Report Update Nov 1, 2024

Ireland - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Sweet Potato Market 2024

Sweet Potato Market Size in Ireland

After four years of decline, the Irish sweet potato market increased by 56% to $X in 2021. Over the period under review, consumption recorded a strong increase. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Sweet Potato Exports

Exports from Ireland

In 2021, after four years of growth, there was decline in shipments abroad of sweet potatoes, when their volume decreased by -2.7% to X tons. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2019 with an increase of 1,451% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then reduced in the following year.

In value terms, sweet potato exports rose remarkably to $X in 2021. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 1,344%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for sweet potato exports from Ireland, accounting for a approx. 99% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to the UK stood at +59.9%.

In value terms, the UK ($X) also remains the key foreign market for sweet potatoes exports from Ireland.

From 2013 to 2021, the average annual rate of growth in terms of value to the UK amounted to +58.8%.

Export Prices by Country

In 2021, the average sweet potato export price amounted to $X per ton, increasing by 11% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 34%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2013 to 2021, the rate of growth in terms of prices for the UK amounted to -0.7% per year.

Sweet Potato Imports

Imports into Ireland

In 2021, after four years of decline, there was significant growth in supplies from abroad of sweet potatoes, when their volume increased by 52% to X tons. Overall, imports posted a strong increase. The pace of growth appeared the most rapid in 2016 when imports increased by 79% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, sweet potato imports skyrocketed to $X in 2021. In general, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 67%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest sweet potato supplier to Ireland, with a 60% share of total imports. Moreover, sweet potato imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. The UK (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+18.4% per year) and the UK (-0.3% per year).

In value terms, the United States ($X) constituted the largest supplier of sweet potatoes to Ireland, comprising 54% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 17% share of total imports. It was followed by the UK, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+15.2% per year) and the UK (-2.6% per year).

Import Prices by Country

The average sweet potato import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the import price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2019 when the average import price increased by 28% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sweet potatoes in the world?

China remains the largest sweet potato consuming country worldwide, accounting for 55% of total volume. Moreover, sweet potato consumption in China exceeded the figures recorded by the second-largest consumer, Malawi, eightfold. Tanzania ranked third in terms of total consumption with a 4.6% share.

What are the largest producers of sweet potatoes in the world?

The country with the largest volume of sweet potato production was China, accounting for 56% of total volume. Moreover, sweet potato production in China exceeded the figures recorded by the second-largest producer, Malawi, eightfold. The third position in this ranking was occupied by Tanzania, with a 4.6% share.

What are the leading suppliers of sweet potatoes to Ireland?

In value terms, the United States constituted the largest supplier of sweet potato to Ireland, comprising 55% of total imports. The second position in the ranking was occupied by the Netherlands, with a 16% share of total imports. It was followed by the UK, with a 14% share.

What are the leading importers of sweet potatoes from Ireland?

In value terms, the UK remains the key foreign market for sweet potato exports from Ireland.

What is the average export price for sweet potatoes in Ireland?

The average sweet potato export price stood at $1,708 per ton in 2021, rising by 11% against the previous year.

What is the average import price for sweet potatoes in Ireland?

The average sweet potato import price stood at $951 per ton in 2021, which is down by -6.9% against the previous year.

This report provides an in-depth analysis of the sweet potato market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 122 - Sweet potatoes

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023