Earlier Report Observations
From 2018 to 2023, the sweet potato market in Micronesia demonstrated exceptional stability. Production volumes hovered around 3,120 metric tons each year, with the market size closely mirroring domestic output due to negligible import and export activity.
The period saw only minor fluctuations, most notably a slight dip to 3,118 tons in 2022 followed by a partial recovery to 3,119 tons in 2023. Overall, the market maintained a consistent scale without significant expansion or contraction.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Micronesia
- 5.1.1. Annual dynamics of production in Micronesia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Micronesia in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Micronesia
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Micronesia in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Micronesia in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Micronesia by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Micronesia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Micronesia in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Micronesia by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Micronesia in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Micronesia by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Micronesia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Micronesia by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production sweet potatoe in Micronesia
In kind, 2017-2020, t
Top producers of sweet potatoe, 2017-2020
World map of production of sweet potatoe, 2017-2020
In 2020, Micronesia produced 3 122 tons of sweet potatoes, showing only minor fluctuations compared to the previous year. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded in 2018, at 0.0%.
Annual dynamics of production in Micronesia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.0% | 0.0% | 0.0% | 0.0% |
Exports sweet potatoe from Micronesia
Based on desk research and market analysis, there were no exports of sweet potatoes from Micronesia between 2017 and 2020.
Imports sweet potatoe to Micronesia
Imports in kind, kg
The market showed an unstable trend over this period. Imports reached their lowest point in 2019 at 77.5 kg, a dramatic 91.5% drop from the previous year. In contrast, the peak was in 2018 at 908.2 kg, representing an 11.7-fold difference between these years. The largest increase was recorded in 2018 at 81.5%.
Annual dynamics of product's imports to Micronesia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 81.5% | (91.5%) | n/a | - |
From 2017 to 2020, the country structure of imports in kind was highly concentrated, with New Zealand alone accounting for 99.3% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Micronesia in kind, 2017-2020
Imports in value, $ US
The data reveals irregular changes, indicating a volatile market environment. Imports in value terms hit a low in 2019 at 422 US dollars, down 91.1% from the previous year. The maximum was in 2018 at 4 754 US dollars, showing an 11.3-fold variation between these years. The largest increase occurred in 2018 at 85.4%.
Annual dynamics of product's imports to Micronesia in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 85.4% | (91.1%) | n/a | - |
Throughout 2017 to 2020, New Zealand was the dominant and nearly exclusive source for sweet potato imports to Micronesia in value terms, holding a 99.4% share.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Micronesia in value, 2017-2020
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