Southern Asia: Root And Tuber Market 2024

Root And Tuber Market Size in Southern Asia

In 2022, the South Asian root and tuber market decreased by X% to $X, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Root And Tuber Production in Southern Asia

In value terms, root and tuber production rose slightly to $X in 2022 estimated in export price. The total production indicated perceptible growth 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

The country with the largest volume of root and tuber production was India (X tons), accounting for X% of total volume. Moreover, root and tuber production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tons), sixfold. The third position in this ranking was held by Pakistan (X tons), with a X% share.

In India, root and tuber production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Bangladesh (X% per year) and Pakistan (X% per year).

In 2022, the average root and tuber yield in Southern Asia fell modestly to X tons per ha, almost unchanged from the year before. Over the period under review, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the yield increased by X%. The level of yield peaked at X tons per ha in 2021, and then dropped slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The root and tuber harvested area declined slightly to X ha in 2022, which is down by X% compared with 2021. Overall, the harvested area, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the harvested area reached the peak level of X ha, and then shrank in the following year.

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Root And Tuber Exports

Exports in Southern Asia

In 2022, overseas shipments of roots and tubers increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, root and tuber exports surged to $X in 2022. Over the period under review, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

Pakistan was the major exporting country with an export of about X tons, which accounted for X% of total exports. India (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Bangladesh (X%).

Exports from Pakistan increased at an average annual rate of X% from 2012 to 2022. At the same time, India (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) remains the largest root and tuber supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Pakistan amounted to X%. In the other countries, the average annual rates were as follows: India (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, waning by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the export price figures.

Root And Tuber Imports

Imports in Southern Asia

In 2022, the amount of roots and tubers imported in Southern Asia expanded sharply to X tons, growing by X% on the previous year. Total imports indicated strong growth from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, root and tuber imports rose remarkably to $X in 2022. Total imports indicated a pronounced 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, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Afghanistan (X tons) and Nepal (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Sri Lanka (X tons), committing a X% share of total imports. Pakistan (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest root and tuber importing markets in Southern Asia were Nepal ($X), Afghanistan ($X) and Sri Lanka ($X), together accounting for X% of total imports. These countries were followed by Pakistan, which accounted for a further X%.

Pakistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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