Overview of the Global Market for Roots and Tubers, nes

Market Size for Roots and Tubers, nes

In 2020, the global roots and tubers, nes market decreased by -X% to $X, falling for the fourth year in a row after four years of growth. In general, the total consumption indicated temperate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2017 to 2020, the growth of the global market remained at a lower figure.

Production of Roots and Tubers, nes

In value terms, roots and tubers, nes production reduced dramatically to $X in 2020 estimated in export prices. Over the period under review, production showed a moderate increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. from 2017 to 2020, global production growth remained at a somewhat lower figure.

The country with the largest volume of roots and tubers, nes production was Nigeria (X tons), accounting for X% of total volume. Moreover, roots and tubers, nes production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana (X tons), fivefold. The third position in this ranking was occupied by Cote d'Ivoire (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Nigeria amounted to +X%. In the other countries, the average annual rates were as follows: Ghana (+X% per year) and Cote d'Ivoire (+X% per year).

The global average roots and tubers, nes yield reached X tons per ha in 2020, almost unchanged from the year before. Overall, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, the yield attained the peak level of X tons per ha. from 2011 to 2020, the growth of the average roots and tubers, nes yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The global roots and tubers, nes harvested area reduced modestly to X ha in 2020, remaining relatively unchanged against 2019. Over the period under review, the total harvested area indicated a temperate expansion 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, roots and tubers, nes harvested area increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2011 when the harvested area increased by X% y-o-y. The global harvested area peaked at X ha in 2019, and then reduced slightly in the following year.

Production By Country

Nigeria (X tons) remains the largest roots and tubers, nes producing country worldwide, accounting for X% of total volume. Moreover, roots and tubers, nes production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana (X tons), fivefold. The third position in this ranking was occupied by Cote d'Ivoire (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Nigeria stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Ghana (+X% per year) and Cote d'Ivoire (+X% per year).

Exports of Roots and Tubers, nes

Exports

In 2020, shipments abroad of roots and tubers, nes decreased by -X% to X tons for the first time since 2016, thus ending a three-year rising trend. Overall, total exports indicated a measured increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Global exports peaked at X tons in 2019, and then declined in the following year.

In value terms, roots and tubers, nes exports stood at $X in 2020. In general, total exports indicated temperate growth 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, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, global exports attained the peak figure in 2020 and are expected to retain growth in years to come.

Exports by Country

In 2020, China (X tons) was the main exporter of roots and tubers, nes, committing X% of total exports. Ghana (X tons) held the second position in the ranking, followed by Ecuador (X tons), Mexico (X tons), Costa Rica (X tons) and the U.S. (X tons). All these countries together took near X% share of total exports. Nicaragua (X tons), Jamaica (X tons), Colombia (X tons), India (X tons), Thailand (X tons) and Brazil (X tons) held a little share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of roots and tubers, nes. At the same time, Mexico (+X%), Colombia (+X%), Thailand (+X%), the U.S. (+X%), Ecuador (+X%), Ghana (+X%), Brazil (+X%), Nicaragua (+X%) and Jamaica (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. By contrast, India (-X%) and Costa Rica (-X%) illustrated a downward trend over the same period. While the share of Mexico (+X p.p.), Ecuador (+X p.p.), Ghana (+X p.p.), the U.S. (+X p.p.) and Colombia (+X p.p.) increased significantly in terms of the global exports from 2007-2020, the share of India (-X p.p.), Costa Rica (-X p.p.) and China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest roots and tubers, nes supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Jamaica ($X), with a X% share of global exports. It was followed by Ecuador, with a X% share.

In China, roots and tubers, nes exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Jamaica (+X% per year) and Ecuador (+X% per year).

Export Prices by Country

In 2020, the average roots and tubers, nes export price amounted to $X per ton, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Jamaica ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Jamaica, while the other global leaders experienced more modest paces of growth.

Imports of Roots and Tubers, nes

Imports

After three years of growth, purchases abroad of roots and tubers, nes decreased by -X% to X tons in 2020. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, leveling off in the following year.

In value terms, roots and tubers, nes imports expanded to $X in 2020. Overall, total imports indicated resilient growth 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, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. Global imports peaked in 2020 and are likely to see steady growth in the near future.

Imports by Country

In 2020, the U.S. (X tons), distantly followed by Djibouti (X tons), Japan (X tons), Canada (X tons), the UK (X tons) and Malaysia (X tons) represented the main importers of roots and tubers, nes, together committing X% of total imports. The United Arab Emirates (X tons), Singapore (X tons), France (X tons), the Netherlands (X tons), Taiwan (Chinese) (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Djibouti (+X% per year), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported roots and tubers, nes worldwide, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2007 to 2020, the average annual growth rate of value in the U.S. amounted to +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Canada (+X% per year).

Import Prices by Country

In 2020, the average roots and tubers, nes import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Djibouti ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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