Puerto Rico: Yautia (Cocoyam) Market 2025

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

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