Starch; Manioc (Cassava) Price in Norway - 2023
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Starch; Manioc (Cassava) Price in Norway (CIF) - 2022
The average starch; manioc (cassava) import price stood at $1,015 per ton in 2022, rising by 16% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starch; manioc (cassava) import price increased by +70.1% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 46% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($3,574 per ton), while the price for Thailand ($996 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Starch; Manioc (Cassava) Imports in Norway
In 2022, after two years of decline, there was significant growth in overseas purchases of starch; manioc (cassava)s, when their volume increased by 21% to 1.9K tons. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, starch; manioc (cassava) imports skyrocketed to $1.9M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Starch; Manioc (Cassava) in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 1,138 | 987 | 795 | 1,816 | 16.9% |
Netherlands | 0.7 | 12.9 | 9.9 | 118 | 452.4% |
Others | 100 | 82.6 | 582 | 16.0 | -45.7% |
Total | 1,239 | 1,082 | 1,387 | 1,950 | 16.3% |
Top Suppliers of Starch; Manioc (Cassava) to Norway in 2022:
- Thailand (1823.6 tons)
- Netherlands (93.9 tons)
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