U.S.: Root And Tuber Market 2024

Root And Tuber Market Size in the U.S.

The U.S. root and tuber market stood at $X in 2022, approximately reflecting the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Root and tuber consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Root And Tuber Production in the U.S.

In value terms, root and tuber production amounted to $X in 2022. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

The average yield of roots and tubers in the United States totaled X tons per ha in 2022, surging by X% compared with the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The root and tuber yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the root and tuber harvested area in the United States reduced modestly to X ha, approximately mirroring the year before. Overall, the harvested area recorded a slight setback. The pace of growth appeared the most rapid in 2021 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to root and tuber production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Root And Tuber Exports

Exports from the U.S.

In 2022, exports of roots and tubers from the United States contracted to X tons, shrinking by X% against 2021 figures. Overall, total exports indicated a tangible expansion 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, root and tuber exports expanded to $X in 2022. Over the period under review, total exports indicated a remarkable increase 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, exports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for root and tuber exports from the United States, accounting for a X% share of total exports. Moreover, root and tuber exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Netherlands (X% per year).

In value terms, Canada ($X), Mexico ($X) and the Netherlands ($X) constituted the largest markets for root and tuber exported from the United States worldwide, together accounting for X% of total exports. The UK, Japan, Taiwan (Chinese), South Korea, the Philippines, Honduras, the Dominican Republic, Belgium and Malaysia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Honduras, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average root and tuber export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Root And Tuber Imports

Imports into the U.S.

In 2022, imports of roots and tubers into the United States rose to X tons, picking up by X% on 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, root and tuber imports expanded significantly to $X in 2022. In general, total imports indicated prominent 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, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Canada (X tons) constituted the largest root and tuber supplier to the United States, accounting for a X% share of total imports. Moreover, root and tuber imports from Canada exceeded the figures recorded by the second-largest supplier, Costa Rica (X tons), fivefold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (X% per year) and China (X% per year).

In value terms, Canada ($X) constituted the largest supplier of roots and tubers to the United States, comprising X% of total imports. The second position in the ranking was held by Costa Rica ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (X% per year) and China (X% per year).

Import Prices by Country

The average root and tuber import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jamaica ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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