MERCOSUR: Yams Market 2024

Yams Market Size in MERCOSUR

The MERCOSUR yams market declined to $X in 2022, shrinking by X% against the previous year. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Yams Production in MERCOSUR

In value terms, yams production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Colombia (X tons), Brazil (X tons) and Venezuela (X tons), together comprising X% of total production.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while production for the other leaders experienced mixed trends in the production figures.

The average yams yield reduced to X tons per ha in 2022, approximately equating the previous year. In general, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the yield increased by X%. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield stood at a somewhat 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 MERCOSUR totaled X ha, approximately mirroring 2021. Overall, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2017 to 2022, the growth of the yams harvested area failed to regain momentum.

Yams Exports

Exports in MERCOSUR

After ten years of growth, overseas shipments of yams decreased by X% to X tons in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined sharply in the following year.

In value terms, yams exports shrank modestly to $X in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Colombia (X tons) and Brazil (X tons), together reaching X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Colombia (with a CAGR of X%).

In value terms, the largest yams supplying countries in MERCOSUR were Brazil ($X) and Colombia ($X).

Colombia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. 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 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Colombia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%).

Yams Imports

Imports in MERCOSUR

In 2022, imports of yams in MERCOSUR reduced modestly to X tons, which is down by X% compared with the previous year. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, yams imports stood at $X in 2022. Overall, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Argentina dominates imports structure, resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Colombia (X tons), committing a X% share of total imports. The following importers - Suriname (X tons) and Uruguay (X tons) - each resulted at a X% share of total imports.

Imports into Argentina increased at an average annual rate of X% from 2012 to 2022. At the same time, Uruguay (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Suriname experienced a relatively flat trend pattern. By contrast, Colombia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Argentina, Colombia and Uruguay increased by X, X and X percentage points, respectively.

In value terms, Argentina ($X) constitutes the largest market for imported yams in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total imports. It was followed by Suriname, with a X% share.

In Argentina, yams imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uruguay (X% per year) and Suriname (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, saw a abrupt contraction. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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