Madagascar: Sweet Potato Market Overview 2020

Sweet Potato Market Size in Madagascar

The revenue of the sweet potato market in Madagascar amounted to $X in 2018, going up by X% against the previous year. Over the period under review, sweet potato consumption continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 when the market value increased by X% y-o-y. Over the period under review, the sweet potato market reached its maximum level in 2018 and is expected to retain its growth in the near future.

Sweet Potato Production in Madagascar

In value terms, sweet potato production totaled $X in 2018 estimated in export prices. Overall, sweet potato production continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, sweet potato production attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Average yield of sweet potato in Madagascar amounted to X tonne per ha in 2018, approximately reflecting the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2012 when yield increased by X% against the previous year. Sweet potato yield peaked in 2018 and is expected to retain its 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 2018, the harvested area of sweet potato in Madagascar totaled X ha, stabilizing at the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2011 when harvested area increased by X% y-o-y. In that year, the sweet potato harvested area attained its peak level of X ha. From 2012 to 2018, the growth of the sweet potato harvested area remained at a somewhat lower figure.

Sweet Potato Exports

Exports from Madagascar

In 2018, the sweet potato exports from Madagascar stood at X tonnes, lowering by -X% against the previous year. In general, sweet potato exports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. In that year, sweet potato exports attained their peak of X tonnes. From 2016 to 2018, the growth of sweet potato exports remained at a somewhat lower figure.

In value terms, sweet potato exports totaled $X in 2018. Overall, sweet potato exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, sweet potato exports reached their maximum at $X in 2017, and then declined slightly in the following year.

Sweet Potato Imports

Imports into Madagascar

In 2018, the sweet potato imports into Madagascar totaled X kg, reducing by -X% against the previous year. In general, sweet potato imports continue to indicate a moderate decrease. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. In that year, sweet potato imports attained their peak of X kg. From 2010 to 2018, the growth of sweet potato imports remained at a somewhat lower figure.

In value terms, sweet potato imports totaled $X in 2018. Over the period under review, sweet potato imports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. Over the period under review, sweet potato imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Source: IndexBox Platform