tuber yield declined modestly to X tons per ha in 2021, dropping by -4.5% compared with the year before. The yield figure increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the yield increased by 17% against the previous year. Over the period under review, the root and tuber yield reached the peak level at X tons per ha in 2020, and then contracted slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of roots and tubers were harvested in the European Union; with an increase of 2.1% compared with the previous year. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the harvested area increased by 2.6% against the previous year. Over the period under review, the harvested area dedicated to root and tuber production attained the peak figure at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Root And Tuber Exports

Exports in the EU

In 2021, root and tuber exports in the European Union rose to X tons, surging by 2.7% on 2020. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 20% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, root and tuber exports amounted to $X in 2021. The total export value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 44% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, the Netherlands (X tons), France (X tons) and Germany (X tons) represented the major exporter of roots and tubers in the European Union, committing 78% of total export. It was distantly followed by Belgium (X tons), comprising a 9.4% share of total exports. The following exporters - Spain (X tons) and Denmark (X tons) - together made up 6% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Spain (with a CAGR of +4.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest root and tuber supplying countries in the European Union were the Netherlands ($X), France ($X) and Germany ($X), with a combined 74% share of total exports. These countries were followed by Belgium, Spain and Denmark, which together accounted for a further 16%.

In terms of the main exporting countries, Spain, with a CAGR of +4.4%, recorded 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

The export price in the European Union stood at $X per ton in 2021, which is down by -2.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by 35%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.0%), while the other leaders experienced more modest paces of growth.

Root And Tuber Imports

Imports in the EU

In 2021, imports of roots and tubers in the European Union totaled X tons, remaining stable against the previous year's figure. The total import volume increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when imports increased by 14%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, root and tuber imports totaled $X in 2021. Total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.3% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by 48% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) and the Netherlands (X tons) represented the largest importers of roots and tubers in the European Union, together amounting to near 55% of total imports. Spain (X tons) ranks next in terms of the total imports with a 9.5% share, followed by Italy (6.6%) and Germany (6.1%). France (X tons), Portugal (X tons), Austria (X tons), Romania (X tons), the Czech Republic (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +10.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest root and tuber importing markets in the European Union were Belgium ($X), the Netherlands ($X) and Spain ($X), together comprising 55% of total imports. These countries were followed by Germany, Italy, France, Portugal, Greece, Romania, the Czech Republic and Austria, which together accounted for a further 34%.

Romania, with a CAGR of +11.5%, saw the highest growth rate of 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

In 2021, the import price in the European Union amounted to $X per ton, remaining constant against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2013 when the import price increased by 44% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+10.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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