Report U.S. - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 24, 2021

U.S. - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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U.S.: Sweet Potato Market Overview 2021

Sweet Potato Market Size in the U.S.

The U.S. sweet potato market expanded significantly to $X in 2020, surging by X% against the previous year. In general, the total consumption indicated a noticeable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Sweet Potato Production in the U.S.

In value terms, sweet potato production totaled $X in 2020. In general, the total production indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2020, production remained at a lower figure.

In 2020, the average sweet potato yield in the U.S. totaled X tonnes per ha, approximately reflecting 2019. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. As a result, the yield attained the peak level of X tonnes per ha. from 2018 to 2020, the growth of the average sweet 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 2020, the total area harvested in terms of sweet potato production in the U.S. expanded slightly to X ha, increasing by X% on the year before. Overall, the total harvested area indicated a moderate increase from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, sweet potato harvested area increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The sweet potato harvested area peaked at X ha in 2016; however, from 2017 to 2020, the harvested area failed to regain the momentum.

Sweet Potato Exports

Exports from the U.S.

In 2020, approx. X tonnes of sweet potato were exported from the U.S.; remaining stable against the previous year. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, sweet potato exports stood at $X in 2020. Overall, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The UK (X tonnes), Canada (X tonnes) and the Netherlands (X tonnes) were the main destinations of sweet potato exports from the U.S., together comprising X% of total exports. These countries were followed by Belgium and Mexico, which together accounted for a further X 2007 to 2020, the biggest increases were in Belgium, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the UK ($X) and the Netherlands ($X) appeared to be the largest markets for sweet potato exported from the U.S. worldwide, together accounting for X% of total exports. These countries were followed by Belgium and Mexico, which together accounted for a further X recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average sweet potato export price stood at $X per tonne in 2020, leveling off at the previous year. In general, the export price, however, continues to indicate a slight setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2016 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied somewhat for the major foreign markets. In 2020, the highest prices were recorded for prices to Mexico ($X per tonne) and Belgium ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) and the UK ($X per tonne) were amongst the lowest.

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

Sweet Potato Imports

Imports into the U.S.

In 2020, sweet potato imports into the U.S. skyrocketed to X tonnes, rising by X% against 2019. Overall, imports saw notable growth. Over the period under review, imports reached the peak figure at X tonnes in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, sweet potato imports soared to $X in 2020. Over the period under review, imports saw a buoyant expansion. Imports peaked at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the Dominican Republic (X tonnes) constituted the largest supplier of sweet potato to the U.S., accounting for a X% share of total imports. Moreover, sweet potato imports from the Dominican Republic exceeded the figures recorded by the second-largest supplier, China (X tonnes), threefold. Canada (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Dominican Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Canada (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from the Dominican Republic totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Peru (+X% per year).

Import Prices by Country

The average sweet potato import price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The import price peaked at $X per tonne in 2008; afterwards, it flattened through to 2020.

Prices varied noticeably by the country of origin; the country with the highest price was Peru ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced more modest paces of growth.

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, accounting for 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, comprising approx. 55% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, 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 leading suppliers of sweet potato to the U.S.?
+
In value terms, the Dominican Republic ($6.3M) constituted the largest supplier of sweet potato to the U.S., comprising 47% of total imports. The second position in the ranking was occupied by Canada ($1.8M), with a 14% share of total imports. It was followed by Peru, with a 13% share.
What are the leading importers of sweet potato from the U.S.?
+
In value terms, Canada ($61M), the UK ($56M) and the Netherlands ($51M) were the largest markets for sweet potato exported from the U.S. worldwide, together comprising 88% of total exports. These countries were followed by Belgium and Mexico, which together accounted for a further 5.3%.
What is the average export price for sweet potato in the U.S.?
+
The average sweet potato export price stood at $720 per tonne in 2020, remaining stable against the previous year.
What is the average import price for sweet potato in the U.S.?
+
The average sweet potato import price stood at $1,016 per tonne in 2020, with an increase of 24% against the previous year.
Product coverage:
• FCL 122 - Sweet potatoes

This report provides an in-depth analysis of the sweet potato market in the U.S.. 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:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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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