United Kingdom - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUK's Sweet Potato Imports Drop Significantly to $88M in 2023
United Kingdom Sweet Potato Imports
Sweet potato imports into the UK fell to 124K tons in 2023, stabilizing at 2022. Over the period under review, total imports indicated buoyant growth from 2013 to 2023: its volume increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by -21.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 65%. Over the period under review, imports hit record highs at 162K tons in 2016; however, from 2017 to 2023, imports remained at a lower figure.
In value terms, sweet potato imports declined to $88M (IndexBox estimates) in 2023. In general, total imports indicated a resilient increase from 2013 to 2023: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by -29.3% against 2021 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 44%. Over the period under review, imports reached the maximum at $125M in 2021; however, from 2022 to 2023, imports failed to regain momentum.
| COUNTRY | Import Value of Sweet Potato in United Kingdom (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 37.0 | 43.5 | 62.9 | 73.8 | 70.5 | 65.1 | 56.9 | 58.8 | 53.4 | 39.3 | 35.6 |
| Egypt | 2.1 | 5.1 | 4.7 | 4.6 | 5.0 | 9.1 | 21.3 | 19.3 | 18.6 | 20.3 | 28.9 |
| China | 0.6 | 2.3 | 4.2 | 5.8 | 9.3 | 9.3 | 11.6 | 11.5 | 15.9 | 15.7 | 11.8 |
| Spain | 2.0 | 4.9 | 11.9 | 14.7 | 6.3 | 7.2 | 4.8 | 5.5 | 4.8 | 3.2 | 3.1 |
| South Africa | 0.2 | 0.3 | 0.6 | 0.3 | 0.4 | 0.3 | 1.9 | 2.3 | 5.6 | 4.6 | 2.3 |
| Brazil | 1.2 | 1.3 | 1.1 | 1.1 | 1.0 | 1.0 | 1.1 | 1.2 | 1.1 | 1.7 | 1.9 |
| Honduras | 0.7 | 2.6 | 4.0 | 3.9 | 3.7 | 3.0 | 3.3 | 3.3 | 2.9 | 3.4 | 0.7 |
| Netherlands | 1.1 | 4.6 | 2.9 | 2.1 | 6.1 | 6.1 | 1.8 | 10.7 | 13.9 | 0.6 | 0.1 |
| Others | 5.7 | 8.5 | 10.5 | 8.1 | 5.3 | 4.2 | 5.0 | 7.6 | 8.6 | 5.5 | 3.8 |
| Total | 50.7 | 73.2 | 103 | 114 | 108 | 105 | 108 | 120 | 125 | 94.3 | 88.2 |
Imports by Country
the United States (53K tons), Egypt (43K tons) and China (18K tons) were the main suppliers of sweet potato imports to the UK, with a combined 92% share of total imports.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +40.5%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the United States ($36M), Egypt ($29M) and China ($12M) appeared to be the largest sweet potato suppliers to the UK, with a combined 86% share of total imports.
In terms of the main suppliers, China, with a CAGR of +35.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the sweet potato price stood at $709 per ton (CIF, United Kingdom), with a decrease of -5.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 17% against the previous year. As a result, import price attained the peak level of $893 per ton. From 2015 to 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,109 per ton), while the price for China ($648 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Honduras (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the sweet potato market in the UK. 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.
Product coverage:
- FCL 122 - Sweet potatoes
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
