World - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
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Sweet potato market: discover the latest statistics powered by an Ai-driven market intelligence platform. Statistics include consumption, production, market prices, trade, companies, exports, market size, and imports. Here is a breakdown by region, including the U.K., the Middle East, Africa, Russia, China, Latin America, the U.S., and EU. Market dynamics and forecast to 2030 are also provided in the snapshots.
Sweet Potato - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Tanzania |
| 3 | Malawi |
| 4 | Nigeria |
| 5 | Ethiopia |
In value terms, China led the market, alone. The second position in the ranking was occupied by Tanzania. It was followed by Malawi.
From 2018 to 2020, the average annual growth rate of value in China stood at -8.1%. The remaining consuming countries recorded the following average annual rates of market growth: Tanzania (+1.0% per year) and Malawi (+8.9% per year).
Sweet Potato Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Canada | 500 | 513 | 542 | 4.1% |
| China | 708 | 895 | 630 | -5.7% |
| Egypt | 658 | 528 | 704 | 3.4% |
| United States | 769 | 720 | 720 | -3.2% |
| Spain | 989 | 1038 | 1076 | 4.3% |
| Netherlands | 1153 | 1187 | 1080 | -3.2% |
| Vietnam | 1140 | 1455 | 1228 | 3.8% |
| Average | 877 | 878 | 864 | -0.7% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Vietnam ($1,228 per ton), while Canada ($542 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Germany | 1316 | 1434 | 1336 | 0.8% |
| Japan | 1238 | 1410 | 1208 | -1.2% |
| Singapore | 1280 | 1350 | 1126 | -6.2% |
| Thailand | 1214 | 961 | 1085 | -5.5% |
| France | 865 | 1015 | 989 | 6.9% |
| Netherlands | 797 | 670 | 908 | 6.7% |
| Canada | 711 | 784 | 849 | 9.3% |
| Spain | 1082 | 807 | 804 | -13.8% |
| United Kingdom | 704 | 784 | 754 | 3.5% |
| Belgium | 841 | 847 | 740 | -6.2% |
| Malaysia | 680 | 644 | 609 | -5.4% |
| Italy | 713 | 1004 | 580 | -9.8% |
| Saudi Arabia | 390 | 526 | 565 | 20.4% |
| Average | 844 | 886 | 905 | 3.5% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($1,336 per ton), while Saudi Arabia ($565 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other global leaders experienced more modest paces of growth.
Sweet Potato - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Netherlands | 98 | 105 | 159 | 27.2% |
| United Kingdom | 105 | 108 | 120 | 6.9% |
| Canada | 51 | 57 | 65 | 12.2% |
| Germany | 44 | 58 | 64 | 20.6% |
| France | 35 | 55 | 53 | 22.8% |
In value terms, the largest sweet potato importing markets worldwide were the Netherlands ($159M), the UK ($120M) and Canada ($65M), together accounting for 47% of global imports. These countries were followed by Germany, France, Belgium, Thailand, Japan, Singapore, Spain, Saudi Arabia, Malaysia and Italy, which together accounted for a further 34%.
Spain (+72.2% per year) recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Sweet Potato - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 231 | 188 | 189 | -9.5% |
| Netherlands | 108 | 154 | 151 | 18.1% |
| Egypt | 31 | 48 | 72 | 52.4% |
| Vietnam | 62 | 42 | 62 | -0.6% |
| Spain | 42 | 52 | 56 | 16.0% |
In value terms, the largest sweet potato supplying countries worldwide were the United States ($189M), the Netherlands ($151M) and Egypt ($72M), with a combined 55% share of global exports. Vietnam, Spain, China and Canada lagged somewhat behind, together comprising a further 23%.
Canada (+121.3% per year) recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Sweet Potato - Market Forecast
Driven by rising demand for sweet potato worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Sweet Potato - Top Companies
McCain Foods Group Inc, CRUSTA FRUIT JUICES PROPRIETARY LIMITED, McCain Foods Limited, ALLANASONS PRIVATE LIMITED, Lamb Weston Inc, McCain Usa, Inc., McCain Foods Usa, Inc., SIMPLOT AUSTRALIA (HOLDINGS) PTY LIMITED, Norpac Foods, Inc., Cooperative Regions of Organic Producer Pools, Changyang Dongshan Yam Plantation Specialty Cooperative, Clarebout Potatoes NV, KEREVITAS GIDA SANAYI VE TICARET ANONIM SIRKETI, Putian Chengxiang District Haiqing Food Factory, ADM WILD Europe GmbH & Co. KG, riha WeserGold Getränke GmbH & Co. KG, Canada's Finest Foods, Inc., Louis Dreyfus Company Sucos S/A, Eckes-Granini Group GmbH, Yancheng District Peicheng Town Tielu Village Kunde Family Farm
Sweet Potato - Product Coverage
- HS 071420 - Vegetable roots and tubers; sweet potatoes, with high starch or inulin content, whether or not sliced or in the form of pellets, fresh or dried
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.
