Report Latin America and the Caribbean - Roots and Tubers - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Latin America and the Caribbean - Roots and Tubers - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Root And Tuber Market 2022

Root And Tuber Market Size in Latin America and the Caribbean

The Latin American root and tuber market amounted to $X in 2021, increasing by X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Root And Tuber Production in Latin America and the Caribbean

In value terms, root and tuber production amounted to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

The country with the largest volume of root and tuber production was Brazil (X tons), comprising approx. X% of total volume. Moreover, root and tuber production in Brazil exceeded the figures recorded by the second-largest producer, Peru (X tons), threefold. The third position in this ranking was held by Colombia (X tons), with an X% share.

In Brazil, root and tuber production contracted by an average annual rate of -X% over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Peru (+X% per year) and Colombia (-X% per year).

In 2021, the average yield of roots and tubers in Latin America and the Caribbean reached X tons per ha, standing approx. at 2020. The yield figure increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 when the yield increased by X% against the previous year. The level of yield peaked in 2021 and is likely to see gradual growth in the immediate term. 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 Latin America and the Caribbean; approximately mirroring 2020 figures. In general, the harvested area continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the harvested area attained the peak level of X ha. From 2016 to 2021, the growth of the root and tuber harvested area remained at a lower figure.

Root And Tuber Exports

Exports in Latin America and the Caribbean

In 2021, the amount of roots and tubers exported in Latin America and the Caribbean fell slightly to X tons, waning by -X% against 2020 figures. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020, and then reduced modestly in the following year.

In value terms, root and tuber exports fell modestly to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then contracted in the following year.

Exports by Country

In 2021, Costa Rica (X tons), distantly followed by Guatemala (X tons), Argentina (X tons), Ecuador (X tons), Mexico (X tons) and Brazil (X tons) represented the largest exporters of roots and tubers, together generating X% of total exports. Peru (X tons), Honduras (X tons), Jamaica (X tons), Nicaragua (X tons), Colombia (X tons) and the Dominican Republic (X tons) followed a long way behind the leaders.

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

In value terms, Costa Rica ($X) remains the largest root and tuber supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Jamaica ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

In Costa Rica, root and tuber exports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Jamaica (-X% per year) and Ecuador (+X% per year).

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the export prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Jamaica ($X per ton), while Argentina ($X per ton) was amongst the lowest.

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

Root And Tuber Imports

Imports in Latin America and the Caribbean

In 2021, approx. X tons of roots and tubers were imported in Latin America and the Caribbean; with an increase of X% on 2020 figures. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by X%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, root and tuber imports reached $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

Mexico (X tons) and El Salvador (X tons) represented roughly X% of total imports in 2021. Paraguay (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Trinidad and Tobago (X%). The following importers - the Dominican Republic (X tons), Cuba (X tons), Chile (X tons), Brazil (X tons), Honduras (X tons), Bolivia (X tons), Barbados (X tons), Guyana (X tons) and Suriname (X tons) - together made up X% of total imports.

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

In value terms, Mexico ($X) constitutes the largest market for imported roots and tubers in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by El Salvador ($X), with a X% share of total imports. It was followed by the Dominican Republic, with a X% share.

In Mexico, root and tuber imports increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: El Salvador (+X% per year) and the Dominican Republic (+X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, waning by -X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 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 Brazil ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for roots and tubers in LatAmerica and the Caribbean?
+
The country with the largest volume of root and tuber consumption was Brazil, accounting for 44% of total volume. Moreover, root and tuber consumption in Brazil exceeded the figures recorded by the second-largest consumer, Peru, threefold. The third position in this ranking was held by Colombia, with an 8% share.
What are the largest producers of roots and tubers in LatAmerica and the Caribbean?
+
Brazil remains the largest root and tuber producing country in Latin America and the Caribbean, accounting for 44% of total volume. Moreover, root and tuber production in Brazil exceeded the figures recorded by the second-largest producer, Peru, threefold. The third position in this ranking was taken by Colombia, with an 8% share.
What are the leading suppliers of roots and tubers in LatAmerica and the Caribbean?
+
In value terms, Costa Rica remains the largest root and tuber supplier in Latin America and the Caribbean, comprising 40% of total exports. The second position in the ranking was taken by Jamaica, with a 13% share of total exports. It was followed by Ecuador, with a 13% share.
What are the leading importers of roots and tubers in LatAmerica and the Caribbean?
+
In value terms, Mexico constitutes the largest market for imported roots and tubers in Latin America and the Caribbean, comprising 30% of total imports. The second position in the ranking was held by El Salvador, with a 12% share of total imports. It was followed by the Dominican Republic, with a 6.4% share.
What is the average export price for roots and tubers in LatAmerica and the Caribbean?
+
The export price in Latin America and the Caribbean stood at $740 per ton in 2021, surging by 4.2% against the previous year.
What is the average import price for roots and tubers in LatAmerica and the Caribbean?
+
In 2021, the import price in Latin America and the Caribbean amounted to $398 per ton, with a decrease of -6.2% against the previous year.

This report provides an in-depth analysis of the root and tuber market in Latin America and the Caribbean. 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 125 - Cassava
• FCL 149 - Roots and tubers nes
• FCL 122 - Sweet potatoes
• FCL 136 - Taro (Cocoyam)
• FCL 137 - Yams
• FCL 135 - Yautia (Cocoyam)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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
• Find deeper insights into current market developments
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Harvested Area, By Country, 2012–2021
Table 7:
Yield, By Country, 2012–2021
Table 8:
Imports, In Physical Terms, By Country, 2012–2021
Table 9:
Imports, In Value Terms, By Country, 2012–2021
Table 10:
Import Prices, By Country Of Destination, 2012–2021
Table 11:
Exports, In Physical Terms, By Country, 2012–2021
Table 12:
Exports, In Value Terms, By Country, 2012–2021
Table 13:
Export Prices, By Country Of Origin, 2012–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2021
Figure 18:
Production, In Value Terms, 2012–2021
Figure 19:
Area Harvested, 2012–2021
Figure 20:
Yield, 2012–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2012–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2012–2021
Figure 25:
Yield, By Country, 2012–2021
Figure 26:
Imports, In Physical Terms, 2012–2021
Figure 27:
Imports, In Value Terms, 2012–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2012–2021
Figure 30:
Imports, In Value Terms, By Country, 2012–2021
Figure 31:
Import Prices, By Country, 2012–2021
Figure 32:
Exports, In Physical Terms, 2012–2021
Figure 33:
Exports, In Value Terms, 2012–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2012–2021
Figure 36:
Exports, In Value Terms, By Country, 2012–2021
Figure 37:
Export Prices, 2012–2021
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