World - Cassava - Market Analysis, Forecast, Size, Trends and Insights
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Cassava - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Democratic Republic of the Congo |
| 2 | Thailand |
| 3 | Nigeria |
| 4 | China |
| 5 | Brazil |
In value terms, the largest cassava markets worldwide were Democratic Republic of the Congo, Thailand and Nigeria, together accounting for 39% of the global market. These countries were followed by China, Brazil, Vietnam, Ghana, Tanzania, Angola, Cambodia, Indonesia, Malawi and Cote d'Ivoire, which together accounted for a further 36%.
In terms of the main consuming countries, Vietnam recorded the highest growth rate of market size, over the period under review, while cassava market for the other global leaders experienced more modest paces of growth.
Cassava Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Indonesia | 193 | 178 | 164 | -7.8% |
| Costa Rica | 659 | 869 | 978 | 21.8% |
| Thailand | 895 | 993 | 996 | 5.5% |
| Lao People's Democratic Republic | 1051 | 1166 | 1648 | 25.2% |
| Vietnam | 1051 | 1166 | 1648 | 25.2% |
| Average | 813 | 835 | 953 | 8.3% |
Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($1,648 per ton), while Indonesia ($164 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Vietnam | 1067 | 1911 | 1050 | -0.8% |
| South Korea | 215 | 226 | 247 | 7.2% |
| China | 236 | 226 | 204 | -7.0% |
| Thailand | 888 | 308 | 140 | -60.3% |
| Average | 291 | 315 | 214 | -14.3% |
Prices varied noticeably by the country of destination; the country with the highest price was Vietnam ($1,050 per ton), while Thailand ($140 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced a decline in the import price figures.
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Cassava - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 1.1 | 0.6 | 1.1 | -2.5% |
| Thailand | 0.3 | 0.3 | 0.4 | 25.4% |
| Vietnam | 0.01 | 0.2 | 0.2 | 241.7% |
| South Korea | 0.05 | 0.04 | 0.05 | 2.9% |
In value terms, China ($1.1B) constitutes the largest market for imported cassava worldwide, comprising 57% of global imports. The second position in the ranking was occupied by Thailand ($423M), with a 22% share of global imports. It was followed by Vietnam, with a 8.5% share.
In China, cassava imports plunged by an average annual rate of -2.5% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Thailand (+25.4% per year) and Vietnam (+241.7% per year).
Cassava - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Thailand | 0.9 | 0.5 | 0.7 | -12.1% |
| Lao People's Democratic Republic | 0.08 | 0.09 | 0.2 | 63.6% |
| Vietnam | 0.2 | 0.08 | 0.1 | -3.1% |
| Costa Rica | 0.09 | 0.1 | 0.1 | 12.1% |
| Indonesia | 0.04 | 0.04 | 0.04 | 1.3% |
In value terms, Thailand ($690M) remains the largest cassava supplier worldwide, comprising 56% of global exports. The second position in the ranking was occupied by Lao People's Democratic Republic ($203M), with a 16% share of global exports. It was followed by Vietnam, with a 11% share.
From 2018 to 2020, the average annual rate of growth in terms of value in Thailand stood at -12.1%. In the other countries, the average annual rates were as follows: Lao People's Democratic Republic (+63.6% per year) and Vietnam (-3.1% per year).
