Western Africa - Yautia - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWestern Africa: Yautia (Cocoyam) Market 2024
Yautia (Cocoyam) Market Size in Western Africa
The West African yautia (cocoyam) market totaled $X in 2022, remaining constant against the previous year. The total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, (cocoyam) consumption decreased by -0.3% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.
Yautia (Cocoyam) Production in Western Africa
In value terms, yautia (cocoyam) production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 22%. Over the period under review, (cocoyam) production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.
The countries with the highest volumes of production in 2022 were Nigeria (X tons), Cote d'Ivoire (X tons) and Togo (X kg).
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Nigeria (with a CAGR of +2.0%), while production for the other leaders experienced more modest paces of growth.
Yautia (Cocoyam) Exports
Exports in Western Africa
In 2019, after two years of decline, there was significant decline in shipments abroad of yautia, when their volume decreased by -76% to X kg. In general, exports showed a sharp descent. The most prominent rate of growth was recorded in 2016 with an increase of 157% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2019, the growth of the (cocoyam) exports failed to regain momentum.
In value terms, yautia (cocoyam) exports dropped sharply to $X in 2019. Overall, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2016 when exports increased by 237% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2019, the growth of the (cocoyam) exports failed to regain momentum.
Exports by Country
Cote d'Ivoire (X kg) represented roughly 100% of total exports in 2019.
Cote d'Ivoire was also the fastest-growing in terms of the yautia exports, with a CAGR of -60.1% from 2015 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, Cote d'Ivoire ($X) also remains the largest yautia (cocoyam) supplier in Western Africa.
From 2015 to 2019, the average annual rate of growth in terms of value in Cote d'Ivoire stood at -58.7%.
Export Prices by Country
In 2019, the export price in Western Africa amounted to $X per ton, picking up by 21% against the previous year. Overall, the export price posted a noticeable expansion. The most prominent rate of growth was recorded in 2016 when the export price increased by 31% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2019, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2015 to 2019, the rate of growth in terms of prices for Cote d'Ivoire amounted to +3.7% per year.
Yautia (Cocoyam) Imports
Imports in Western Africa
In 2022, overseas purchases of yautia decreased by -99.9% to X kg for the first time since 2018, thus ending a three-year declining trend. Overall, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2018 with an increase of 611% against the previous year. The volume of import peaked at X tons in 2021, and then declined notably in the following year.
In value terms, yautia (cocoyam) imports contracted rapidly to $X in 2022. In general, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 1,407% against the previous year. The level of import peaked at $X in 2021, and then plummeted in the following year.
Imports by Country
The countries with the highest levels of yautia (cocoyam) imports in 2022 were Saint Helena, Ascension and Tristan da Cunha (X kg), together amounting to 100% of total import.
Saint Helena, Ascension and Tristan da Cunha was also the fastest-growing in terms of the yautia imports, with a CAGR of -50.9% from 2016 to 2022. Saint Helena, Ascension and Tristan da Cunha (+99 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Saint Helena, Ascension and Tristan da Cunha ($X) constitutes the largest market for imported yautia in Western Africa.
From 2016 to 2022, the average annual rate of growth in terms of value in Saint Helena, Ascension and Tristan da Cunha amounted to -50.0%.
Import Prices by Country
The import price in Western Africa stood at $X per ton in 2022, increasing by 1,284% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when the import price increased by 1,284%. As a result, import price reached the peak level of $X per ton, leveling off in the following year.
As there is only one major supplying country, the average price level is determined by prices for Saint Helena, Ascension and Tristan da Cunha.
From 2016 to 2022, the rate of growth in terms of prices for Saint Helena, Ascension and Tristan da Cunha amounted to +1.9% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the yautia (cocoyam) market in Western Africa. 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:
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Western Africa, split by region and country
- Trade (exports and imports) in Western Africa
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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