Equatorial Guinea: Roots And Tubers Market 2020

Roots And Tubers Market Size in Equatorial Guinea

The revenue of the roots and tubers market in Equatorial Guinea amounted to $X in 2018, jumping by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the market value increased by X% against the previous year. In that year, the roots and tubers market attained its peak level of $X. From 2016 to 2018, the growth of the roots and tubers market remained at a somewhat lower figure.

Roots And Tubers Production in Equatorial Guinea

In value terms, roots and tubers production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when production volume increased by X% year-to-year. In that year, roots and tubers production reached its peak level of $X. From 2016 to 2018, roots and tubers production growth remained at a lower figure.

In 2018, the average roots and tubers yield in Equatorial Guinea amounted to X ton per ha, growing by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the roots and tubers yield attained its peak figure level in 2018 and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the roots and tubers harvested area in Equatorial Guinea totaled X ha, approximately reflecting the previous year. Overall, the roots and tubers harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when harvested area increased by X% against the previous year. The global roots and tubers harvested area peaked at X ha in 2014; however, from 2015 to 2018, harvested area stood at a somewhat lower figure.

Roots And Tubers Exports

Exports from Equatorial Guinea

Roots and tubers exports from Equatorial Guinea amounted to X kg in 2018, going up by X% against the previous year. Over the period under review, roots and tubers exports continue to indicate an extraordinary increase. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. In that year, roots and tubers exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, roots and tubers exports stood at $X in 2018. In general, roots and tubers exports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. In that year, roots and tubers exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

Thailand represented the key exporter of roots and tubers in the world, with the volume of exports accounting for X tons, which was near X% of total exports in 2018. Cambodia (X tons) took the second position in the ranking, distantly followed by the U.S. (X tons). All these countries together occupied near X% share of total exports. Vietnam (X tons), Lao People's Democratic Republic (X tons), China (X tons) and Costa Rica (X tons) held a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to roots and tubers exports from Thailand stood at +X%. At the same time, Cambodia (+X%), Lao People's Democratic Republic (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Vietnam (-X%), Costa Rica (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Thailand, Cambodia, the U.S. and Lao People's Democratic Republic increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest roots and tubers supplier from Equatorial Guinea, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

In Thailand, roots and tubers exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Cambodia (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2018, the roots and tubers export price in Equatorial Guinea amounted to $X per ton, surging by X% against the previous year. In general, the export price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, roots and tubers export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. In that year, the export prices for roots and tubers reached their peak level and is likely to continue its growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic, while the other leaders experienced more modest paces of growth.

Roots And Tubers Imports

Imports into Equatorial Guinea

Roots and tubers imports into Equatorial Guinea amounted to X tons in 2018, going down by -X% against the previous year. In general, roots and tubers imports continue to indicate an abrupt setback. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. In that year, roots and tubers imports reached their peak of X tons. From 2011 to 2018, the growth of roots and tubers imports remained at a lower figure.

In value terms, roots and tubers imports amounted to $X in 2018. In general, roots and tubers imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, roots and tubers imports reached their maximum at $X in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

Imports by Country

China prevails in roots and tubers imports structure, amounting to X tons, which was near X% of total imports in 2018. The U.S. (X tons), the UK (X tons) and South Korea (X tons) held a relatively small share of total imports.

China was also the fastest-growing in terms of the roots and tubers imports, with a CAGR of +X% from 2007 to 2018. At the same time, the UK (+X%) and the U.S. (+X%) displayed positive paces of growth. By contrast, South Korea (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of South Korea (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported roots and tubers into Equatorial Guinea, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

In China, roots and tubers imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and the UK (+X% per year).

Import Prices by Country

The roots and tubers import price in Equatorial Guinea stood at $X per ton in 2018, going up by X% against the previous year. In general, the roots and tubers import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2015 when the import price increased by X% y-o-y. Over the period under review, the import prices for roots and tubers attained their maximum in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while South Korea ($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 a decline in the import price figures.

Source: IndexBox Platform