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Spain - Yautia - Market Analysis, Forecast, Size, Trends and Insights

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Spain: Yautia (Cocoyam) Market 2024

Yautia (Cocoyam) Market Size in Spain

The Spanish yautia (cocoyam) market surged to $X in 2022, increasing by 365% 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). Over the period under review, consumption, however, recorded a perceptible descent. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Yautia (Cocoyam) Exports

Exports from Spain

Yautia (cocoyam) exports from Spain contracted remarkably to X tons in 2022, dropping by -68.7% compared with 2021. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 876% against the previous year. Over the period under review, the (cocoyam) exports reached the maximum at X tons in 2021, and then declined significantly in the following year.

In value terms, yautia (cocoyam) exports dropped dramatically to $X in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 969% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for yautia (cocoyam) exports from Spain, accounting for a 47% share of total exports. Moreover, yautia (cocoyam) exports to France exceeded the volume sent to the second major destination, Belgium (X tons), twofold. Portugal (X tons) ranked third in terms of total exports with an 18% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at +20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+6.8% per year) and Portugal (+40.5% per year).

In value terms, the largest markets for yautia (cocoyam) exported from Spain were France ($X), Belgium ($X) and Portugal ($X), with a combined 90% share of total exports.

In terms of the main countries of destination, Portugal, with a CAGR of +44.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average yautia (cocoyam) export price stood at $X per ton in 2022, jumping by 17% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 34%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Yautia (Cocoyam) Imports

Imports into Spain

In 2022, supplies from abroad of yautia decreased by -37.2% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, saw modest growth. The most prominent rate of growth was recorded in 2018 with an increase of 238%. Over the period under review, (cocoyam) imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, yautia (cocoyam) imports reduced notably to $X in 2022. Over the period under review, imports, however, saw a moderate expansion. The growth pace was the most rapid in 2018 when imports increased by 229% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Costa Rica (X tons), Ecuador (X tons) and the Netherlands (X tons) were the main suppliers of yautia (cocoyam) imports to Spain, together comprising 99% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of +160.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest yautia (cocoyam) suppliers to Spain were Ecuador ($X), Costa Rica ($X) and the Netherlands ($X), with a combined 99% share of total imports.

In terms of the main suppliers, Ecuador, with a CAGR of +154.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average yautia (cocoyam) import price amounted to $X per ton, rising by 15% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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, with a combined 58% share of global consumption. El Salvador, Mexico, the Dominican Republic and the U.S. lagged somewhat behind, together accounting 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. Mexico, El Salvador, the Dominican Republic and Costa Rica lagged somewhat behind, together accounting for a further 35%.

What are the leading suppliers of yautia to Spain?

In value terms, the Netherlands constituted the largest supplier of yautia cocoyam) to Spain, comprising 85% of total imports. The second position in the ranking was occupied by Ecuador, with a 8% share of total imports.

What are the leading importers of yautia from Spain?

In value terms, France remains the key foreign market for yautia cocoyam) exports from Spain, comprising 56% of total exports. The second position in the ranking was occupied by Portugal, with a 27% share of total exports. It was followed by the UK, with a 9.4% share.

What is the average export price for yautia in Spain?

In 2020, the average yautia cocoyam) export price amounted to $2,352 per ton, declining by -1.9% against the previous year.

What is the average import price for yautia in Spain?

In 2020, the average yautia cocoyam) import price amounted to $1,730 per ton, picking up by 35% against the previous year.

This report provides an in-depth analysis of the yautia (cocoyam) market in Spain. 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:

Spain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Spain
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