U.S. - Cassava - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCassava Price in the United States - 2023
Contents:
- Cassava Price in the United States (CIF) - 2022
- Cassava Price in the United States (FOB) - 2022
- Cassava Imports in the United States
- Cassava Exports in the United States
Cassava Price in the United States (CIF) - 2022
In 2022, the average cassava import price amounted to $1,021 per ton, growing by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2014 an increase of 28% against the previous year. Over the period under review, average import prices reached the peak figure at $1,114 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($1,433 per ton), while the price for Thailand ($425 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cassava Price in the United States (FOB) - 2022
In 2022, the average cassava export price amounted to $1,445 per ton, rising by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +4.6% per year.
Cassava Imports in the United States
In 2022, supplies from abroad of cassava decreased by -2.4% to 88K tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 5.7%. As a result, imports reached the peak of 91K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cassava imports soared to $90M in 2022. Overall, imports saw a noticeable decline.
| Import of Cassava in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 78.0 | 63.8 | 66.6 | 82.2 | 1.8% |
| Nicaragua | 1.8 | 0.4 | 1.0 | 1.0 | -17.8% |
| Ecuador | 5.1 | 1.7 | 1.4 | 0.9 | -43.9% |
| Honduras | 5.3 | 3.6 | 1.0 | 0.1 | -73.4% |
| Others | 6.0 | 6.2 | 5.4 | 6.0 | 0.0% |
| Total | 96.2 | 75.8 | 75.4 | 90.2 | -2.1% |
Top Suppliers of Cassava to the United States in 2022:
- Honduras (undefinedK tons)
- Costa Rica (81.3K tons)
- Nicaragua (1.5K tons)
- Ecuador (0.6K tons)
Cassava Exports in the United States
In 2022, exports of cassava from the United States totaled 1.9K tons, therefore, remained relatively stable against the previous year. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 25%. As a result, the exports attained the peak of 2.1K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cassava exports surged to $2.8M in 2022. The total export value increased at an average annual rate of +11.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cassava in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.8 | 2.0 | 1.8 | 2.5 | 11.6% |
| Others | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Total | 2.0 | 2.2 | 2.1 | 2.8 | 11.9% |
Top Export Markets for Cassava from the United States in 2022:
- Canada (1807.4 tons)
This report provides an in-depth analysis of the cassava market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
-
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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
902
This report provides an in-depth analysis of the cassava market in the U.S..
1157
This report provides an in-depth analysis of the sweet potato market in the U.S..
728
This report provides an in-depth analysis of the root and tuber market in the U.S..
219
This report provides an in-depth analysis of the market for roots and tubers, nes in the U.S..
424
This report provides an in-depth analysis of the yautia (cocoyam) market in the U.S..
340
This report provides an in-depth analysis of the taro (cocoyam) market in the U.S..
457
This report provides an in-depth analysis of the yams market in the U.S..
530
This report provides an in-depth analysis of the frozen poultry liver market in the U.S..
641
This report provides an in-depth analysis of the frozen chicken cut market in the U.S..
751
This report provides an in-depth analysis of the chicken meat market in the U.S..
794
In July 2022, the cassava price per ton amounted to $1,053, stabilizing at the previous month.
549
In Apr 2022, the average import cassava price per ton amounted to $936, shrinking by -2.2% against the previous month.
795
In August 2022, the sweet potato price per ton stood at $649, remaining stable against the previous month.
1204
The sweet potato price per ton stood at $647 (FOB, US) in May 2022, declining by -2.8% against the previous month.
282
In February 2023, the price of yams remained stable at $1,487 per ton (CIF, US) compared to the previous month.
518
In November 2022, the yams price stood at $1,589 per ton (CIF, US), which is down by -7.7% against the previous month.
682
In August 2022, the chicken meat price per ton amounted to $1,471, remaining constant against the previous month.
2166
In June 2022, the chicken meat price per ton amounted to $1,507 per ton, picking up by 18% against the previous month.
322
In October 2022, Vegetable imports experienced their most rapid growth pace, with a 39% increase compared to the previous month. In terms of value, vegetable imports slightly expanded to $243M in August 2023.
613
In August 2022, the vegetable price per ton amounted to $1.1K, approximately equating the previous month.
