Lesotho: Roots And Tubers Market 2020

Roots And Tubers Market Size in Lesotho

The revenue of the roots and tubers market in Lesotho amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, roots and tubers consumption continues to indicate a modest increase. The growth pace was the most rapid in 2013 when the market value increased by X% y-o-y. Over the period under review, the roots and tubers market attained its maximum level in 2018 and is likely to see steady growth in the immediate term.

Roots And Tubers Exports

Exports from Lesotho

Roots and tubers exports from Lesotho stood at X kg in 2018, remaining stable against the previous year. Overall, roots and tubers exports continue to indicate a relatively flat trend pattern. Lesotho exports peaked at X kg in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, roots and tubers exports totaled $X in 2018. Overall, roots and tubers exports continue to indicate a relatively flat trend pattern. Lesotho exports peaked at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Thailand was the main exporter of roots and tubers in the world, with the volume of exports reaching X tons, which was near X% of total exports in 2018. It was distantly followed by Cambodia (X tons) and the U.S. (X tons), together creating a X% share of total exports. Vietnam (X tons), Lao People's Democratic Republic (X tons), China (X tons) and Costa Rica (X tons) took a little share of total exports.

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. Thailand (+X p.p.), Cambodia (+X p.p.), the U.S. (+X p.p.) and Lao People's Democratic Republic (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest roots and tubers supplier from Lesotho, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($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

The roots and tubers export price in Lesotho stood at $X per ton in 2018, therefore, remained relatively stable against the previous year. In general, the roots and tubers export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for roots and tubers reached their maximum at $X per ton in 2016; however, from 2017 to 2018, export prices remained at a 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 Lesotho

In 2018, approx. X tons of roots and tubers were imported into Lesotho; increasing by X% against the previous year. In general, roots and tubers imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. In that year, roots and tubers imports reached their peak of X tons. From 2014 to 2018, the growth of roots and tubers imports failed to regain its momentum.

In value terms, roots and tubers imports amounted to $X in 2018. Overall, roots and tubers imports, however, continue to indicate a noticeable deduction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. In that year, roots and tubers imports reached their peak of $X. From 2014 to 2018, the growth of roots and tubers imports remained at a lower figure.

Imports by Country

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

From 2007 to 2018, the average annual growth rate of value in China stood at +X%. 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 Lesotho amounted to $X per ton, lowering by -X% against the previous year. Over the period under review, the roots and tubers import price continues to indicate a measured slump. The most prominent rate of growth was recorded in 2017 when the import price increased by X% year-to-year. Over the period under review, the import prices for roots and tubers reached their peak figure at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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