Democratic Republic of the Congo: Cassava Market 2020

Cassava Market Size in Democratic Republic of the Congo

The revenue of the cassava market in Democratic Republic of the Congo amounted to $X in 2018, surging by X% against the previous year. Overall, cassava consumption continues to indicate resilient growth. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. Over the period under review, the cassava market reached its maximum level at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Cassava Production in Democratic Republic of the Congo

In value terms, cassava production amounted to $X in 2018 estimated in export prices. Overall, cassava production continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2012 when production volume increased by X% y-o-y. Democratic Republic of the Congo cassava production peaked at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

In 2018, the average yield of cassava in Democratic Republic of the Congo stood at X ton per ha, flattening at the previous year. Over the period under review, the cassava yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when yield increased by X% y-o-y. The global cassava yield peaked in 2018 and is likely to continue its growth in the near future. 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 cassava were harvested in Democratic Republic of the Congo; jumping by X% against the previous year. Overall, the cassava harvested area continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. The global cassava harvested area peaked at X ha in 2015; however, from 2016 to 2018, harvested area failed to regain its momentum.

Cassava Exports

Exports from Democratic Republic of the Congo

Cassava exports from Democratic Republic of the Congo stood at X tons in 2018, growing by X% against the previous year. Overall, cassava exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Democratic Republic of the Congo exports peaked at X tons in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, cassava exports stood at $X in 2018. Overall, cassava exports continue to indicate a resilient increase. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. In that year, cassava exports reached their peak of $X. From 2016 to 2018, the growth of cassava exports failed to regain its momentum.

Exports by Country

In 2018, Thailand (X tons) represented the largest exporter of cassava, creating X% of total exports. It was distantly followed by Cambodia (X tons), comprising a X% share of total exports. Vietnam (X tons), Lao People's Democratic Republic (X tons) and Costa Rica (X tons) took a little share of total exports.

From 2007 to 2018, average annual rates of growth with regard to cassava exports from Thailand stood at +X%. At the same time, Lao People's Democratic Republic (+X%) and Cambodia (+X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Costa Rica experienced a relatively flat trend pattern. By contrast, Vietnam (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Thailand, Cambodia and Lao People's Democratic Republic increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest cassava supplier from Democratic Republic of the Congo, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

In Thailand, cassava exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Cambodia (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2018, the cassava export price in Democratic Republic of the Congo amounted to $X per ton, rising by X% against the previous year. Overall, the cassava export price continues to indicate measured growth. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. In that year, the export prices for cassava reached their peak level of $X per ton. From 2016 to 2018, the growth in terms of the export prices for cassava remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic, while the other leaders experienced more modest paces of growth.

Cassava Imports

Imports into Democratic Republic of the Congo

In 2018, the imports of cassava into Democratic Republic of the Congo stood at X tons, going up by X% against the previous year. Over the period under review, cassava imports, however, continue to indicate a deep curtailment. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Democratic Republic of the Congo imports peaked at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, cassava imports stood at $X in 2018. In general, cassava imports, however, continue to indicate an abrupt contraction. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Democratic Republic of the Congo imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

China prevails in cassava imports structure, amounting to X tons, which was near X% of total imports in 2018. South Korea (X tons) occupied a minor share of total imports.

China was also the fastest-growing in terms of the cassava imports, with a CAGR of +X% from 2007 to 2018. South Korea (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while South Korea (-X p.p.) saw their share reduced.

In value terms, China ($X) constitutes the largest market for imported cassava into Democratic Republic of the Congo, comprising X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports.

In China, cassava imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Democratic Republic of the Congo (-X% per year).

Import Prices by Country

The cassava import price in Democratic Republic of the Congo stood at $X per ton in 2018, lowering by -X% against the previous year. Overall, the cassava import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Over the period under review, the import prices for cassava attained their maximum at $X per ton in 2016; however, from 2017 to 2018, import prices failed to regain their momentum.

Average prices varied somewhat amongst the major importing countries. In 2018, the country with the highest price was China ($X per ton), while South Korea amounted to $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform