MERCOSUR - Cassava - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMERCOSUR: Cassava Market 2024
Cassava Market Size in MERCOSUR
In 2023, the MERCOSUR cassava market increased by X% to $X for the first time since 2019, thus ending a three-year declining trend. Overall, consumption, however, showed a mild slump. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.
Cassava Production in MERCOSUR
In value terms, cassava production shrank to $X in 2023 estimated in export price. Overall, production, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a lower figure.
Brazil (X tons) remains the largest cassava producing country in MERCOSUR, comprising approx. X% of total volume. Moreover, cassava production in Brazil exceeded the figures recorded by the second-largest producer, Paraguay (X tons), sixfold. The third position in this ranking was taken by Peru (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume in Brazil totaled X%. In the other countries, the average annual rates were as follows: Paraguay (X% per year) and Peru (X% per year).
The average cassava yield expanded modestly to X tons per ha in 2023, surging by X% on the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the cassava yield hit record highs at X tons per ha in 2020; however, from 2021 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The cassava harvested area was estimated at X ha in 2023, remaining stable against the previous year's figure. Over the period under review, the harvested area, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2020 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to cassava production reached the maximum at X ha in 2012; however, from 2013 to 2023, the harvested area failed to regain momentum.
Cassava Exports
Exports in MERCOSUR
In 2023, after two years of growth, there was decline in overseas shipments of cassava, when their volume decreased by X% to X tons. Overall, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2023, the growth of the exports remained at a lower figure.
In value terms, cassava exports shrank to $X in 2023. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Peru was the key exporting country with an export of around X tons, which accounted for X% of total exports. Ecuador (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (X%). Brazil (X tons) took a minor share of total exports.
Peru was also the fastest-growing in terms of the cassava exports, with a CAGR of X% from 2012 to 2023. At the same time, Brazil (X%) and Colombia (X%) displayed positive paces of growth. By contrast, Ecuador (X%) illustrated a downward trend over the same period. Peru (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Colombia and Ecuador saw its share reduced by X% and X% from 2012 to 2023, respectively.
In value terms, Peru ($X), Ecuador ($X) and Colombia ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Brazil lagged somewhat behind, comprising a further X%.
Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the export price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Peru ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced more modest paces of growth.
Cassava Imports
Imports in MERCOSUR
In 2023, approx. X tons of cassava were imported in MERCOSUR; surging by X% against the year before. Overall, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, cassava imports fell to $X in 2023. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X%. The level of import peaked at $X in 2022, and then dropped in the following year.
Imports by Country
Chile dominates imports structure, reaching X tons, which was near X% of total imports in 2023. Colombia (X tons) followed a long way behind the leaders.
Chile was also the fastest-growing in terms of the cassava imports, with a CAGR of X% from 2012 to 2023. Colombia (X%) illustrated a downward trend over the same period. Chile (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Chile ($X) constitutes the largest market for imported cassava in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports.
In Chile, cassava imports increased at an average annual rate of X% over the period from 2012-2023.
Import Prices by Country
The import price in MERCOSUR stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the import price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2017 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Colombia ($X per ton), while Chile totaled $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Colombia (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the cassava market in MERCOSUR. 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 2030.
Product coverage:
- FCL 125 - Cassava
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in MERCOSUR, split by region and country
- Trade (exports and imports) in MERCOSUR
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Argentina
- Brazil
- Chile
- Colombia
- Ecuador
- Guyana
- Paraguay
- Peru
- Suriname
- Uruguay
- Venezuela
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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