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U.S. - Cassava - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Cassava Market Overview 2021

Cassava Market Size in the U.S.

In 2020, after five years of growth, there was decline in the U.S. cassava market, when its value decreased by -X% to $X. Over the period under review, the total consumption indicated prominent growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Cassava consumption peaked at $X in 2019, and then contracted slightly in the following year.

Cassava Exports

Exports from the U.S.

In 2020, shipments abroad of cassava increased by X% to X tonnes, rising for the fourth year in a row after three years of decline. Overall, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in years to come.

In value terms, cassava exports totaled $X in 2020. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Exports peaked in 2020 and are likely to continue growth in the near future.

Exports by Country

Canada (X tonnes) was the main destination for cassava exports from the U.S., with a X% share of total exports. It was followed by Bermuda (X tonnes), with a X% share of total exports.

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

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

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

Export Prices by Country

In 2020, the average cassava export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price showed a slight decrease. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bermuda ($X per tonne), while the average price for exports to Canada amounted to $X per tonne.

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

Cassava Imports

Imports into the U.S.

For the third year in a row, the U.S. recorded growth in purchases abroad of cassava, which increased by X% to X tonnes in 2020. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. from 2013 to 2020, the growth imports failed to regain the momentum.

In value terms, cassava imports shrank to $X in 2020. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2019, and then shrank in the following year.

Imports by Country

In 2020, Costa Rica (X tonnes) constituted the largest supplier of cassava to the U.S., with a X% share of total imports. It was followed by Honduras (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Costa Rica amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (+X% per year) and Ecuador (-X% per year).

In value terms, Costa Rica ($X) constituted the largest supplier of cassava to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Honduras ($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 totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (+X% per year) and Ecuador (+X% per year).

Import Prices by Country

The average cassava import price stood at $X per tonne in 2020, waning by -X% against the previous year. Over the period under review, import price indicated buoyant growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, cassava import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The import price peaked at $X per tonne in 2019, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Honduras ($X per tonne), while the price for Costa Rica ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Honduras, while the prices for the other major suppliers experienced more modest paces of growth.

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), with a combined 43% share of global production. Ghana, Brazil, Cambodia, Indonesia, Viet Nam, Angola, Tanzania, Cameroon, Malawi and Cote d'Ivoire lagged somewhat behind, together accounting for a further 37%.
What are the leading suppliers of cassava to the U.S.?
+
In value terms, Costa Rica ($78M) constituted the largest supplier of cassava to the U.S., comprising 85% of total imports. The second position in the ranking was occupied by Honduras ($4M), with a 4.4% share of total imports.
What are the leading importers of cassava from the U.S.?
+
In value terms, Canada ($2M) remains the key foreign market for cassava exports from the U.S., comprising 92% of total exports. The second position in the ranking was occupied by Bermuda ($71K), with a 3.3% share of total exports.
What is the average export price for cassava in the U.S.?
+
In 2020, the average cassava export price amounted to $1,031 per tonne, reducing by -14.1% against the previous year.
What is the average import price for cassava in the U.S.?
+
In 2020, the average cassava import price amounted to $1,005 per tonne, dropping by -9.8% against the previous year.

Product coverage:
• FCL 125 - Cassava

This report provides an in-depth analysis of the cassava market in the U.S.. 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:
• USA

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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