Bolivia: Root And Tuber Market 2024

Root And Tuber Market Size in Bolivia

The Bolivian root and tuber market stood at $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Root And Tuber Production in Bolivia

In value terms, root and tuber production reduced markedly to $X in 2022 estimated in export price. Overall, production, however, recorded a dramatic downturn. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

In 2022, the average yield of roots and tubers in Bolivia expanded slightly to X tons per ha, surging by X% compared with 2021 figures. 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 being observed in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The root and tuber yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of roots and tubers in Bolivia declined slightly to X ha, with a decrease of X% compared with the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha, and then fell in the following year.

Root And Tuber Exports

Exports from Bolivia

In 2022, overseas shipments of roots and tubers increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, root and tuber exports soared to $X in 2022. In general, exports enjoyed pronounced growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X tons) was the main destination for root and tuber exports from Bolivia, accounting for a X% share of total exports. Moreover, root and tuber exports to Chile exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Chile totaled X%.

In value terms, Chile ($X) emerged as the key foreign market for roots and tubers exports from Bolivia, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Chile stood at X%.

Export Prices by Country

The average root and tuber export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price recorded a perceptible descent. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Spain stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Root And Tuber Imports

Imports into Bolivia

In 2022, overseas purchases of roots and tubers were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, root and tuber imports skyrocketed to $X in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Peru (X tons) was the main root and tuber supplier to Bolivia, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Peru totaled X%.

In value terms, Peru ($X) constituted the largest supplier of roots and tubers to Bolivia.

From 2012 to 2022, the average annual growth rate of value from Peru amounted to X%.

Import Prices by Country

The average root and tuber import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price recorded a significant increase. The pace of growth was the most pronounced in 2020 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to X% per year.

Source: IndexBox Platform