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Chile - Cassava - Market Analysis, Forecast, Size, Trends and Insights
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Chile: Cassava Market Overview 2021

Cassava Market Size in Chile

The Chilean cassava market expanded notably to $X in 2020, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a significant expansion. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Cassava consumption peaked in 2020 and is expected to retain growth in the immediate term.

Cassava Exports

Exports from Chile

In 2020, shipments abroad of cassava decreased by -X% to X kg, falling for the third year in a row after eleven years of growth. Over the period under review, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at X kg in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, cassava exports shrank significantly to $X in 2020. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Switzerland (X kg) was the main destination for cassava exports from Chile, with a X% share of total exports. Moreover, cassava exports to Switzerland exceeded the volume sent to the second major destination, Finland (X kg), fivefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Switzerland stood at +X%.

In value terms, Switzerland ($X) remains the key foreign market for cassava exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by Finland ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Switzerland amounted to +X%.

Export Prices by Country

In 2020, the average cassava export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price, however, showed a pronounced downturn. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Finland ($X per tonne), while the average price for exports to Switzerland totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Finland.

Cassava Imports

Imports into Chile

In 2020, cassava imports into Chile expanded markedly to X tonnes, growing by X% compared with 2019 figures. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Imports peaked in 2020 and are likely to see gradual growth in years to come.

In value terms, cassava imports reached $X in 2020. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Peru (X tonnes) was the main cassava supplier to Chile, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Peru totaled +X%.

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

From 2007 to 2020, the average annual growth rate of value from Peru amounted to +X%.

Import Prices by Country

In 2020, the average cassava import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Peru amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cassava in the world?
+
The countries with the highest volumes of cassava consumption in 2020 were Nigeria (61M tonnes), Democratic Republic of the Congo (43M tonnes) and Thailand (29M tonnes), together accounting for 42% of global consumption. These countries were followed by Ghana, Brazil, Cambodia, Indonesia, Viet Nam, Angola, Tanzania, China, Cameroon and Malawi, which together accounted for a further 38%.
What are the largest producers of cassava in the world?
+
The countries with the highest volumes of cassava production in 2020 were Nigeria (61M tonnes), Democratic Republic of the Congo (43M tonnes) and Thailand (31M tonnes), with a combined 43% share of global production. These countries were followed by Ghana, Brazil, Cambodia, Indonesia, Viet Nam, Angola, Tanzania, Cameroon, Malawi and Cote d'Ivoire, which together accounted for a further 37%.
What are the leading suppliers of cassava to Chile?
+
In value terms, Peru ($716K) constituted the largest supplier of cassava to Chile.
What are the leading importers of cassava from Chile?
+
In value terms, Switzerland ($50) remains the key foreign market for cassava exports from Chile, comprising 72% of total exports. The second position in the ranking was occupied by Finland ($19), with a 28% share of total exports.
What is the average export price for cassava in Chile?
+
In 2020, the average cassava export price amounted to $2,300 per tonne, picking up by 24% against the previous year.
What is the average import price for cassava in Chile?
+
In 2020, the average cassava import price amounted to $319 per tonne, with a decrease of -2.5% against the previous year.

Product coverage:
• FCL 125 - Cassava

This report provides an in-depth analysis of the cassava market in Chile. 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 2025.


Country coverage:
• Chile

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Chile
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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