Democratic Republic of the Congo: Sweet Potato Market 2020

Sweet Potato Market Size in Democratic Republic of the Congo

The revenue of the sweet potato market in Democratic Republic of the Congo amounted to $X in 2018, jumping by X% against the previous year. In general, sweet potato consumption continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2012 when the market value increased by X% y-o-y. Democratic Republic of the Congo sweet potato consumption peaked in 2018 and is likely to continue its growth in the near future.

Sweet Potato Production in Democratic Republic of the Congo

In value terms, sweet potato production stood at $X in 2018 estimated in export prices. Over the period under review, sweet potato production continues to indicate buoyant growth. The pace of growth was the most pronounced in 2012 when production volume increased by X% year-to-year. Democratic Republic of the Congo sweet potato production peaked in 2018 and is likely to see steady growth in the near future.

In 2018, the average sweet potato yield in Democratic Republic of the Congo stood at X ton per ha, leveling off at the previous year. Overall, the sweet potato yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, the sweet potato yield attained its peak figure level at X ton per ha in 2010; however, from 2011 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Sweet potato harvested area in Democratic Republic of the Congo amounted to X ha in 2018, growing by X% against the previous year. Overall, the sweet potato harvested area continues to indicate strong growth. The pace of growth appeared the most rapid in 2012 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to sweet potato production attained its peak figure at X ha in 2015; however, from 2016 to 2018, harvested area stood at a somewhat lower figure.

Sweet Potato Exports

Exports from Democratic Republic of the Congo

Sweet potato exports from Democratic Republic of the Congo stood at X tons in 2018, increasing by X% against the previous year. Over the period under review, sweet potato exports continue to indicate outstanding growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. In that year, sweet potato exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, sweet potato exports amounted to $X in 2018. Overall, sweet potato exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. In that year, sweet potato exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, the U.S. (X tons) represented the key exporter of sweet potato, constituting X% of total exports. The Netherlands (X tons) held the second position in the ranking, distantly followed by China (X tons), Egypt (X tons) and Spain (X tons). All these countries together took approx. X% share of total exports. Honduras (X tons), Vietnam (X tons), Lao People's Democratic Republic (X tons) and the UK (X tons) followed a long way behind the leaders.

Exports from the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, the Netherlands (+X%), Spain (+X%), Lao People's Democratic Republic (+X%), the UK (+X%), Egypt (+X%), Honduras (+X%), Vietnam (+X%) and China (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. While the share of the U.S. (+X p.p.), the Netherlands (+X p.p.), Spain (+X p.p.), Egypt (+X p.p.), China (+X p.p.), Honduras (+X p.p.), Lao People's Democratic Republic (+X p.p.), the UK (+X p.p.) and Vietnam (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), the Netherlands ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. China, Vietnam, Egypt, Honduras, the UK, Lao People's Democratic Republic and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X the main exporting countries, Democratic Republic of the Congo (+X% per year) experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The sweet potato export price in Democratic Republic of the Congo stood at $X per ton in 2018, rising by X% against the previous year. In general, the sweet potato export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by X% year-to-year. In that year, the export prices for sweet potato reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Sweet Potato Imports

Imports into Democratic Republic of the Congo

In 2018, the imports of sweet potato into Democratic Republic of the Congo stood at X kg, coming down by -X% against the previous year. Overall, sweet potato imports continue to indicate an abrupt reduction. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. In that year, sweet potato imports attained their peak of X tons. From 2016 to 2018, the growth of sweet potato imports remained at a somewhat lower figure.

In value terms, sweet potato imports amounted to $X in 2018. Overall, sweet potato imports continue to indicate a moderate deduction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, sweet potato imports attained their maximum at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The UK (X tons) and the Netherlands (X tons) were the largest importers of sweet potato in 2018, resulting at approx. X% and X% of total imports, respectively. Canada (X tons) held an X% share (based on tons) of total imports, which put it in second place, followed by France (X%), Belgium (X%) and Germany (X%). The following importers - Thailand (X tons), Japan (X tons), the U.S. (X tons) and Malaysia (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Belgium, while the other leaders experienced more modest paces of growth.

In value terms, the largest sweet potato importing markets into Democratic Republic of the Congo were the UK ($X), the Netherlands ($X) and Canada ($X), with a combined X% share of total imports. France, Germany, Belgium, Japan, the U.S., Thailand, Malaysia and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X the main importing countries, Belgium experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the sweet potato import price in Democratic Republic of the Congo amounted to $X per ton, rising by X% against the previous year. In general, the sweet potato import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when the import price increased by X% year-to-year. Democratic Republic of the Congo import price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform