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

Cassava Market Size in Portugal

After three years of decline, the Portuguese cassava market increased by X% to $X in 2020. In general, consumption continues to indicate a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cassava Production in Portugal

In value terms, cassava production skyrocketed to $X in 2020 estimated in export prices. In general, production showed a significant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

The average yield of cassava in Portugal amounted to X kg per ha in 2020, leveling off at the previous year's figure. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the cassava harvested area in Portugal amounted to X ha, standing approx. at 2019 figures. Over the period under review, the harvested area saw a relatively flat trend pattern.

Cassava Exports

Exports from Portugal

In 2020, shipments abroad of cassava increased by X% to X tonnes, rising for the fifth consecutive year after five years of decline. Overall, exports continue to indicate a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cassava exports soared to $X in 2020. Over the period under review, exports recorded significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tonnes) was the main destination for cassava exports from Portugal, with a X% share of total exports. Moreover, cassava exports to Spain exceeded the volume sent to the second major destination, France (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Spain amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Cabo Verde (-X% per year).

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

From 2007 to 2020, 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: France (+X% per year) and Cabo Verde (-X% per year).

Export Prices by Country

The average cassava export price stood at $X per tonne in 2020, almost unchanged from the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2020, the country with the highest price was Cabo Verde ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced mixed trend patterns.

Cassava Imports

Imports into Portugal

In 2020, overseas purchases of cassava were finally on the rise to reach X tonnes after three years of decline. Over the period under review, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cassava imports soared to $X in 2020. Overall, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Costa Rica (X tonnes) constituted the largest cassava supplier to Portugal, accounting for a X% share of total imports. Moreover, cassava imports from Costa Rica exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), threefold.

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

In value terms, Costa Rica ($X) constituted the largest supplier of cassava to Portugal, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Costa Rica stood at +X%.

Import Prices by Country

The average cassava import price stood at $X per tonne in 2020, falling by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2019, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per tonne), while the price for Costa Rica totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain.

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), with a combined 42% share of global consumption. Ghana, Brazil, Cambodia, Indonesia, Viet Nam, Angola, Tanzania, China, Cameroon and Malawi lagged somewhat behind, together comprising 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), together accounting for 43% of global production. Ghana, Brazil, Cambodia, Indonesia, Viet Nam, Angola, Tanzania, Cameroon, Malawi and Cote d'Ivoire lagged somewhat behind, together comprising a further 37%.
What are the leading suppliers of cassava to Portugal?
+
In value terms, Costa Rica ($3.7M) constituted the largest supplier of cassava to Portugal, comprising 75% of total imports. The second position in the ranking was occupied by Spain ($1.1M), with a 23% share of total imports.
What are the leading importers of cassava from Portugal?
+
In value terms, Spain ($3.5M) remains the key foreign market for cassava exports from Portugal, comprising 92% of total exports. The second position in the ranking was occupied by France ($172K), with a 4.6% share of total exports.
What is the average export price for cassava in Portugal?
+
The average cassava export price stood at $1,186 per tonne in 2020, stabilizing at the previous year.
What is the average import price for cassava in Portugal?
+
The average cassava import price stood at $1,000 per tonne in 2020, dropping by -14.7% against the previous year.

Product coverage:
• FCL 125 - Cassava

This report provides an in-depth analysis of the cassava market in Portugal. 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:
• Portugal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Portugal
• 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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