Cassava - Market Forecast
Driven by increasing demand for cassava worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Cassava - Top Companies
The Climate Corporation International SA, GLENCORE LAND (AUSTRALIA) PTY LTD, Hainan Huanhaicheng Trading Co., Ltd., Luohe Jintudi Agriculture Development Co., Ltd., Qinghai Liansheng Grassland Ecology Development Co., Ltd., Clay Farms, CORPORACION ALIMENTARIA GUISSONA, SOCIEDAD ANONIMA, Xiaoyi Lvmuchang Agriculture & Animal Husbandry Co., Ltd., Luochuan County Angliqi Trading Co., Ltd., PEANUT COMPANY OF AUSTRALIA LIMITED, Yudalong Agriculture Park (Zengcheng) Co., Ltd., Liuhe County Shiquan Farmer Plantation Specialty Cooperative, Jingle County Xinxuan Plantation Specialty Cooperative, Suzhou Yongqiao District Dadian Zifang Plantation Family Farm, INTIMEX GROUP JOINT STOCK COMPANY, Jiayu County Jigeng Team Family Farm, GRIEKWALAND WES KORPORATIEF LTD, NEW BRITAIN PALM OIL LIMITED, Castrolanda - Cooperativa Agroindustrial Ltda., Datong Xianxiangqing Agriculture Plantation Specialty Cooperative
Cassava - Product Coverage
- HS 071410 - Vegetable roots and tubers; manioc (cassava), with high starch or inulin content, whether or not sliced or in the form of pellets, fresh or dried
This report provides an in-depth analysis of the global cassava market. 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
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
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
-
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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 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, 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, 2012–2023
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Cassava, also known as manioc or yuca, is a versatile and starchy root vegetable that is widely consumed around the world. It is a staple food for millions of people, particularly in developing countries. While cassava is grown in many regions, certain countries have emerged as the top import markets for this crop. In this article, we will explore the world's best import markets for cassava and provide key statistics and figures to support our analysis. China: Leading the Cassava Import Market. China, with an import value of $2.0 billion in 2022, stands tall as the leading import market for cassava. The country's massive population and rising demand for alternative food sources have contributed to its strong position in the market. Cassava is used in various forms in Chinese cuisine, from steamed and boiled to mashed and fermented. The versatility and nutritional benefits of cassava have made it an attractive food option in the country. Thailand: A Key Player in the Cassava Market. Thailand takes the second spot on the list of top import markets for cassava, with an import value of $585.3 million in 2022. The country's rich agricultural resources and expertise in cassava production have propelled it to become a key player in the global cassava market. Thailand exports cassava in various forms, including fresh roots, dried chips, and processed products. Vietnam: A Growing Market for Cassava. Vietnam has shown significant growth in its cassava import market, with an import value of $162.6 million in 2022. The country's favorable climate and soil conditions make it an ideal location for cassava cultivation. Additionally, the increasing demand for cassava-based products, such as tapioca starch and flour, has contributed to Vietnam's rising import figures. South Korea: Importing Cassava for Various Uses. South Korea imports cassava worth $106.5 million in 2022, making it a notable player in the global cassava market. The country utilizes cassava for various purposes, including food, animal feed, and industrial applications. South Korean consumers enjoy cassava-based snacks, noodles, and beverages, reflecting the versatility of this root vegetable. United States: Embracing Cassava in its Culinary Scene. The United States is also a significant importer of cassava, with an import value of $90.2 million in 2022. Cassava has gained popularity within the country's diverse culinary scene, especially in Latin American and African cuisines. The United States is also a major supplier of processed cassava products, such as frozen fries and chips, to the global market. Netherlands, Spain, and Other European Markets. Several European countries have notable import markets for cassava. The Netherlands imports cassava worth $44.6 million in 2022, primarily for industrial applications and processing into starch and flour. Spain's import value stands at $11.4 million, driven by its diverse food industry. Other European countries, such as France and Canada, also import smaller amounts of cassava, with values of $10.4 million and $7.0 million, respectively. The Role of Market Intelligence Platforms. These statistics and figures have been derived from the IndexBox market intelligence platform, which provides valuable insights and data on various industries and markets worldwide. It enables businesses, researchers, and analysts to access accurate and up-to-date information to make informed decisions. Conclusion. The world's best import markets for cassava include China, Thailand, Vietnam, South Korea, and the United States. These countries have displayed significant demand for cassava, driven by factors such as population size, culinary preferences, and industrial applications. The import values for cassava in these markets showcase the growing prominence of this versatile root vegetable. With the help of market intelligence platforms like IndexBox, businesses can stay informed about the latest market trends and make strategic decisions to capitalize on the opportunities presented by the global cassava market.
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In 2019, the global cassava market increased by 0.4% to $164.1B, rising for the third consecutive year after two...
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Global cassava consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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Global cassava exports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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Global cassava imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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In 2015, the countries with the highest levels of production in 2015 were Nigeria (X thousand tons), Thailand (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
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Thailand dominates in the global cassava trade. In 2014, Thailand exported X thousand tons of сassava totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied essentially all (X%) of its
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Sweet potato imports in the Netherlands, Germany and Spain is gaining momentum. From 2018 to 2020, imports to Germany increased by 20% and reached 47.4K tons. Over the same period, supplies to Spain tripled from 3.8K to 15.3K tons, while imports to the Netherlands rose by 44% and peaked at 174K tons. In 2020, the Netherlands overcame the UK and emerged as the top sweet potato importer.
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Global sweet potato consumption amounted to X thousand tons in 2015, waning by -X% against the previous year level.
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In 2015, the country with the largest volume of the sweet potato output was China (X thousand tons), accounting for X% of global production.
