United Kingdom: Cassava Market Overview 2021

Cassava Market Size in the UK

The UK cassava market expanded significantly to $X in 2019, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated temperate growth from 2007 to 2019: its value decreased 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 increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2011 to 2019, the growth of the market failed to regain the momentum.

Cassava Exports

Exports from the UK

After two years of decline, overseas shipments of cassava increased by X% to X tonnes in 2019. Overall, exports saw a perceptible expansion. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2013; however, from 2014 to 2019, exports remained at a lower figure.

In value terms, cassava exports rose sharply to $X in 2019. In general, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2019, exports remained at a lower figure.

Exports by Country

Belgium (X tonnes) was the main destination for cassava exports from the UK, accounting for a X% share of total exports. Moreover, cassava exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X tonnes), twofold. The third position in this ranking was occupied by France (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Belgium totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and France (-X% per year).

In value terms, Belgium ($X), the Netherlands ($X) and France ($X) constituted the largest markets for cassava exported from the UK worldwide, with a combined X% share of total exports. These countries were followed by Spain, Poland, Italy and Ireland, which together accounted for a further X terms of the main countries of destination, Poland (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average cassava export price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The growth pace was the most rapid in 2018 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced mixed trend patterns.

Cassava Imports

Imports into the UK

After two years of decline, purchases abroad of cassava increased by X% to X tonnes in 2019. In general, imports, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2011 to 2019, the growth imports failed to regain the momentum.

In value terms, cassava imports rose remarkably to $X in 2019. Over the period under review, total imports indicated a tangible expansion from 2007 to 2019: its value decreased 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, imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are likely to continue growth in years to come.

Imports by Country

In 2019, Costa Rica (X tonnes) constituted the largest cassava supplier to the UK, with a X% share of total imports. Moreover, cassava imports from Costa Rica exceeded the figures recorded by the second-largest supplier, India (X tonnes), more than tenfold. The third position in this ranking was occupied by Thailand (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Costa Rica amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Thailand (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from Costa Rica amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and India (+X% per year).

Import Prices by Country

The average cassava import price stood at $X per tonne in 2019, surging by X% against the previous year. Overall, import price indicated strong growth 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 increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. The import price peaked in 2019 and is likely to see gradual growth in the near future.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, 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?

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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), with a combined 42% share 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?

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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 accounting for 42% of global production. Ghana, Brazil, Indonesia, Cambodia, Viet Nam, China, Angola, Tanzania, Cameroon and Malawi lagged somewhat behind, together accounting for a further 38%.

What are the leading suppliers of cassava to the UK?

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In value terms, Costa Rica ($4.2M) constituted the largest supplier of cassava to the UK, comprising 84% of total imports. The second position in the ranking was occupied by the Netherlands ($238K), with a 4.8% share of total imports. It was followed by India, with a 3.8% share.

What are the leading importers of cassava from the UK?

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In value terms, Belgium ($136K), the Netherlands ($106K) and France ($51K) were the largest markets for cassava exported from the UK worldwide, together accounting for 67% of total exports. These countries were followed by Spain, Poland, Italy and Ireland, which together accounted for a further 27%.

What is the average export price for cassava in the UK?

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The average cassava export price stood at $1,216 per tonne in 2019, shrinking by -5.9% against the previous year.

What is the average import price for cassava in the UK?

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The average cassava import price stood at $1,195 per tonne in 2019, with an increase of 3.9% against the previous year.