Earlier Report Observations
Taro market volume in Laos underwent a significant and sustained contraction from 2018 to 2023, declining from 148.3 thousand metric tons to 67.4 thousand metric tons. This represented a reduction of over half, with the most severe drop occurring in 2019 when production fell by nearly 30%. The market remained almost entirely reliant on domestic output throughout this period, as import and export activity was minimal and did not substantially influence the overall volume.
Following the sharp initial decline, production showed relative stability in 2020 before resuming a downward trajectory. Output fell again in 2021 and experienced another considerable decrease in 2022, settling at 70.0 thousand metric tons. The decline moderated in 2023, with production reaching 67.4 thousand metric tons. The consistent reduction in domestic output defined the market's direction across these years.
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 Laos
- 5.1.1. Annual dynamics of production in Laos in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Laos 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, K 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, K 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 Laos
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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, t
- 6.1.2.1. Annual dynamics of product's imports to Laos in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Laos by countries, 2018-2024, t
- 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, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Laos in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Laos by countries, 2018-2024, K $ 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 Laos, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Laos 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, t
- 6.2.2.1. Annual dynamics of product's imports to Laos in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Laos by countries, 2018-2024, t
- 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, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Laos in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Laos by countries, 2018-2024, K $ 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 Laos, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Laos by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Laos in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Laos by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Laos in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Laos by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Laos, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Laos by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Laos in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Laos by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Laos in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Laos by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Laos, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Laos by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production taro in Laos
In kind, 2017-2020, K t
From 2017 to 2020, Laos maintained the 12th position globally in taro production volume.
Top producers of taro, 2017-2020
World map of production of taro, 2017-2020
Taro production in Laos declined for the second consecutive year. In 2020, the country produced 104.7 K t of taro, representing a slight decrease of 1.2% compared to 2019. Over the 2017-2020 period, production fell by 22.6%, with a compound annual growth rate (CAGR) of -8.2%. The highest production was recorded in 2018 at 148.3 K t. The largest year-on-year decline occurred in 2019, with a drop of 28.5%, while the largest increase was in 2018, with growth of 9.6%.
Annual dynamics of production in Laos in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.6% | (28.5%) | (1.2%) | (8.2%) |
Exports taro from Laos
Exports in kind, t
Annual dynamics of product's exports from Laos in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, China was the dominant destination for Laos's taro exports in kind, consistently accounting for 100.0% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Laos in kind, 2017-2020
Exports in value, K $ US
Annual dynamics of product's exports from Laos in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Between 2017 and 2020, China served as the primary market for taro exports from Laos in value terms, consistently absorbing 100.0% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Laos in value, 2017-2020
Imports taro to Laos
Imports in kind, t
The data shows irregular changes, indicating a volatile market environment. Import volumes reached their lowest point in 2018 and peaked in 2019, with a 17 809-fold difference between these years. In 2020, Laos's taro imports amounted to 75 t, marking a sharp decline of 95.6% compared to the previous year. The maximum import volume was recorded in 2019 at 1 699 t. The largest year-on-year increase occurred in 2019, with growth of 1 780 832.1%.
Annual dynamics of product's imports to Laos in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 1 780 832.1% | (95.6%) | - |
Throughout 2017-2020, imports in kind were heavily concentrated on Vietnam, which accounted for 94.8% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Laos in kind, 2017-2020
Imports in value, K $ US
There were noticeable fluctuations in market performance during this period. The lowest import value was observed in 2018, with the highest in 2019, reflecting a 1 462-fold gap. In 2020, taro deliveries to Laos stood at 46.5 K $ US, which is 73.5% less than the previous year. The maximum import value was recorded in 2019 at 175.4 K $ US. The largest year-on-year increase occurred in 2019, with growth of 146 101.3%.
Annual dynamics of product's imports to Laos in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 146 101.3% | (73.5%) | - |
From 2017 to 2020, the country structure of imports in value terms was strongly focused on Vietnam, whose share reached 80.6% of total import flows, with other partners accounting for the remaining volume.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Laos in value, 2017-2020
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