SADC: Yams Market 2024

Yams Market Size in SADC

The SADC yams market was finally on the rise to reach $X in 2023, after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market remained at a somewhat lower figure.

Yams Production in SADC

In value terms, yams production surged to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2023, production growth remained at a somewhat lower figure.

Democratic Republic of the Congo (X tons) constituted the country with the largest volume of yams production, comprising approx. X% of total volume. Moreover, yams production in Democratic Republic of the Congo exceeded the figures recorded by the second-largest producer, Comoros (X tons), fourfold.

From 2012 to 2023, the average annual growth rate of volume in Democratic Republic of the Congo amounted to X%. In the other countries, the average annual rates were as follows: Comoros (X% per year) and Tanzania (X% per year).

The average yams yield fell to X tons per ha in 2023, remaining constant against 2022 figures. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2023, the growth of the yams yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the yams harvested area in SADC fell to X ha, flattening at the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2022, and then declined in the following year.

Yams Exports

Exports in SADC

In 2023, the amount of yams exported in SADC skyrocketed to X tons, growing by X% on the year before. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2023 and are likely to continue growth in years to come.

In value terms, yams exports skyrocketed to $X in 2023. Over the period under review, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, Tanzania (X tons) represented the key exporter of yams, committing X% of total exports. It was distantly followed by Zambia (X tons), comprising a X% share of total exports. South Africa (X tons) held a relatively small share of total exports.

From 2012 to 2023, the biggest increases were recorded for Zambia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Tanzania ($X) remains the largest yams supplier in SADC, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with an X% share of total exports.

In Tanzania, yams exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Zambia (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced a decline in the export price figures.

Yams Imports

Imports in SADC

After three years of growth, purchases abroad of yams decreased by X% to X tons in 2023. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2022, and then dropped in the following year.

In value terms, yams imports declined to $X in 2023. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.

Imports by Country

South Africa (X tons) represented roughly X% of total imports in 2023.

South Africa was also the fastest-growing in terms of the yams imports, with a CAGR of X% from 2012 to 2023. While the share of South Africa (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported yams in SADC.

In South Africa, yams imports increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in SADC stood at $X per ton in 2023, approximately reflecting the previous year. In general, the import price, however, recorded a moderate expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Source: IndexBox Platform