U.S. Leads Global Yam Imports: Rising Demand & Market Trends

Abstract

The United States will account for the largest amount of imports of agricultural yams, at 55kt, in 2021. This suggests that the United States has been the leading importer in the past few years as well. On the other hand, other countries are also participating in imports, suggesting that global demand is growing. The growing demand for yams is due to their nutritional value and convenience. Increasing health consciousness and adaptability to diverse food cultures also contribute to the increase in demand. In addition, climate change and fluctuations in production volume by region may affect the balance between demand and supply. Under these circumstances, yam importing countries continue to compete in the global agricultural market while taking into account changes in demand and the stability of production.

Yam imports (worldwide)

Considering the data from 1977 to 2021, it is interesting to note that the United States recorded the largest yam import volume in 2021, at 55kt. Compared to the peak, current import volume is 100%, suggesting that demand in the United States is increasing rapidly. The increase is due to the growing attention of yams as a health food and the increase in demand in response to the diversification of food culture. Other countries are also participating in yam imports, suggesting an expansion of global demand. However, various factors may be influencing the increase in imports. Fluctuations in production volume due to climate change and advances in agricultural technology, as well as economic factors, may also play a part. Taking these factors into account, agricultural stakeholders and market participants will need to keep a close eye on how yam imports will change in the future.

The maximum is the latest one, 61.2Mt of Nigeria

Yam imports (latest year, countries around the world)

Looking at the 2021 import data for the agricultural crop yam, the United States recorded the largest import volume of 55kt, with an overall average of 1.67kt and a total of 157kt. This suggests that yam imports are becoming more widespread globally. With the United States being the largest importer, it can be seen that the demand for yam is growing significantly within the country. Yams are highly nutritious, and as health consciousness increases, the demand for them as a food may be increasing. Other countries are also participating in the import, and it is speculated that global demand is expanding. This increase in demand may also be influenced by the diversification of food culture and the adaptability of the market to fluctuations in yam production. However, various factors are involved in the increase in imports, and climate change and economic factors must also be taken into consideration. Yam imports are expected to continue to change depending on market trends, so agricultural stakeholders and market participants will need to keep a close eye on these factors.

The maximum is 61.2Mt of Nigeria, the average is 1.39Mt, and the total is 80.6Mt

Yam imports (continent)

According to the 2021 data on the import volume of agricultural yams, North America recorded the largest amount of 75kt, and it is the largest importer of yams today. This figure suggests a sharp increase in the demand for yams in the North American region. Yams are highly nutritious, and the demand is expected to expand due to the growing health consciousness and adaptability to diverse food cultures. The fact that North America is the largest importer suggests that the demand within the region is increasing significantly. On the other hand, other regions and countries are also participating in the import of yams, and it is speculated that global demand is expanding. In addition, the increase in imports may be due to climate change, fluctuations in production volume, and economic factors. Under these circumstances, yam importing countries are required to maintain supply stability and competitiveness while keeping a close eye on market trends and changes in demand. Yam imports are expected to fluctuate due to market factors in the future, so agricultural stakeholders and market participants will need to consider strategies while taking these factors into account.

The maximum is the latest one, 86.6Mt of Africa

Yam imports (latest year, continent)

According to the data on the import volume of agricultural yams in 2021, North America recorded the highest volume of 75kt, with an average of 31.4kt and a total of 157kt. This figure shows that yam imports are spreading globally. The fact that North America is the largest importer suggests that the demand within the region is growing significantly. In addition, the average import volume of 31.4kt shows that many countries and regions import yams. Yams are highly nutritious, and demand is expected to increase due to the growing health consciousness and adaptability to diverse food cultures. In addition, other regions and countries are also participating in the import, and it is speculated that global demand is expanding. However, various factors are involved in the increase in imports, including climate change, fluctuations in production volume, and economic factors. Under such circumstances, yam importing countries are required to maintain supply stability and competitiveness while closely monitoring market trends and changes in demand. Yam import volumes are expected to continue to fluctuate depending on market factors, so agricultural stakeholders and market participants will need to consider these factors when considering their strategies.

The maximum is 86.6Mt of Africa, the average is 17.7Mt, and the total is 88.3Mt

Main data

Reference