Report Update May 1, 2024

Hong Kong SAR, China - Yautia - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Yautia (Cocoyam) Market 2024

Yautia (Cocoyam) Market Size in Hong Kong SAR, China

The Hong Kong yautia (cocoyam) market skyrocketed to $X in 2022, rising by X% against the previous year. Overall, consumption, however, showed a precipitous descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Yautia (Cocoyam) Production in Hong Kong SAR, China

In value terms, yautia (cocoyam) production stood at $X in 2022 estimated in export price. In general, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, (cocoyam) production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, (cocoyam) production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of yautia in Hong Kong SAR amounted to less than X kg per ha in 2022, almost unchanged from 2021. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of yautia production in Hong Kong SAR was estimated at less than X ha, approximately reflecting 2021 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Yautia (Cocoyam) Exports

Exports from Hong Kong SAR, China

In 2022, shipments abroad of yautia was finally on the rise to reach X kg for the first time since 2016, thus ending a five-year declining trend. In general, exports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the (cocoyam) exports remained at a somewhat lower figure.

In value terms, yautia (cocoyam) exports reached $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the (cocoyam) exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for yautia (cocoyam) exports from Hong Kong SAR, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%.

In value terms, the United States ($X) also remains the key foreign market for yautia exports from Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

The average yautia (cocoyam) export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then declined slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Yautia (Cocoyam) Imports

Imports into Hong Kong SAR, China

In 2022, imports of yautia into Hong Kong SAR soared to X tons, with an increase of X% on the previous year. In general, imports, however, faced a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, (cocoyam) imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, yautia (cocoyam) imports surged to $X in 2022. Over the period under review, imports, however, recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Vietnam (X tons) was the main supplier of yautia (cocoyam) to Hong Kong SAR, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Vietnam stood at X%.

In value terms, Vietnam ($X) constituted the largest supplier of yautia to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam totaled X%.

Import Prices by Country

The average yautia (cocoyam) import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yautia in the world?

The countries with the highest volumes of consumption in 2023 were Cuba, Venezuela and Nicaragua, together accounting for 62% of global consumption. El Salvador, Mexico, the Dominican Republic and the United States lagged somewhat behind, together comprising a further 31%.

What are the largest producers of yautia in the world?

The countries with the highest volumes of production in 2022 were Cuba, Venezuela and Nicaragua, together comprising 59% of global production. El Salvador, Mexico, the Dominican Republic and Ecuador lagged somewhat behind, together comprising a further 34%.

What are the leading suppliers of yautia to Hong Kong SAR, China?

In value terms, Vietnam constituted the largest supplier of yautia to Hong Kong SAR.

What are the leading importers of yautia from Hong Kong SAR, China?

In value terms, the United States remains the key foreign market for yautia exports from Hong Kong SAR.

What is the average export price for yautia in Hong Kong SAR, China?

In 2022, the average yautia cocoyam) export price amounted to $6,332 per ton, which is down by -4% against the previous year.

What is the average import price for yautia in Hong Kong SAR, China?

In 2022, the average yautia cocoyam) import price amounted to $877 per ton, dropping by -11.2% against the previous year.

This report provides an in-depth analysis of the yautia (cocoyam) market in Hong Kong SAR, 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 2030.

Product coverage:

FCL 135 - Yautia (Cocoyam)

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, 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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023