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Somalia - Roots and Tubers - Market Analysis, Forecast, Size, Trends and Insights
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Roots And Tubers Market Size in Somalia
The revenue of the roots and tubers market in Somalia amounted to $X in 2018, approximately reflecting the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. In that year, the roots and tubers market reached its peak level of $X, leveling off in the following year.
Roots And Tubers Production in Somalia
In value terms, roots and tubers production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. In that year, roots and tubers production reached its peak level of $X, leveling off in the following year.
Average yield of roots and tubers in Somalia amounted to X ton per ha in 2018, remaining constant against the previous year. Over the period under review, the roots and tubers yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. In that year, the roots and tubers yield reached its peak level of X ton per ha. From 2013 to 2018, the growth of the roots and tubers yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2018, the total area harvested in terms of roots and tubers production in Somalia stood at X ha, approximately mirroring the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2009 when harvested area increased by X% year-to-year. The global roots and tubers harvested area peaked in 2018 and is likely to continue its growth in the immediate term.
Roots And Tubers Exports
Exports from Somalia
In 2018, the roots and tubers exports from Somalia totaled X kg, standing approx. at the previous year. In general, roots and tubers exports continue to indicate a relatively flat trend pattern. Somalia exports peaked at X kg in 2014; however, from 2015 to 2018, exports remained at a lower figure.
In value terms, roots and tubers exports totaled $X in 2018. Overall, roots and tubers exports continue to indicate a relatively flat trend pattern. Somalia exports peaked at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.
Exports by Country
Thailand was the key exporter of roots and tubers in the world, with the volume of exports finishing at X tons, which was near X% of total exports in 2018. Cambodia (X tons) ranks second in terms of the total exports with a X% share, followed by the U.S. (X%). Vietnam (X tons), Lao People's Democratic Republic (X tons), China (X tons) and Costa Rica (X tons) followed a long way behind the leaders.
From 2007 to 2018, average annual rates of growth with regard to roots and tubers exports from Thailand stood at +X%. At the same time, Cambodia (+X%), Lao People's Democratic Republic (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Vietnam (-X%), Costa Rica (-X%) and China (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Thailand, Cambodia, the U.S. and Lao People's Democratic Republic increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Thailand ($X) remains the largest roots and tubers supplier from Somalia, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.
In Thailand, roots and tubers exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Cambodia (+X% per year) and Vietnam (+X% per year).
Export Prices by Country
The roots and tubers export price in Somalia stood at $X per ton in 2018, flattening at the previous year. Over the period under review, the roots and tubers export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for roots and tubers reached their maximum at $X per ton in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic, while the other leaders experienced more modest paces of growth.
Roots And Tubers Imports
Imports into Somalia
In 2018, approx. X tons of roots and tubers were imported into Somalia; reducing by -X% against the previous year. Over the period under review, roots and tubers imports continue to indicate an abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, roots and tubers imports reached their maximum at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.
In value terms, roots and tubers imports stood at $X in 2018. Overall, roots and tubers imports continue to indicate an abrupt descent. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. In that year, roots and tubers imports reached their peak of $X. From 2014 to 2018, the growth of roots and tubers imports remained at a lower figure.
Imports by Country
China prevails in roots and tubers imports structure, finishing at X tons, which was approx. X% of total imports in 2018. The following importers - the U.S. (X tons), the UK (X tons) and South Korea (X tons) - together made up X% of total imports.
China was also the fastest-growing in terms of the roots and tubers imports, with a CAGR of +X% from 2007 to 2018. At the same time, the UK (+X%) and the U.S. (+X%) displayed positive paces of growth. By contrast, South Korea (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while South Korea (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) constitutes the largest market for imported roots and tubers into Somalia, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by the UK, with a X% share.
In China, roots and tubers imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and the UK (+X% per year).
Import Prices by Country
In 2018, the roots and tubers import price in Somalia amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the import price indicated a mild increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, roots and tubers import price decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. In that year, the import prices for roots and tubers attained their peak level of $X per ton. From 2014 to 2018, the growth in terms of the import prices for roots and tubers remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while South Korea ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the roots and tubers market in Somalia. 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:
- Somalia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Somalia
- 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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