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World - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights

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Global Sweet Potato Market Overview 2020

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Sweet Potato Market Size

The global sweet potato market revenue amounted to $X in 2018, growing by X% against the previous year. Over the period under review, the total market indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sweet potato consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. The global sweet potato consumption peaked in 2018 and is likely to continue its growth in the immediate term.

Sweet Potato Production

In value terms, sweet potato production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sweet potato production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, global sweet potato production attained its peak figure level in 2018 and is likely to see steady growth in the immediate term.

China (X tonnes) constituted the country with the largest volume of sweet potato production, accounting for X% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Malawi (X tonnes), more than tenfold. The third position in this ranking was occupied by Tanzania (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Malawi (+X% per year) and Tanzania (+X% per year).

Global average sweet potato yield amounted to X tonne per ha in 2018, growing by X% against the previous year. In general, the sweet potato yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. In that year, the average sweet potato yield attained its peak level of X tonne per ha. From 2009 to 2018, 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.

Global sweet potato harvested area amounted to X ha in 2018, approximately equating the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The global sweet potato harvested area peaked at X ha in 2017, and then declined slightly in the following year.

Production By Country

China (X tonnes) constituted the country with the largest volume of sweet potato production, comprising approx. X% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Malawi (X tonnes), more than tenfold. The third position in this ranking was occupied by Tanzania (X tonnes), with a X% share.

In China, sweet potato production remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Malawi (+X% per year) and Tanzania (+X% per year).

Sweet Potato Exports

Exports 2007-2018

In 2018, the amount of sweet potato exported worldwide amounted to X tonnes, going up by X% against the previous year. In general, sweet potato exports continue to indicate prominent growth. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. The global exports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, sweet potato exports totaled $X in 2018. Over the period under review, sweet potato exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, global sweet potato exports reached their peak figure in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

The U.S. was the key exporter of sweet potato exported in the world, with the volume of exports accounting for X tonnes, which was near X% of total exports in 2018. The Netherlands (X tonnes) ranks second in terms of the total exports with a X% share, followed by China (X%), Egypt (X%) and Spain (X%). The following exporters - Honduras (X tonnes), Viet Nam (X tonnes), Lao People's Democratic Republic (X tonnes) and the UK (X tonnes) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to sweet potato exports from the U.S. stood at +X%. At the same time, the Netherlands (+X%), Spain (+X%), Lao People's Democratic Republic (+X%), the UK (+X%), Egypt (+X%), Honduras (+X%), Viet Nam (+X%) and China (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of the U.S., the Netherlands, Spain, Egypt, China, Honduras, Lao People's Democratic Republic, the UK and Viet Nam increased by +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sweet potato markets worldwide were the U.S. ($X), the Netherlands ($X) and Spain ($X), together accounting for X% of global exports.

In terms of the main exporting countries, Spain experienced the highest rates of growth with regard to market size, over the period under review, while exports for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average sweet potato export price stood at $X per tonne in 2018, growing by X% against the previous year. In general, the sweet potato export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. The global export price peaked at $X per tonne in 2015; however, from 2016 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Viet Nam ($X per tonne), while the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Sweet Potato Imports

Imports 2007-2018

In 2018, the global sweet potato imports totaled X tonnes, growing by X% against the previous year. Overall, sweet potato imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, global sweet potato imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, sweet potato imports stood at $X in 2018. Overall, sweet potato imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. The global imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, the UK (X tonnes) and the Netherlands (X tonnes) represented the key importers of sweet potatoacross the globe, together finishing at near X% of total imports. Canada (X tonnes) occupied an X% share (based on tonnes) of total imports, which put it in second place, followed by France (X%), Belgium (X%) and Germany (X%). Thailand (X tonnes), Japan (X tonnes), the U.S. (X tonnes) and Malaysia (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Belgium, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the UK ($X), the Netherlands ($X) and Canada ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of global imports. France, Germany, Belgium, Japan, the U.S., Thailand and Malaysia lagged somewhat behind, together comprising a further X the main importing countries, Belgium recorded the highest growth rate of market size, over the period under review, while imports for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average sweet potato import price stood at $X per tonne in 2018, growing by X% against the previous year. Over the period under review, the sweet potato import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, the average import prices for sweet potato reached their peak figure at $X per tonne in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 122 - Sweet potatoes

This report provides an in-depth analysis of the global sweet potato market. 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 2030.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Harvested Area, By Country, 2007–2018
Table 7:
Yield, By Country, 2007–2018
Table 8:
Imports, In Physical Terms, By Country, 2007–2018
Table 9:
Imports, In Value Terms, By Country, 2007–2018
Table 10:
Import Prices, By Country Of Destination, 2007–2018
Table 11:
Exports, In Physical Terms, By Country, 2007–2018
Table 12:
Exports, In Value Terms, By Country, 2007–2018
Table 13:
Export Prices, By Country Of Origin, 2007–2018
Table 14:
Producer Prices, By Major Producing Country, 2018
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2018
Figure 18:
Production, In Value Terms, 2007–2018
Figure 19:
Area Harvested, 2007–2018
Figure 20:
Yield, 2007–2018
Figure 21:
Production, By Country, 2018
Figure 22:
Production, In Physical Terms, By Country, 2007–2018
Figure 23:
Harvested Area, By Country, 2018
Figure 24:
Harvested Area, By Country, 2007–2018
Figure 25:
Yield, By Country, 2007–2018
Figure 26:
Imports, In Physical Terms, 2007–2018
Figure 27:
Imports, In Value Terms, 2007–2018
Figure 28:
Imports, In Physical Terms, By Country, 2018
Figure 29:
Imports, In Physical Terms, By Country, 2007–2018
Figure 30:
Imports, In Value Terms, By Country, 2007–2018
Figure 31:
Import Prices, By Country, 2007–2018
Figure 32:
Exports, In Physical Terms, 2007–2018
Figure 33:
Exports, In Value Terms, 2007–2018
Figure 34:
Exports, In Physical Terms, By Country, 2018
Figure 35:
Exports, In Physical Terms, By Country, 2007–2018
Figure 36:
Exports, In Value Terms, By Country, 2007–2018
Figure 37:
Export Prices, 2007–2018

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