Guinea-Bissau: Roots And Tubers Market 2020

Roots And Tubers Market Size in Guinea-Bissau

The revenue of the roots and tubers market in Guinea-Bissau amounted to $X in 2018, approximately mirroring the previous year. In general, roots and tubers consumption continues to indicate a tangible expansion. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. In that year, the roots and tubers market reached its peak level of $X. From 2011 to 2018, the growth of the roots and tubers market remained at a lower figure.

Roots And Tubers Production in Guinea-Bissau

In value terms, roots and tubers production amounted to $X in 2018 estimated in export prices. Overall, roots and tubers production continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. In that year, roots and tubers production attained its peak level of $X. From 2011 to 2018, roots and tubers production growth remained at a somewhat lower figure.

In 2018, the average yield of roots and tubers in Guinea-Bissau totaled X ton per ha, falling by -X% against the previous year. Overall, the roots and tubers yield continues to indicate a mild reduction. The pace of growth was the most pronounced in 2008 when yield increased by X% against the previous year. In that year, the roots and tubers yield attained its peak level of X ton per ha. From 2009 to 2018, the growth of the roots and tubers yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of roots and tubers were harvested in Guinea-Bissau; growing by X% against the previous year. In general, the roots and tubers harvested area continues to indicate strong growth. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to roots and tubers production reached its peak figure at X ha in 2012; however, from 2013 to 2018, harvested area remained at a lower figure.

Roots And Tubers Exports

Exports from Guinea-Bissau

Roots and tubers exports from Guinea-Bissau stood at X kg in 2018, dropping by -X% against the previous year. In general, roots and tubers exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Guinea-Bissau exports peaked at X kg in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

In value terms, roots and tubers exports stood at $X in 2018. Overall, roots and tubers exports continue to indicate a sharp slump. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Guinea-Bissau exports peaked at $X in 2010; however, from 2011 to 2018, exports remained at a lower figure.

Exports by Country

Thailand was the major exporter of roots and tubers in the world, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2018. Cambodia (X tons) held an X% share (based on tons) of total exports, which put it in second place, followed by the U.S. (X%). Vietnam (X tons), Lao People's Democratic Republic (X tons), China (X tons) and Costa Rica (X tons) followed a long way behind the leaders.

Exports from Thailand increased at an average annual rate of +X% from 2007 to 2018. 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 ($X) remains the largest roots and tubers supplier from Guinea-Bissau, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Thailand totaled +X%. In the other countries, the average annual rates were as follows: Cambodia (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

The roots and tubers export price in Guinea-Bissau stood at $X per ton in 2018, falling by -X% against the previous year. Overall, the roots and tubers export price, however, continues to indicate a strong increase. Guinea-Bissau export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

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 Guinea-Bissau

In 2018, approx. X kg of roots and tubers were imported into Guinea-Bissau; approximately mirroring the previous year. Over the period under review, roots and tubers imports continue to indicate a resilient increase. Over the period under review, roots and tubers imports reached their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, roots and tubers imports stood at $X in 2018. Overall, roots and tubers imports continue to indicate a drastic shrinkage. Guinea-Bissau imports peaked at $X in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

Imports by Country

China prevails in roots and tubers imports structure, recording X tons, which was approx. X% of total imports in 2018. The following importers - the U.S. (X tons), the UK (X tons) and South Korea (X tons) - together made up X% 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. From 2007 to 2018, the share of China increased by +X% percentage points, while South Korea (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In 2018, the roots and tubers import price in Guinea-Bissau amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the roots and tubers import price continues to indicate a drastic decrease. Over the period under review, the import prices for roots and tubers attained their peak figure at $X per ton in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

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