Brazil: Cassava Market Overview 2020

Cassava Market Size in Brazil

The revenue of the cassava market in Brazil amounted to $X in 2018, remaining constant against the previous year. Overall, cassava consumption continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the cassava market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Cassava Production in Brazil

In value terms, cassava production amounted to $X in 2018 estimated in export prices. Over the period under review, cassava production continues to indicate an abrupt decline. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Cassava production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Average yield of cassava in Brazil totaled X tonne per ha in 2018, approximately equating the previous year. In general, the cassava yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the average cassava yield reached its maximum level at X tonne per ha in 2015; however, from 2016 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of cassava production in Brazil amounted to X ha, shrinking by -X% against the previous year. In general, the cassava harvested area continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to cassava production attained its maximum at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Cassava Exports

Exports from Brazil

Cassava exports from Brazil totaled X tonnes in 2018, picking up by X% against the previous year. In general, cassava exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, cassava exports stood at $X in 2018. In general, cassava exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, cassava exports attained their peak figure in 2018 and are likely to continue its growth in the near future.

Exports by Country

Suriname (X tonnes), Spain (X tonnes) and France (X tonnes) were the main destinations of cassava exports from Brazil, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Suriname (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the key foreign market for cassava exports from Brazil, comprising X% of total cassava exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Spain amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and France (+X% per year).

Export Prices by Country

The average cassava export price stood at $X per tonne in 2018, rising by X% against the previous year. Over the period under review, the cassava export price, however, continues to indicate a temperate deduction. The growth pace was the most rapid in 2013 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Suriname ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Cassava Imports

Imports into Brazil

Cassava imports into Brazil totaled X tonnes in 2018, reducing by -X% against the previous year. Over the period under review, cassava imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X tonnes in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

In value terms, cassava imports totaled $X in 2018. Over the period under review, cassava imports continue to indicate a drastic decline. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, cassava imports attained their peak figure at $X in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Paraguay (X tonnes) was the main cassava supplier to Brazil, with a approx. X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from Paraguay totaled -X%.

In value terms, Paraguay ($X) constituted the largest supplier of cassava to Brazil.

From 2007 to 2018, the average annual growth rate of value from Paraguay totaled -X%.

Import Prices by Country

The average cassava import price stood at $X per tonne in 2018, approximately equating the previous year. In general, the cassava import price, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for cassava attained their peak figure at $X per tonne in 2016; however, from 2017 to 2018, import prices failed to regain their momentum.

As there is only one major supplying country, the average price level is determined by prices for Paraguay.

From 2007 to 2018, the rate of growth in terms of prices for Paraguay amounted to +X% per year.

Source: IndexBox AI Platform