Global Yautia (Cocoyam) Market 2024

Yautia (Cocoyam) Market Size

The global yautia (cocoyam) market reduced to $X in 2022, dropping by X% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the global market remained at a somewhat lower figure.

Yautia (Cocoyam) Production

In value terms, yautia (cocoyam) production reduced to $X in 2022 estimated in export price. Overall, production, however, saw a mild descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, global (cocoyam) production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Cuba (X tons), Venezuela (X tons) and Nicaragua (X tons), with a combined X% share of global production. El Salvador, Mexico, the Dominican Republic and Ecuador lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Ecuador (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

In 2022, the global average yield of yautia reached X tons per ha, rising by X% against the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. Over the period under review, the average yautia (cocoyam) yield attained the peak level in 2022 and is likely to see steady growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The global yautia (cocoyam) harvested area fell modestly to X ha in 2022, remaining constant against 2021. Over the period under review, the harvested area saw a pronounced decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The global harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Yautia (Cocoyam) Exports

Exports

In 2022, global exports of yautia soared to X tons, increasing by X% compared with 2021 figures. In general, total exports indicated a resilient 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. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, yautia (cocoyam) exports skyrocketed to $X in 2022. Overall, exports recorded a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Mexico (X tons) and Ecuador (X tons) were the main exporters of yautiaacross the globe, together resulting at near X% of total exports. Costa Rica (X tons) ranks next in terms of the total exports with a X% share, followed by Vietnam (X%) and the Dominican Republic (X%). The following exporters - Nicaragua (X tons) and the United States (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), Costa Rica ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of global exports.

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

Export Prices by Country

The average yautia (cocoyam) export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price 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, yautia (cocoyam) export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while Nicaragua ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Yautia (Cocoyam) Imports

Imports

In 2022, supplies from abroad of yautia increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, global (cocoyam) imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, yautia (cocoyam) imports surged to $X in 2022. Overall, imports saw a strong expansion. 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 (cocoyam) imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States dominates imports structure, recording X tons, which was near X% of total imports in 2022. Vietnam (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (X%) and Canada (X%). The Netherlands (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to yautia (cocoyam) imports into the United States stood at X%. At the same time, the Netherlands (X%), Canada (X%), Vietnam (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. The United States (X p.p.) and Canada (X p.p.) significantly strengthened its position in terms of the global imports, while Taiwan (Chinese) saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported yautia worldwide, comprising X% of global imports. The second position in the ranking was taken by Vietnam ($X), with an X% share of global imports. It was followed by Taiwan (Chinese), with a X% share.

In the United States, yautia (cocoyam) imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the average yautia (cocoyam) import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2019; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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