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United Kingdom - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Sweet Potato Market Overview 2021

Sweet Potato Market Size in the UK

In 2020, the UK sweet potato market increased by X% to $X for the first time since 2016, thus ending a three-year declining trend. Over the period under review, consumption showed a buoyant increase. The pace of growth appeared the most rapid in 2015 when the market value increased by X% against the previous year. Sweet potato consumption peaked in 2020 and is expected to retain growth in years to come.

Sweet Potato Exports

Exports from the UK

In 2020, approx. X tonnes of sweet potato were exported from the UK; waning by -X% on the previous year's figure. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2019, and then shrank dramatically in the following year.

In value terms, sweet potato exports declined significantly to $X in 2020. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Exports peaked at $X in 2019, and then reduced notably in the following year.

Exports by Country

The Netherlands (X tonnes), Ireland (X tonnes) and Germany (X tonnes) were the main destinations of sweet potato exports from the UK, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Germany, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Ireland ($X) and Germany ($X) constituted the largest markets for sweet potato exported from the UK worldwide, together comprising X% of total exports.

Germany saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average sweet potato export price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the export price, however, saw a slight decrease. Over the period under review, average export prices hit record highs at $X per tonne in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Sweet Potato Imports

Imports into the UK

In 2020, overseas purchases of sweet potato were finally on the rise to reach X tonnes after three years of decline. Over the period under review, imports recorded resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, sweet potato imports rose remarkably to $X in 2020. Overall, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest supplier of sweet potato to the UK, accounting for a X% share of total imports. Moreover, sweet potato imports from the U.S. exceeded the figures recorded by the second-largest supplier, Egypt (X tonnes), threefold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and China (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of sweet potato to the UK, comprising X% of total imports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and China (+X% per year).

Import Prices by Country

The average sweet potato import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the import price recorded a slight decline. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Honduras, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sweet potato in the world?
+
China (50M tonnes) remains the largest sweet potato consuming country worldwide, comprising approx. 55% of total volume. Moreover, sweet potato consumption in China exceeded the figures recorded by the second-largest consumer, Malawi (6.2M tonnes), eightfold. The third position in this ranking was occupied by Tanzania (4.3M tonnes), with a 4.7% share.
What are the largest producers of sweet potato in the world?
+
China (50M tonnes) remains the largest sweet potato producing country worldwide, accounting for 55% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Malawi (6.2M tonnes), eightfold. Tanzania (4.3M tonnes) ranked third in terms of total production with a 4.7% share.
What are the leading suppliers of sweet potato to the UK?
+
In value terms, the U.S. ($59M) constituted the largest supplier of sweet potato to the UK, comprising 49% of total imports. The second position in the ranking was occupied by Egypt ($19M), with a 16% share of total imports. It was followed by China, with a 9.7% share.
What are the leading importers of sweet potato from the UK?
+
In value terms, the Netherlands ($4.1M), Ireland ($2.8M) and Germany ($2.3M) appeared to be the largest markets for sweet potato exported from the UK worldwide, with a combined 74% share of total exports.
What is the average export price for sweet potato in the UK?
+
The average sweet potato export price stood at $1,143 per tonne in 2020, rising by 19% against the previous year.
What is the average import price for sweet potato in the UK?
+
In 2020, the average sweet potato import price amounted to $751 per tonne, dropping by -4.3% against the previous year.

Product coverage:
• FCL 122 - Sweet potatoes

This report provides an in-depth analysis of the sweet potato market in the UK. 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 2025.


Country coverage:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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