China: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in China

For the third year in a row, the Chinese roots and tubers, nes market recorded decline in sales value, which decreased by X% to $X in 2020. Overall, the total consumption indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2014 indices. The growth pace was the most rapid in 2014 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2015 to 2020, the growth of the market remained at a lower figure.

Production of Roots and Tubers, nes in China

In value terms, roots and tubers, nes production shrank modestly to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2015 to 2020, production growth failed to regain the momentum.

The average yield of roots and tubers, nes in China stood at X tons per ha in 2020, remaining stable against the previous year. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, the average roots and tubers, nes yield hit record highs at X tons per ha in 2018; however, from 2019 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The roots and tubers, nes harvested area in China was estimated at X ha in 2020, approximately reflecting 2019 figures. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2012 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to roots and tubers, nes production reached the peak figure in 2020 and is likely to see steady growth in the near future.

Exports of Roots and Tubers, nes

Exports from China

For the third year in a row, China recorded growth in overseas shipments of roots and tubers, nes, which increased by X% to X tons in 2020. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. As a result, exports attained the peak of X tons. from 2017 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, roots and tubers, nes exports amounted to $X in 2020. In general, total exports indicated a moderate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for roots and tubers, nes exports from China, accounting for a X% share of total exports. Moreover, roots and tubers, nes exports to Japan exceeded the volume sent to the second major destination, Vietnam (X tons), twofold. The third position in this ranking was occupied by Malaysia (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Japan amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Malaysia (+X% per year).

In value terms, Japan ($X) remains the key foreign market for roots and tubers, nes exports from China, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Japan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2020, the average roots and tubers, nes export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, export price indicated a notable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, roots and tubers, nes export price decreased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. As a result, export price reached the peak level of $X per ton. from 2015 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Japan ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roots and Tubers, nes

Imports into China

In 2020, overseas purchases of roots and tubers, nes increased by X% to X tons for the first time since 2016, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a slight decline. The pace of growth was the most pronounced in 2009 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, roots and tubers, nes imports soared to $X in 2020. Overall, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Indonesia (X tons) constituted the largest supplier of roots and tubers, nes to China, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Indonesia stood at -X%.

In value terms, Indonesia ($X) constituted the largest supplier of roots and tubers, nes to China.

From 2007 to 2020, the average annual growth rate of value from Indonesia amounted to +X%.

Import Prices by Country

The average roots and tubers, nes import price stood at $X per ton in 2020, declining by -X% against the previous year. Over the period under review, the import price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Indonesia amounted to +X% per year.

Source: IndexBox Platform

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