Report Update Nov 1, 2024

Belgium - Yautia - Market Analysis, Forecast, Size, Trends and Insights

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Belgium: Yautia (Cocoyam) Market 2024

Yautia (Cocoyam) Market Size in Belgium

The Belgian yautia (cocoyam) market skyrocketed to $X in 2022, picking up by 5,065% against the previous year. Overall, consumption continues to indicate strong growth. Yautia (cocoyam) consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Yautia (Cocoyam) Production in Belgium

In value terms, yautia (cocoyam) production declined modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 33%. Yautia (cocoyam) production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

The average yield of yautia in Belgium stood at less than X kg per ha in 2022, almost unchanged from 2021. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of yautia were harvested in Belgium; therefore, remained relatively stable against the previous year's figure. Over the period under review, the harvested area saw a relatively flat trend pattern.

Yautia (Cocoyam) Exports

Exports from Belgium

In 2022, after six years of growth, there was significant decline in overseas shipments of yautia, when their volume decreased by -84.6% to X tons. Overall, exports, however, continue to indicate a measured increase. The pace of growth appeared the most rapid in 2021 when exports increased by 431%. As a result, the exports reached the peak of X tons, and then declined rapidly in the following year.

In value terms, yautia (cocoyam) exports dropped sharply to $X in 2022. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 268%. As a result, the exports reached the peak of $X, and then fell markedly in the following year.

Exports by Country

France (X tons) was the main destination for yautia (cocoyam) exports from Belgium, with a approx. 100% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of volume to France totaled -9.7%.

In value terms, France ($X) also remains the key foreign market for yautia exports from Belgium.

From 2014 to 2022, the average annual rate of growth in terms of value to France stood at -14.1%.

Export Prices by Country

The average yautia (cocoyam) export price stood at $X per ton in 2022, with an increase of 31% against the previous year. In general, the export price continues to indicate a buoyant increase. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2014 to 2022, the rate of growth in terms of prices for France amounted to -4.9% per year.

Yautia (Cocoyam) Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in supplies from abroad of yautia, when their volume decreased by -65% to X tons. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 590%. Over the period under review, (cocoyam) imports hit record highs at X tons in 2021, and then reduced sharply in the following year.

In value terms, yautia (cocoyam) imports fell rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 404% against the previous year. Imports peaked at $X in 2021, and then dropped notably in the following year.

Imports by Country

In 2022, Cameroon (X tons) constituted the largest supplier of yautia (cocoyam) to Belgium, accounting for a 65% share of total imports. Moreover, yautia (cocoyam) imports from Cameroon exceeded the figures recorded by the second-largest supplier, Ghana (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Cameroon totaled +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Ghana (+664.7% per year) and Uganda (+82.6% per year).

In value terms, Cameroon ($X), Ghana ($X) and Uganda ($X) constituted the largest yautia (cocoyam) suppliers to Belgium, with a combined 97% share of total imports.

In terms of the main suppliers, Ghana, with a CAGR of +739.4%, recorded the highest rates of growth with regard to 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 2022, the average yautia (cocoyam) import price amounted to $X per ton, declining by -7.6% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2015 an increase of 542% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ghana ($X per ton), while the price for Cameroon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+9.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yautia in the world?

The countries with the highest volumes of yautia cocoyam) consumption in 2020 were Cuba, Venezuela and Nicaragua, together comprising 58% of global consumption. These countries were followed by El Salvador, Mexico, the Dominican Republic and the U.S., which together accounted for a further 36%.

What are the largest producers of yautia in the world?

The countries with the highest volumes of yautia cocoyam) production in 2020 were Cuba, Venezuela and Nicaragua, with a combined 60% share of global production. These countries were followed by Mexico, El Salvador, the Dominican Republic and Costa Rica, which together accounted for a further 35%.

What are the leading suppliers of yautia to Belgium?

In value terms, Cameroon and Ghana appeared to be the largest yautia cocoyam) suppliers to Belgium.

What are the leading importers of yautia from Belgium?

In value terms, the largest markets for yautia cocoyam) exported from Belgium were France, Germany and the Netherlands, together comprising 97% of total exports.

What is the average export price for yautia in Belgium?

In 2020, the average yautia cocoyam) export price amounted to $1,817 per ton, rising by 28% against the previous year.

What is the average import price for yautia in Belgium?

The average yautia cocoyam) import price stood at $1,116 per ton in 2020, reducing by -13.3% against the previous year.

This report provides an in-depth analysis of the yautia (cocoyam) market in Belgium. 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 135 - Yautia (Cocoyam)

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023