Lesotho: Potato Market 2020

Potato Market Size in Lesotho

The revenue of the potato market in Lesotho amounted to $X in 2018, growing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the potato market reached its peak figure level at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Potato Production in Lesotho

In value terms, potato production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 when production volume increased by X% year-to-year. Over the period under review, potato production reached its peak figure level at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

In 2018, the average yield of potatoes in Lesotho amounted to X ton per ha, flattening at the previous year. Overall, the potato yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when yield increased by X% year-to-year. In that year, the potato yield reached its peak level of X ton per ha. From 2014 to 2018, the growth of the potato 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 2018, the total area harvested in terms of potatoes production in Lesotho totaled X ha, picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to potato production reached its peak figure at X ha in 2014; however, from 2015 to 2018, harvested area remained at a lower figure.

Potato Exports

Exports from Lesotho

In 2018, the amount of potatoes exported from Lesotho totaled X kg, declining by -X% against the previous year. In general, potato exports continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Lesotho exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, potato exports amounted to $X in 2018. In general, potato exports continue to indicate a precipitous drop. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, potato exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, France (X tons), Germany (X tons) and the Netherlands (X tons) represented the key exporters of potatoes in the world, committing X% of total export. Belgium (X tons) ranks next in terms of the total exports with a X% share, followed by Egypt (X%), Pakistan (X%) and the U.S. (X%). The following exporters - China (X tons), Canada (X tons), Spain (X tons), India (X tons) and the UK (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. China, Egypt, Canada, the U.S., Belgium, the UK, Spain, Pakistan, India and Lesotho lagged somewhat behind, together accounting for a further X experienced the highest growth rate of exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the potato export price in Lesotho amounted to $X per ton, going up by X% against the previous year. In general, the potato export price, however, continues to indicate a drastic setback. The growth pace was the most rapid in 2015 when the export price increased by X% y-o-y. In that year, the export prices for potatoes reached their peak level of $X per ton. From 2016 to 2018, the growth in terms of the export prices for potatoes remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Potato Imports

Imports into Lesotho

Potato imports into Lesotho stood at X tons in 2018, growing by X% against the previous year. Over the period under review, potato imports continue to indicate resilient growth. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Lesotho imports peaked at X tons in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, potato imports totaled $X in 2018. Overall, potato imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, potato imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, Belgium (X tons) and the Netherlands (X tons) represented the key importers of potatoesaround the world, together mixing up X% of total imports. Spain (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Italy (X%). Germany (X tons), Russia (X tons), the U.S. (X tons), France (X tons), Portugal (X tons), Nepal (X tons), Canada (X tons) and Afghanistan (X tons) held a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Lesotho, while the other leaders experienced more modest paces of growth.

In value terms, the largest potato importing markets into Lesotho were Belgium ($X), the Netherlands ($X) and Spain ($X), together comprising X% of total imports. The U.S., Germany, Russia, Italy, Canada, Portugal, France, Afghanistan, Nepal and Lesotho lagged somewhat behind, together accounting for a further X terms of the main importing countries, Lesotho recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The potato import price in Lesotho stood at $X per ton in 2018, coming down by -X% against the previous year. Overall, the potato import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% y-o-y. Lesotho import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform