China - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSweet Potato Prices in China
China Sweet Potato Export Price in August 2022
In August 2022, the sweet potato price amounted to $488 per ton (FOB, China), flattening at the previous month. In general, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in May 2022 when the average export price increased by 35% m-o-m. Over the period under review, the average export prices hit record highs at $1,107 per ton in March 2022; however, from April 2022 to August 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2022, the country with the highest price was Canada ($2,104 per ton), while the average price for exports to Vietnam ($333 per ton) was amongst the lowest.
From March 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.
China Sweet Potato Exports
In August 2022, overseas shipments of sweet potatoes increased by 108% to 1.3K tons, rising for the second consecutive month after three months of decline. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in July 2022 with an increase of 148% against the previous month. Over the period under review, the exports reached the maximum in August 2022.
In value terms, sweet potato exports soared to $641K (IndexBox estimates) in August 2022. Overall, exports recorded pronounced growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
China Sweet Potato Exports by Country
Vietnam (1K tons) was the main destination for sweet potato exports from China, accounting for a 76% share of total exports. Moreover, sweet potato exports to Vietnam exceeded the volume sent to the second major destination, Hong Kong SAR (76 tons), more than tenfold. Canada (23 tons) ranked third in terms of total exports with a 1.7% share.
From March 2022 to August 2022, the average monthly growth rate of volume to Vietnam totaled +155.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Hong Kong SAR (-5.0% per month) and Canada (+16,587.5% per month).
In value terms, Vietnam ($334K) remains the key foreign market for sweet potato exports from China, comprising 52% of total exports. The second position in the ranking was taken by Hong Kong SAR ($153K), with a 24% share of total exports. It was followed by Canada, with a 7.5% share.
From March 2022 to August 2022, the average monthly rate of growth in terms of value to Vietnam totaled +107.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Hong Kong SAR (+0.7% per month) and Canada (+20,940.1% per month).
This report provides an in-depth analysis of the sweet potato market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
824
This report provides an in-depth analysis of the sweet potato market in China.
2701
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340
During the review period, Cassava imports peaked at 9.4M tons in 2015 but gradually decreased from 2016 to 2023. In terms of value, Cassava imports dropped to $1.6B in 2023.
517
During the review period, Cassava imports reached a peak of 9.4M tons in 2015, but decreased in the following years. In terms of value, Cassava imports fell to $1.6B in 2023.
669
In December 2022, the cassava price amounted to $269 per ton (CIF, China), falling by -6% against the previous month.
264
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230
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459
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768
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465
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1800
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.
13685
Global sweet potato consumption amounted to X thousand tons in 2015, waning by -X% against the previous year level.