Product coverage:
- FCL 122 - Sweet potatoes
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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Sweet potato imports in the Netherlands, Germany and Spain is gaining momentum. From 2018 to 2020, imports to Germany increased by 20% and reached 47.4K tons. Over the same period, supplies to Spain tripled from 3.8K to 15.3K tons, while imports to the Netherlands rose by 44% and peaked at 174K tons. In 2020, the Netherlands overcame the UK and emerged as the top sweet potato importer.
12243
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Inventure Foods, Inc. has launched a new product joining the well-known TGI Friday'sTM licensed snack line - Sweet Potato Skins. The new snack is anticipated to be an attention grabber, what with sweet potatoes suddenly being in high demand
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Cassava, also known as manioc or yuca, is a versatile and starchy root vegetable that is widely consumed around the world. It is a staple food for millions of people, particularly in developing countries. While cassava is grown in many regions, certain countries have emerged as the top import markets for this crop. In this article, we will explore the world's best import markets for cassava and provide key statistics and figures to support our analysis. China: Leading the Cassava Import Market. China, with an import value of $2.0 billion in 2022, stands tall as the leading import market for cassava. The country's massive population and rising demand for alternative food sources have contributed to its strong position in the market. Cassava is used in various forms in Chinese cuisine, from steamed and boiled to mashed and fermented. The versatility and nutritional benefits of cassava have made it an attractive food option in the country. Thailand: A Key Player in the Cassava Market. Thailand takes the second spot on the list of top import markets for cassava, with an import value of $585.3 million in 2022. The country's rich agricultural resources and expertise in cassava production have propelled it to become a key player in the global cassava market. Thailand exports cassava in various forms, including fresh roots, dried chips, and processed products. Vietnam: A Growing Market for Cassava. Vietnam has shown significant growth in its cassava import market, with an import value of $162.6 million in 2022. The country's favorable climate and soil conditions make it an ideal location for cassava cultivation. Additionally, the increasing demand for cassava-based products, such as tapioca starch and flour, has contributed to Vietnam's rising import figures. South Korea: Importing Cassava for Various Uses. South Korea imports cassava worth $106.5 million in 2022, making it a notable player in the global cassava market. The country utilizes cassava for various purposes, including food, animal feed, and industrial applications. South Korean consumers enjoy cassava-based snacks, noodles, and beverages, reflecting the versatility of this root vegetable. United States: Embracing Cassava in its Culinary Scene. The United States is also a significant importer of cassava, with an import value of $90.2 million in 2022. Cassava has gained popularity within the country's diverse culinary scene, especially in Latin American and African cuisines. The United States is also a major supplier of processed cassava products, such as frozen fries and chips, to the global market. Netherlands, Spain, and Other European Markets. Several European countries have notable import markets for cassava. The Netherlands imports cassava worth $44.6 million in 2022, primarily for industrial applications and processing into starch and flour. Spain's import value stands at $11.4 million, driven by its diverse food industry. Other European countries, such as France and Canada, also import smaller amounts of cassava, with values of $10.4 million and $7.0 million, respectively. The Role of Market Intelligence Platforms. These statistics and figures have been derived from the IndexBox market intelligence platform, which provides valuable insights and data on various industries and markets worldwide. It enables businesses, researchers, and analysts to access accurate and up-to-date information to make informed decisions. Conclusion. The world's best import markets for cassava include China, Thailand, Vietnam, South Korea, and the United States. These countries have displayed significant demand for cassava, driven by factors such as population size, culinary preferences, and industrial applications. The import values for cassava in these markets showcase the growing prominence of this versatile root vegetable. With the help of market intelligence platforms like IndexBox, businesses can stay informed about the latest market trends and make strategic decisions to capitalize on the opportunities presented by the global cassava market.
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Global cassava imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
