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Puerto Rico - Roots and Tubers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Root And Tuber Market 2024
Root And Tuber Market Size in Puerto Rico
In 2021, the Puerto Rican root and tuber market increased by 0.1% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption, however, showed a mild downturn. Puerto Rico consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.
Root And Tuber Production in Puerto Rico
In value terms, root and tuber production fell modestly to $X in 2021 estimated in export price. Overall, production, however, saw a slight contraction. The most prominent rate of growth was recorded in 2016 with an increase of 37% against the previous year. Puerto Rico production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.
The average yield of roots and tubers in Puerto Rico was estimated at X tons per ha in 2021, remaining constant against the year before. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 11%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2021, the growth of the root and tuber yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2021, the total area harvested in terms of roots and tubers production in Puerto Rico was estimated at X ha, approximately mirroring the previous year's figure. Over the period under review, the harvested area, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 17% against the previous year. Over the period under review, the harvested area dedicated to root and tuber production reached the peak figure at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.
Root And Tuber Exports
Exports from Puerto Rico
In 2021, exports of roots and tubers from Puerto Rico amounted to less than X kg, flattening at 2020. Over the period under review, exports recorded a relatively flat trend pattern.
In value terms, root and tuber exports stood at less than $X in 2021. Overall, exports saw a relatively flat trend pattern.
Exports by Country
In 2021, Thailand (X tons), distantly followed by the Netherlands (X tons), France (X tons), Germany (X tons) and Belgium (X tons) were the major exporters of roots and tubers, together creating 62% of total exports. The following exporters - Vietnam (X tons), the United States (X tons), Canada (X tons), China (X tons), Egypt (X tons), Pakistan (X tons), Spain (X tons) and India (X tons) - together made up 21% of total exports.
Exports from Thailand increased at an average annual rate of +1.4% from 2012 to 2021. At the same time, India (+13.6%), Egypt (+6.9%), the United States (+5.0%), Spain (+4.7%), Pakistan (+4.1%), the Netherlands (+3.2%), Canada (+3.2%), France (+2.5%) and Belgium (+1.1%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.6% from 2012-2021. China and Germany experienced a relatively flat trend pattern. By contrast, Vietnam (-9.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands increased by +1.6 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest root and tuber supplying countries from Puerto Rico were Thailand ($X), the Netherlands ($X) and France ($X), together comprising 40% of total exports. These countries were followed by the United States, Germany, China, Canada, Vietnam, Egypt, Belgium, Spain, Pakistan and India, which together accounted for a further 36%.
Among the main exporting countries, India, with a CAGR of +15.9%, saw the highest growth rate of 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
In 2021, the export price in Puerto Rico amounted to less than $X per ton, flattening at the previous year. In general, the export price saw a relatively flat trend pattern.
There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while Germany ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+4.3%), while the other leaders experienced more modest paces of growth.
Root And Tuber Imports
Imports into Puerto Rico
In 2021, imports of roots and tubers into Puerto Rico stood at less than X kg, standing approx. at the previous year's figure. Overall, imports showed a relatively flat trend pattern.
In value terms, root and tuber imports stood at less than $X in 2021. Over the period under review, imports showed a relatively flat trend pattern.
Imports by Country
In 2021, China (X tons), distantly followed by Belgium (X tons), Thailand (X tons) and the Netherlands (X tons) were the key importers of roots and tubers, together committing 55% of total imports. Spain (X tons), the United States (X tons), Italy (X tons), Germany (X tons), Russia (X tons), France (X tons), Portugal (X tons), South Korea (X tons) and the UK (X tons) took a minor share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of +14.4%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X) constitutes the largest market for imported roots and tubers into Puerto Rico, comprising 18% of global imports. The second position in the ranking was taken by Belgium ($X), with an 8.4% share of global imports. It was followed by the Netherlands, with a 7.1% share.
From 2012 to 2021, the average annual growth rate of value in China totaled -1.6%. In the other countries, the average annual rates were as follows: Belgium (+8.4% per year) and the Netherlands (+5.1% per year).
Import Prices by Country
The import price in Puerto Rico stood at less than $X per ton in 2021, leveling off at the previous year. In general, the import price continues to indicate a relatively flat trend pattern.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while Thailand ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the root and tuber market in Puerto Rico. 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 Puerto Rico
- 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
- 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
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