Australia and Oceania: Cassava Market 2024

Cassava Market Size in Australia and Oceania

The cassava market in Australia and Oceania stood at $X in 2022, surging by X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cassava Production in Australia and Oceania

In value terms, cassava production reached $X in 2022 estimated in export price. In general, production posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Papua New Guinea (X tons), Fiji (X tons) and Micronesia (X tons), with a combined X% share of total production.

From 2012 to 2022, the biggest increases were recorded for Fiji (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average cassava yield reduced modestly to X tons per ha in 2022, which is down by X% compared with the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2015 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the cassava yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cassava harvested area rose notably to X ha in 2022, growing by X% on 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. The level of harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area failed to regain momentum.

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Cassava Exports

Exports in Australia and Oceania

In 2022, approx. X tons of cassava were exported in Australia and Oceania; increasing by X% against the year before. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cassava exports dropped modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by X%. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, Tonga (X tons) was the main exporter of cassava, mixing up X% of total exports. It was distantly followed by Fiji (X tons), constituting a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Tonga (with a CAGR of X%).

In value terms, Tonga ($X) and Fiji ($X) constituted the countries with the highest levels of exports in 2022.

Tonga, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per ton), while Tonga amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Fiji (X%).

Cassava Imports

Imports in Australia and Oceania

In 2022, cassava imports in Australia and Oceania shrank to X tons, dropping by X% against 2021. Total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, cassava imports fell slightly to $X in 2022. In general, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then declined slightly in the following year.

Imports by Country

Australia was the key importer of cassava in Australia and Oceania, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X tons), constituting a X% share of total imports.

Australia was also the fastest-growing in terms of the cassava imports, with a CAGR of X% from 2012 to 2022. New Zealand experienced a relatively flat trend pattern. Australia (X p.p.) significantly strengthened its position in terms of the total imports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported cassava in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cassava import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform