Report Update Nov 1, 2024

U.S. - Yautia - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Yautia (Cocoyam) Market 2024

Yautia (Cocoyam) Market Size in the U.S.

In 2022, the U.S. yautia (cocoyam) market increased by 50% to $X, rising for the second consecutive year after three years of decline. In general, consumption posted prominent growth. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Yautia (Cocoyam) Exports

Exports from the U.S.

After two years of growth, shipments abroad of yautia decreased by -2.6% to X tons in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 346% against the previous year. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, yautia (cocoyam) exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 446% against the previous year. Over the period under review, the (cocoyam) exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Canada (X tons) was the main destination for yautia (cocoyam) exports from the United States, with a 94% share of total exports. Moreover, yautia (cocoyam) exports to Canada exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to +44.2%.

In value terms, Canada ($X) remains the key foreign market for yautia exports from the United States, comprising 89% of total exports. The second position in the ranking was taken by Belgium ($X), with a 4.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada totaled +49.5%.

Export Prices by Country

In 2022, the average yautia (cocoyam) export price amounted to $X per ton, picking up by 78% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, yautia (cocoyam) export price increased by +102.9% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.7%).

Yautia (Cocoyam) Imports

Imports into the U.S.

In 2022, supplies from abroad of yautia increased by 19% to X tons, rising for the second year in a row after three years of decline. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by 193% against the previous year. Over the period under review, (cocoyam) imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, yautia (cocoyam) imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 348%. Over the period under review, (cocoyam) imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Mexico (X tons) constituted the largest yautia (cocoyam) supplier to the United States, accounting for a 38% share of total imports. Moreover, yautia (cocoyam) imports from Mexico exceeded the figures recorded by the second-largest supplier, Nicaragua (X tons), twofold. Costa Rica (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico amounted to +41.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Nicaragua (+33.3% per year) and Costa Rica (+15.9% per year).

In value terms, Costa Rica ($X), Nicaragua ($X) and Mexico ($X) constituted the largest yautia (cocoyam) suppliers to the United States, together accounting for 69% of total imports. The Dominican Republic and Ecuador lagged somewhat behind, together comprising a further 31%.

In terms of the main suppliers, the Dominican Republic, with a CAGR of +51.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average yautia (cocoyam) import price amounted to $X per ton, picking up by 39% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the average import price increased by 53%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 the Dominican Republic ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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 the U.S.?

In value terms, Nicaragua constituted the largest supplier of yautia cocoyam) to the U.S., comprising 9.7% of total imports. The second position in the ranking was occupied by Costa Rica, with a 4.8% share of total imports. It was followed by Ecuador, with a 4.4% share.

What are the leading importers of yautia from the U.S.?

In value terms, Canada remains the key foreign market for yautia cocoyam) exports from the U.S., comprising 2,680% of total exports. The second position in the ranking was occupied by Costa Rica, with a 101% share of total exports.

What is the average export price for yautia in the U.S.?

In 2020, the average yautia cocoyam) export price amounted to $1,440 per ton, waning by -34.5% against the previous year.

What is the average import price for yautia in the U.S.?

In 2020, the average yautia cocoyam) import price amounted to $1,165 per ton, rising by 3.2% against the previous year.

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

United States

Data coverage:

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