China - Roots And Tubers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRoot and Tuber Price in China - 2023
Contents:
- Root and Tuber Price in China (CIF) - 2022
- Root and Tuber Price in China (FOB) - 2022
- Root and Tuber Imports in China
- Root and Tuber Exports in China
Root and Tuber Price in China (CIF) - 2022
The average root and tuber import price stood at $287 per ton in 2022, surging by 3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2018 when the average import price increased by 32%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($293 per ton), while the price for Thailand amounted to $286 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.1%).
Root and Tuber Price in China (FOB) - 2022
The average root and tuber export price stood at $735 per ton in 2022, growing by 3.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2013 an increase of 26%. The export price peaked at $868 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($1,806 per ton), while the average price for exports to Myanmar ($254 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 Russia (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Root and Tuber Imports in China
For the fourth consecutive year, China recorded growth in supplies from abroad of roots and tubers, which increased by 29% to 7.1M tons in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, root and tuber imports surged to $2B in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 96%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Root and Tuber in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 560 | 626 | 1,359 | 1,856 | 49.1% |
| Vietnam | 50.3 | 96.0 | 154 | 167 | 49.2% |
| Others | 32.7 | 62.3 | 25.0 | 15.8 | -21.5% |
| Total | 644 | 785 | 1,539 | 2,039 | 46.8% |
Top Suppliers of Root and Tuber to China in 2022:
- Thailand (6.5M tons)
- Vietnam (0.6M tons)
Root and Tuber Exports in China
In 2022, shipments abroad of roots and tubers was finally on the rise to reach 586K tons after two years of decline. Over the period under review, exports, however, showed a pronounced contraction.
In value terms, root and tuber exports stood at $430M in 2022. In general, exports, however, saw a deep reduction.
| Export of Root and Tuber in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 130 | 145 | 150 | 134 | 1.0% |
| Malaysia | 50.0 | 54.0 | 63.0 | 80.9 | 17.4% |
| Japan | 70.9 | 67.3 | 70.1 | 75.8 | 2.3% |
| Hong Kong SAR | 242 | 115 | 27.6 | 27.6 | -51.5% |
| Thailand | 11.5 | 11.3 | 15.8 | 25.8 | 30.9% |
| Myanmar | 0.2 | N/A | 1.2 | 20.8 | 370.3% |
| United States | 12.2 | 13.1 | 11.9 | 14.5 | 5.9% |
| Russia | 16.7 | 0.6 | 0.3 | 12.2 | -9.9% |
| Singapore | 11.2 | 16.6 | 9.2 | 9.5 | -5.3% |
| Sri Lanka | 4.4 | 6.5 | 2.4 | 1.6 | -28.6% |
| Others | 28.0 | 29.4 | 27.6 | 27.7 | -0.4% |
| Total | 577 | 458 | 379 | 430 | -9.3% |
Top Export Markets for Root and Tuber from China in 2022:
- Vietnam (159.5K tons)
- Malaysia (141.1K tons)
- Myanmar (81.9K tons)
- Thailand (57.3K tons)
- Japan (42.0K tons)
- Singapore (22.0K tons)
- Hong Kong SAR (16.8K tons)
- Russia (14.2K tons)
- United States (9.1K tons)
- Sri Lanka (4.9K tons)
This report provides an in-depth analysis of the root and tuber market in China. 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 125 - Cassava
- FCL 149 - Roots and tubers nes
- FCL 122 - Sweet potatoes
- FCL 136 - Taro (Cocoyam)
- FCL 137 - Yams
- FCL 135 - Yautia (Cocoyam)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
644
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