Report Update Nov 1, 2024

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

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Thailand: Yautia (Cocoyam) Market 2024

Yautia (Cocoyam) Market Size in Thailand

In 2022, the Thai yautia (cocoyam) market was finally on the rise to reach $X after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. Yautia (cocoyam) consumption peaked at $X in 2012; afterwards, it flattened through to 2022.

Yautia (Cocoyam) Production in Thailand

In value terms, yautia (cocoyam) production shrank slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 12%. Over the period under review, (cocoyam) production attained the maximum level at $X in 2012; afterwards, it flattened through to 2022.

In 2022, the average yautia (cocoyam) yield in Thailand amounted to less than X kg per ha, approximately equating the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The yautia (cocoyam) harvested area in Thailand totaled less than X ha in 2022, remaining stable against the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern.

Yautia (Cocoyam) Exports

Exports from Thailand

After two years of growth, overseas shipments of yautia decreased by -64.8% to X tons in 2022. Overall, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by 2,271%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the (cocoyam) exports failed to regain momentum.

In value terms, yautia (cocoyam) exports fell sharply to $X in 2022. In general, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 597%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X tons), Myanmar (X tons) and Lao People's Democratic Republic (X kg) were the main destinations of yautia (cocoyam) exports from Thailand, together comprising 94% of total exports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +8.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the key foreign market for yautia exports from Thailand, comprising 81% of total exports. The second position in the ranking was taken by the UK ($X), with a 7.3% share of total exports. It was followed by New Zealand, with a 5.1% share.

From 2012 to 2022, the average annual growth rate of value to Australia totaled +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (0.0% per year) and New Zealand (-5.0% per year).

Export Prices by Country

In 2022, the average yautia (cocoyam) export price amounted to $X per ton, declining by -8.5% against the previous year. Overall, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of 202%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Myanmar ($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 Lao People's Democratic Republic (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Yautia (Cocoyam) Imports

Imports into Thailand

In 2022, supplies from abroad of yautia decreased by 0% to X tons, falling for the third year in a row after two years of growth. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 935%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, yautia (cocoyam) imports totaled $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 735% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Vietnam (X tons) was the main supplier of yautia (cocoyam) to Thailand, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Vietnam was relatively modest.

In value terms, Vietnam ($X) constituted the largest supplier of yautia to Thailand.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam was relatively modest.

Import Prices by Country

In 2022, the average yautia (cocoyam) import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price recorded a significant decrease. The most prominent rate of growth was recorded in 2016 an increase of 16% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -2.3% 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, 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, together accounting for 60% of global production. Mexico, El Salvador, the Dominican Republic and Costa Rica lagged somewhat behind, together comprising a further 35%.

What are the leading suppliers of yautia to Thailand?

In value terms, Japan constituted the largest supplier of yautia cocoyam) to Thailand.

What are the leading importers of yautia from Thailand?

In value terms, Australia remains the key foreign market for yautia cocoyam) exports from Thailand, comprising 82% of total exports. The second position in the ranking was occupied by New Zealand, with a 9.7% share of total exports. It was followed by Denmark, with a 4.2% share.

What is the average export price for yautia in Thailand?

In 2020, the average yautia cocoyam) export price amounted to $2,330 per ton, shrinking by -6.8% against the previous year.

What is the average import price for yautia in Thailand?

The average yautia cocoyam) import price stood at $13,602 per ton in 2020, rising by 157% against the previous year.

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

Thailand

Data coverage:

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

Reasons to buy this report:

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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