Chad: Cereals Market Overview 2020

Cereals Market Size in Chad

The revenue of the cereals market in Chad amounted to $X in 2018, lowering by -X% against the previous year. Overall, the total market indicated a notable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cereals consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. Over the period under review, the cereals market attained its maximum level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Cereals Production in Chad

In value terms, cereals production totaled $X in 2018 estimated in export prices. Overall, cereals production continues to indicate significant growth. The growth pace was the most rapid in 2012 when production volume increased by X% y-o-y. Over the period under review, cereals production attained its peak figure level at $X in 2017, and then declined slightly in the following year.

Average yield of cereals in Chad stood at X kg per ha in 2018, approximately mirroring the previous year. In general, the cereals yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when yield increased by X% y-o-y. In that year, the cereals yield reached its peak level of X kg per ha. From 2013 to 2018, the growth of the cereals 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.

In 2018, approx. X ha of cereals were harvested in Chad; increasing by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. In that year, the cereals harvested area reached its peak level of X ha. From 2011 to 2018, the growth of the cereals harvested area remained at a lower figure.

Cereals Exports

Exports from Chad

In 2018, approx. X kg of cereals were exported from Chad; dropping by -X% against the previous year. Over the period under review, cereals exports continue to indicate an abrupt descent. Over the period under review, cereals exports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, cereals exports totaled $X in 2018. In general, cereals exports continue to indicate a strong increase. Chad exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

In 2018, the U.S. (X tonnes) was the key exporter of cereals, creating X% of total exports. It was distantly followed by Argentina (X tonnes), Ukraine (X tonnes), Brazil (X tonnes), France (X tonnes), Australia (X tonnes), Russia (X tonnes) and Canada (X tonnes), together achieving a X% share of total exports. Romania (X tonnes), Germany (X tonnes), Hungary (X tonnes) and Kazakhstan (X tonnes) held a minor share of total exports.

The U.S. experienced a relatively flat trend pattern of cereals exports. At the same time, Ukraine (+X%), Romania (+X%), Brazil (+X%), Australia (+X%), Argentina (+X%), Russia (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. France, Hungary and Kazakhstan experienced a relatively flat trend pattern. By contrast, Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Ukraine, Brazil, Australia, Argentina, Romania and Russia increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest cereals supplier from Chad, comprising X% of global exports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Ukraine (+X% per year) and Argentina (+X% per year).

Export Prices by Country

In 2018, the cereals export price in Chad amounted to $X per tonne, dropping by -X% against the previous year. Overall, the cereals export price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2008 when the export price increased by X% year-to-year. In that year, the export prices for cereals reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the export prices for cereals failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced mixed trends in the export price figures.

Cereals Imports

Imports into Chad

In 2018, the amount of cereals imported into Chad amounted to X tonnes, declining by -X% against the previous year. In general, cereals imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, cereals imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, cereals imports stood at $X in 2018. Overall, cereals imports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. In that year, cereals imports attained their peak of $X. From 2013 to 2018, the growth of cereals imports failed to regain its momentum.

Imports by Country

In 2018, Japan (X tonnes), Mexico (X tonnes), Egypt (X tonnes), Spain (X tonnes), Viet Nam (X tonnes), South Korea (X tonnes), Indonesia (X tonnes), Italy (X tonnes), Algeria (X tonnes), China (X tonnes), the Netherlands (X tonnes) and Bangladesh (X tonnes) were the main importers of cereals in the world, constituting X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

In value terms, the largest cereals importing markets into Chad were Mexico ($X), Japan ($X) and Egypt ($X), together accounting for X% of total imports. These countries were followed by Italy, Spain, South Korea, Viet Nam, Indonesia, Algeria, the Netherlands, China, Bangladesh and Chad, which together accounted for a further X Nam recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cereals import price in Chad amounted to $X per tonne, lowering by -X% against the previous year. Over the period under review, the import price indicated a resilient expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cereals import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, the import prices for cereals reached their peak figure at $X per tonne in 2017, and then declined slightly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Italy ($X per tonne) and the Netherlands ($X per tonne), while Bangladesh ($X per tonne) and Viet Nam ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform