South Africa: Cassava Market 2024

Cassava Market Size in South Africa

The South African cassava market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw a significant expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Cassava Production in South Africa

In value terms, cassava production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of cassava in South Africa was estimated at less than X kg per ha, approximately reflecting the year before. In general, the yield recorded 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.

The cassava harvested area in South Africa totaled less than X ha in 2022, leveling off at 2021. Over the period under review, the harvested area recorded a relatively flat trend pattern.

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Cassava Exports

Exports from South Africa

Cassava exports from South Africa reduced to X tons in 2022, therefore, remained relatively stable against 2021. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, cassava exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a mild increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

The United Arab Emirates (X tons) was the main destination for cassava exports from South Africa, with a X% share of total exports. Moreover, cassava exports to the United Arab Emirates exceeded the volume sent to the second major destination, Namibia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Botswana (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for cassava exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Botswana (X% per year).

Export Prices by Country

The average cassava export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($X per ton), while the average price for exports to Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cassava Imports

Imports into South Africa

In 2022, overseas purchases of cassava increased by X% to X tons, rising for the third consecutive year after three years of decline. In general, imports showed a strong expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cassava imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malawi (X tons) constituted the largest supplier of cassava to South Africa, accounting for a X% share of total imports. Moreover, cassava imports from Malawi exceeded the figures recorded by the second-largest supplier, Ghana (X tons), sevenfold. Mozambique (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malawi stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ghana (X% per year) and Mozambique (X% per year).

In value terms, Malawi ($X), Cote d'Ivoire ($X) and Ghana ($X) constituted the largest cassava suppliers to South Africa, with a combined X% share of total imports.

Malawi, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cassava import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while the price for Malawi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform