Report Update Nov 1, 2024

Puerto Rico - Yautia - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Yautia (Cocoyam) Market 2024

Yautia (Cocoyam) Market Size in Puerto Rico

The Puerto Rican yautia (cocoyam) market surged to $X in 2021, picking up by 19% against the previous year. Over the period under review, consumption, however, showed a drastic downturn. Puerto Rico consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Yautia (Cocoyam) Production in Puerto Rico

In value terms, yautia (cocoyam) production surged to $X in 2021 estimated in export price. In general, production, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 76% against the previous year. Over the period under review, (cocoyam) production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

The average yield of yautia in Puerto Rico amounted to X tons per ha in 2021, approximately equating 2020. In general, the yield, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2015 with an increase of 135% against the previous year. Over the period under review, the yautia (cocoyam) yield reached the maximum level at X tons per ha in 2012; however, from 2013 to 2021, the 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 2021, approx. X ha of yautia were harvested in Puerto Rico; with an increase of 2.7% against the year before. Over the period under review, the harvested area, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 28% against the previous year. Over the period under review, the harvested area dedicated to yautia (cocoyam) production attained the peak figure at X ha in 2013; however, from 2014 to 2021, the harvested area remained at a lower figure.

Yautia (Cocoyam) Exports

Exports by Country

Ecuador represented the key exporting country with an export of about X tons, which accounted for 45% of total exports. It was distantly followed by Nicaragua (X tons), Mexico (X tons), Vietnam (X tons), Costa Rica (X tons) and the Dominican Republic (X tons), together comprising a 45% share of total exports. The following exporters - China (X tons) and the United States (X tons) - together made up 7.1% of total exports.

Exports from Ecuador increased at an average annual rate of +22.8% from 2012 to 2021. At the same time, the United States (+51.7%), China (+30.9%) and Mexico (+11.5%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in the world, with a CAGR of +51.7% from 2012-2021. By contrast, Vietnam (-2.9%), Nicaragua (-5.9%), Costa Rica (-13.2%) and the Dominican Republic (-19.8%) illustrated a downward trend over the same period. While the share of Ecuador (+37 p.p.), Mexico (+7.3 p.p.), China (+3.4 p.p.) and the United States (+3.3 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Vietnam (-3.8 p.p.), Nicaragua (-11.8 p.p.), the Dominican Republic (-13.2 p.p.) and Costa Rica (-23.4 p.p.) displayed negative dynamics.

In value terms, Ecuador ($X) emerged as the largest yautia (cocoyam) supplier from Puerto Rico, comprising 50% of global exports. The second position in the ranking was held by Nicaragua ($X), with an 11% share of global exports. It was followed by Costa Rica, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value in Ecuador amounted to +31.5%. In the other countries, the average annual rates were as follows: Nicaragua (-2.2% per year) and Costa Rica (-11.4% per year).

Yautia (Cocoyam) Imports

Imports by Country

The United States was the main importing country with an import of about X tons, which finished at 64% of total imports. Vietnam (X tons) ranks second in terms of the total imports with a 10% share, followed by Taiwan (Chinese) (8.1%) and Canada (5.8%). The Netherlands (X tons) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to yautia (cocoyam) imports into the United States stood at +15.7%. At the same time, Vietnam (+35.9%), the Netherlands (+31.9%), Canada (+19.9%) and Taiwan (Chinese) (+9.9%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of +35.9% from 2012-2021. While the share of Vietnam (+8.2 p.p.), the United States (+8.2 p.p.), Canada (+2.1 p.p.) and the Netherlands (+2 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Taiwan (Chinese) (-3.2 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported yautia into Puerto Rico, comprising 57% of global imports. The second position in the ranking was taken by Vietnam ($X), with a 14% share of global imports. It was followed by Taiwan (Chinese), with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at +16.1%. In the other countries, the average annual rates were as follows: Vietnam (+28.4% per year) and Taiwan (Chinese) (+3.4% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yautia in the world?

The countries with the highest volumes of yautia cocoyam) consumption in 2020 were Cuba, Venezuela and Nicaragua, together comprising 58% of global consumption. These countries were followed by El Salvador, Mexico, the Dominican Republic and the U.S., which together accounted for a further 36%.

What are the largest producers of yautia in the world?

The countries with the highest volumes of yautia cocoyam) production in 2020 were Cuba, Venezuela and Nicaragua, with a combined 60% share of global production. These countries were followed by Mexico, El Salvador, the Dominican Republic and Costa Rica, which together accounted for a further 35%.

What are the leading suppliers of yautia to Puerto Rico?

In value terms, the U.S. constitutes the largest market for imported yautia into Puerto Rico, comprising 81% of global imports. The second position in the ranking was occupied by Vietnam, with a 5.5% share of global imports. It was followed by Taiwan Chinese), with a 2.7% share.

What are the leading importers of yautia from Puerto Rico?

In value terms, Mexico remains the largest yautia cocoyam) supplier from Puerto Rico, comprising 35% of global exports. The second position in the ranking was occupied by Nicaragua, with a 15% share of global exports. It was followed by Vietnam, with a 15% share.

What is the average export price for yautia in Puerto Rico?

In 2020, the yautia cocoyam) export price in Puerto Rico amounted to $0 per ton, stabilizing at the previous year.

What is the average import price for yautia in Puerto Rico?

The yautia cocoyam) import price in Puerto Rico stood at $0 per ton in 2020, approximately equating the previous year.

This report provides an in-depth analysis of the yautia (cocoyam) market in Puerto Rico. 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 135 - Yautia (Cocoyam)

Country coverage:

Puerto Rico

Data coverage:

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

Reasons to buy this report:

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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
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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