Sweet potatoes and yams: Russia's fastest-growing import product

Published 2021년 4월 8일

Tridge summary

Russian consumers are showing a growing preference for alternative root vegetables such as sweet potatoes and yams, leading to a significant increase in imports of these products. In 2020, sweet potato imports to Russia more than doubled, reaching 2,300 tons, a 120% increase compared to the previous year. Yam imports also saw a similar surge, increasing by 130% to 55 tons. Over the past five years, the import of sweet potatoes has increased 12-fold, and yam imports have increased 8-fold. Despite the country's potential as a major potato exporter, the demand for these alternative root vegetables has resulted in record low prices for potatoes.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

While prices for Russian potatoes have hit record lows in recent seasons and Russia has even become a major potato exporter, Russian consumers are showing great interest in alternative products such as yam and sweet potatoes. This means that imports of sweet potatoes and yams into Russia are increasing much faster than imports of other vegetables. In 2020, while incomes in the Russian Federation fell, imports of these expensive tubers have more than doubled. Sweet potato imports reached 2,300 tons, an increase of 120%. The import of yams amounted to 55 tons, an increase of 130% compared to 2019. In the past five years, the import of sweet potato to Russia has increased 12-fold, the yam import ...

Source: AGF