Southern Asia: Root And Tuber Market 2024

Root And Tuber Market Size in Southern Asia

In 2022, the South Asian root and tuber market decreased by X% to $X, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Root And Tuber Production in Southern Asia

In value terms, root and tuber production reached $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

The country with the largest volume of root and tuber production was India (X tons), accounting for X% of total volume. Moreover, root and tuber production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tons), sixfold. The third position in this ranking was held by Pakistan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in India amounted to X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Pakistan (X% per year).

In 2022, the average root and tuber yield in Southern Asia declined to X tons per ha, therefore, remained relatively stable against 2021. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the yield increased by X%. Over the period under review, the root and tuber yield reached the maximum level at X tons per ha in 2021, and then dropped modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The root and tuber harvested area contracted to X ha in 2022, which is down by X% against 2021. In general, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha, and then contracted in the following year.

Root And Tuber Exports

Exports in Southern Asia

In 2022, the amount of roots and tubers exported in Southern Asia skyrocketed to X tons, jumping by X% on 2021 figures. Over the period under review, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, root and tuber exports skyrocketed to $X in 2022. Overall, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Pakistan was the major exporter of roots and tubers in Southern Asia, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. India (X tons) ranks second in terms of the total exports with a X% share, followed by Bangladesh (X%).

Exports from Pakistan increased at an average annual rate of X% from 2012 to 2022. At the same time, India (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) remains the largest root and tuber supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

In Pakistan, root and tuber exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and Bangladesh (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the export price figures.

Root And Tuber Imports

Imports in Southern Asia

In 2022, the amount of roots and tubers imported in Southern Asia amounted to X tons, growing by X% on the previous year's figure. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, root and tuber imports rose sharply to $X in 2022. Total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Afghanistan (X tons) and Nepal (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Sri Lanka (X tons), achieving a X% share of total imports. Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Pakistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest root and tuber importing markets in Southern Asia were Nepal ($X), Afghanistan ($X) and Sri Lanka ($X), together accounting for X% of total imports. These countries were followed by Pakistan, which accounted for a further X%.

Pakistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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