United Kingdom - Cassava - Market Analysis, Forecast, Size, Trends and Insights

United Kingdom: Cassava Market Overview 2019

Cassava Market Size in the UK

The revenue of the cassava market in the UK amounted to $X in 2017, jumping 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, cassava consumption continues to indicate a prominent growth. The pace of growth was the most pronounced in 2011, with an increase of X% against the previous year. The cassava consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Cassava Exports in the UK

Cassava exports from the UK stood at X tonnes in 2017, coming down by -X% against the previous year. In general, cassava exports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2016, when exports increased by X% y-o-y. Over the period under review, the cassava exports attained its peak figure volume of X tonnes in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, cassava exports stood at $X in 2017. In general, cassava exports continue to indicate a drastic deduction. Over the period under review, the cassava exports reached its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Cassava Exports by Country in the UK

France (X tonnes) was the main destination of cassava exports from the UK, with a X% share of total exports. Moreover, cassava exports to France exceeded the volume sent to the second major destination, Belgium (X tonnes), twofold. The Netherlands (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume to France stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and the Netherlands (-X% per year).

In value terms, France ($X), Belgium ($X) and Ireland ($X) appeared to be the largest markets for cassava exported from the UK worldwide, together accounting for X% of total exports. These countries were followed by the Netherlands, Spain, Italy and Sweden, which together accounted for a further X%.

Among the main countries of destination , Spain (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Cassava Export Prices by Country in the UK

The average cassava export price stood at $X per tonne in 2017, falling by -X% against the previous year. In general, cassava export price continues to indicate a drastic decline. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. The export price peaked of $X per tonne in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Ireland ($X per tonne), while average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Spain (+X% per year), the export prices for other major destinations experienced mixed trend patterns.

Cassava Imports in the UK

In 2017, approx. X tonnes of cassava were imported into the UK; coming down by -X% against the previous year. In general, the total imports indicated a mild expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014, when imports increased by X% against the previous year. Over the period under review, the cassava imports reached its maximum volume of X tonnes in 2016, and then declined slightly in the following year.

In value terms, cassava imports amounted to $X in 2017. Overall, cassava imports continue to indicate a remarkable growth. Over the period under review, the cassava imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Cassava Imports by Country in the UK

In 2017, Costa Rica (X tonnes) constituted the largest cassava supplier to the UK, accounting for X% share of total imports. Moreover, cassava imports from Costa Rica exceeded the figures recorded by the second largest supplier, India (X tonnes), fivefold. The third position in this ranking was occupied by Ireland (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Costa Rica stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Ireland (+X% per year).

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

From 2007 to 2017, the average annual rate of growth in terms of value from Costa Rica stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Ireland (+X% per year).

Cassava Import Prices by Country in the UK

The average cassava import price stood at $X per tonne in 2017, increasing by X% against the previous year. In general, the import price indicated a significant growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cassava import price decreased by -X% against 2013 indices. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the average import prices for cassava attained its peak figure level of $X per tonne in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Ireland ($X per tonne), while prices for cassava imports from Ghana ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Costa Rica (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform