Paraguay: Cassava Market 2024

Cassava Market Size in Paraguay

In 2022, the Paraguayan cassava market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, the total consumption indicated a remarkable increase 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. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Cassava Production in Paraguay

In value terms, cassava production soared to $X in 2022 estimated in export price. Overall, production, however, posted strong growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of cassava in Paraguay fell rapidly to X tons per ha in 2022, waning by X% against the previous year's figure. The yield figure 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 in certain years. The pace of growth was the most pronounced in 2013 when the yield increased by X% against the previous year. Over the period under review, the average cassava yield attained the peak level at X tons per ha in 2021, and then declined rapidly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cassava were harvested in Paraguay; with a decrease of X% on the previous year. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. 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 harvested area dedicated to cassava production attained the peak figure at X ha in 2021, and then contracted slightly in the following year.

Cassava Exports

Exports from Paraguay

In 2022, overseas shipments of cassava were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, showed a significant curtailment. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cassava exports soared to $X in 2022. Overall, exports, however, faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for cassava exports from Paraguay, accounting for a approx. X% share of total exports.

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

In value terms, Brazil ($X) also remains the key foreign market for cassava exports from Paraguay.

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

Export Prices by Country

In 2022, the average cassava export price amounted to $X per ton, approximately equating the previous year. In general, export price indicated a measured expansion 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 export price decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 an increase of X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Cassava Imports

Imports into Paraguay

For the third consecutive year, Paraguay recorded growth in purchases abroad of cassava, which increased by X% to X tons in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, cassava imports soared to $X in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Brazil (X tons) was the main cassava supplier to Paraguay, accounting for a approx. X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of volume from Brazil totaled X%.

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

From 2013 to 2022, the average annual growth rate of value from Brazil amounted to X%.

Import Prices by Country

In 2022, the average cassava import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, recorded a sharp descent. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Source: IndexBox Platform