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

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Cassava Market Size in the U.S.

In 2019, the U.S. cassava market decreased by -X% to $X, falling for the second year in a row after three years of growth. Overall, the total consumption indicated a notable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Cassava consumption peaked at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Cassava Exports

Exports from the U.S.

In 2019, overseas shipments of cassava increased by X% to X tonnes, rising for the third consecutive year after three years of decline. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, exports hit record highs in 2019 and are likely to see steady growth in the near future.

In value terms, cassava exports soared to $X in 2019. Over the period under review, exports showed a strong expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Exports peaked in 2019 and are expected to retain growth in years to come.

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 Aruba (X tonnes), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Canada totaled +X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value to Canada stood at +X%.

Export Prices by Country

The average cassava export price stood at $X per tonne in 2019, growing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2019, the country with the highest price was Aruba ($X per tonne), while the average price for exports to Canada amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Canada.

Cassava Imports

Imports into the U.S.

Cassava imports into the U.S. expanded slightly to X tonnes in 2019, picking up by X% against 2018. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2013 to 2019, the growth imports failed to regain the momentum.

In value terms, cassava imports dropped modestly to $X in 2019. In general, total imports indicated buoyant growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Costa Rica (X tonnes) constituted the largest supplier of cassava to the U.S., with a X% share of total imports. Moreover, cassava imports from Costa Rica exceeded the figures recorded by the second-largest supplier, Ecuador (X tonnes), more than tenfold. Nicaragua (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Costa Rica was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+X% per year) and Nicaragua (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value from Costa Rica stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+X% per year) and Indonesia (+X% per year).

Import Prices by Country

The average cassava import price stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, import price indicated a resilient expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cassava import price decreased by -X% against 2017 indices. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Costa Rica ($X per tonne), while the price for Nicaragua ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Costa Rica, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI 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 2019 were Nigeria (59M tonnes), Democratic Republic of the Congo (40M tonnes) and Thailand (31M tonnes), together accounting for 42% of global consumption. Ghana, Brazil, China, Indonesia, Viet Nam, Angola, Tanzania, Cameroon, Cambodia and Malawi lagged somewhat behind, together accounting for a further 38%.
What are the largest producers of cassava in the world?
+
The countries with the highest volumes of cassava production in 2019 were Nigeria (59M tonnes), Democratic Republic of the Congo (40M tonnes) and Thailand (31M tonnes), together comprising 42% of global production. These countries were followed by Ghana, Brazil, Indonesia, Cambodia, Viet Nam, China, Angola, Tanzania, Cameroon and Malawi, which together accounted for a further 38%.
What are the leading suppliers of cassava to the U.S.?
+
In value terms, Costa Rica ($63M) constituted the largest supplier of cassava to the U.S., comprising 87% of total imports. The second position in the ranking was occupied by Ecuador ($4.5M), with a 6.3% share of total imports. It was followed by Indonesia, with a 1.4% share.
What are the leading importers of cassava from the U.S.?
+
In value terms, Canada ($1.8M) remains the key foreign market for cassava exports from the U.S., comprising 89% of total exports. The second position in the ranking was occupied by Aruba ($48K), with a 2.3% share of total exports.
What is the average export price for cassava in the U.S.?
+
In 2019, the average cassava export price amounted to $1,203 per tonne, with an increase of 14% against the previous year.
What is the average import price for cassava in the U.S.?
+
In 2019, the average cassava import price amounted to $831 per tonne, dropping by -7.1% 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
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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