EU: Yams Market 2024

Yams Market Size in the EU

The EU yams market expanded rapidly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Yams Production in the EU

In value terms, yams production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Portugal (X tons) constituted the country with the largest volume of yams production, accounting for X% of total volume. Moreover, yams production in Portugal exceeded the figures recorded by the second-largest producer, Spain (X tons), more than tenfold.

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

In 2022, the average yams yield in the European Union dropped to X tons per ha, with a decrease of X% against the previous year. Overall, the yield, however, showed slight growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2022, the growth of the yams yield remained at a 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 harvested area of yams in the European Union reached X ha, remaining relatively unchanged against 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Yams Exports

Exports in the EU

For the third year in a row, the European Union recorded growth in overseas shipments of yams, which increased by X% to X tons in 2022. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, yams exports reached $X in 2022. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Belgium represented the key exporter of yams in the European Union, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. The Netherlands (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%) and France (X%). Spain (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. France and Spain lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the export price figures.

Yams Imports

Imports in the EU

In 2022, the amount of yams imported in the European Union expanded remarkably to X tons, picking up by X% against 2021. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, yams imports surged to $X in 2022. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The purchases of the three major importers of yams, namely the Netherlands, Belgium and France, represented more than two-thirds of total import. It was distantly followed by Italy (X tons), generating an X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the import price in the European Union amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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