Blog - Agriculture

Oct 27, 2023

410

The import growth of Hop from November 2022 to July 2023 did not show any improvement. The value of hop imports decreased significantly to $495K in July 2023.

Oct 27, 2023

436

In January 2023, Cashew Nut exports saw a significant growth rate of 86% compared to the previous month. The value of the exports reached $3.6M in July 2023.

Oct 26, 2023

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Cassava, also known as manioc or yuca, is a versatile and starchy root vegetable that is widely consumed around the world. It is a staple food for millions of people, particularly in developing countries. While cassava is grown in many regions, certain countries have emerged as the top import markets for this crop. In this article, we will explore the world's best import markets for cassava and provide key statistics and figures to support our analysis. China: Leading the Cassava Import Market. China, with an import value of $2.0 billion in 2022, stands tall as the leading import market for cassava. The country's massive population and rising demand for alternative food sources have contributed to its strong position in the market. Cassava is used in various forms in Chinese cuisine, from steamed and boiled to mashed and fermented. The versatility and nutritional benefits of cassava have made it an attractive food option in the country. Thailand: A Key Player in the Cassava Market. Thailand takes the second spot on the list of top import markets for cassava, with an import value of $585.3 million in 2022. The country's rich agricultural resources and expertise in cassava production have propelled it to become a key player in the global cassava market. Thailand exports cassava in various forms, including fresh roots, dried chips, and processed products. Vietnam: A Growing Market for Cassava. Vietnam has shown significant growth in its cassava import market, with an import value of $162.6 million in 2022. The country's favorable climate and soil conditions make it an ideal location for cassava cultivation. Additionally, the increasing demand for cassava-based products, such as tapioca starch and flour, has contributed to Vietnam's rising import figures. South Korea: Importing Cassava for Various Uses. South Korea imports cassava worth $106.5 million in 2022, making it a notable player in the global cassava market. The country utilizes cassava for various purposes, including food, animal feed, and industrial applications. South Korean consumers enjoy cassava-based snacks, noodles, and beverages, reflecting the versatility of this root vegetable. United States: Embracing Cassava in its Culinary Scene. The United States is also a significant importer of cassava, with an import value of $90.2 million in 2022. Cassava has gained popularity within the country's diverse culinary scene, especially in Latin American and African cuisines. The United States is also a major supplier of processed cassava products, such as frozen fries and chips, to the global market. Netherlands, Spain, and Other European Markets. Several European countries have notable import markets for cassava. The Netherlands imports cassava worth $44.6 million in 2022, primarily for industrial applications and processing into starch and flour. Spain's import value stands at $11.4 million, driven by its diverse food industry. Other European countries, such as France and Canada, also import smaller amounts of cassava, with values of $10.4 million and $7.0 million, respectively. The Role of Market Intelligence Platforms. These statistics and figures have been derived from the IndexBox market intelligence platform, which provides valuable insights and data on various industries and markets worldwide. It enables businesses, researchers, and analysts to access accurate and up-to-date information to make informed decisions. Conclusion. The world's best import markets for cassava include China, Thailand, Vietnam, South Korea, and the United States. These countries have displayed significant demand for cassava, driven by factors such as population size, culinary preferences, and industrial applications. The import values for cassava in these markets showcase the growing prominence of this versatile root vegetable. With the help of market intelligence platforms like IndexBox, businesses can stay informed about the latest market trends and make strategic decisions to capitalize on the opportunities presented by the global cassava market.

Oct 26, 2023

483

The exports of 'Vegetables In Vinegar' failed to regain momentum between December 2022 and July 2023. In July 2023, the value of vinegar-preserved vegetable exports amounted to $7.1M.

Oct 26, 2023

397

In March 2023, the growth rate for watermelon imports reached its highest point, with a substantial increase of 142% compared to the previous month. However, in July 2023, the value of watermelon imports experienced a significant contraction, dropping to $14M.

Oct 26, 2023

423

In March 2023, the rate of growth for Asparagus exports was the most prominent, with a 554% increase month-to-month. However, in July 2023, the value of Asparagus exports significantly contracted, reaching just $2.3M.

Oct 25, 2023

846

Vegetable imports play a crucial role in meeting the global demand for fresh produce throughout the year. Various countries rely on imported vegetables to supplement their domestic supply and offer a diverse range of produce to consumers. In this article, we will explore the top import markets for vegetables, based on the Import Value of Vegetable data provided by the IndexBox market intelligence platform. The United States holds the top position in terms of import value of vegetables, with a staggering $8.5 billion in 2022. Germany secures the second spot on the list with an import value of $5.8 billion in 2022. The United Kingdom is another significant player in the vegetable import market, with an import value of $3.4 billion in 2022. Canada relies on imports to supplement its domestic vegetable production, with an import value of $3.0 billion in 2022. France also represents a major import market for vegetables, with the same import value of $3.0 billion in 2022 as Canada. The Netherlands is not only a significant importer but also a major re-exporter of vegetables, with an import value of $2.5 billion in 2022. Belgium holds a prominent position in the vegetable import market, with an import value of $1.7 billion in 2022. Despite its vast agricultural land, Russia imports vegetables worth $1.3 billion in 2022. Spain relies on imports with an import value of $1.2 billion in 2022 to meet the demand for certain vegetables. Italy completes the list of the world's top import markets for vegetables with an import value of $1.2 billion in 2022. These top import markets for vegetables demonstrate the global dependence on imports to meet the diverse demands of consumers.

Oct 25, 2023

1228

This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.

Oct 25, 2023

408

The exports of Carrot And Turnip reached a peak of 1.9K tons, but significantly decreased in the subsequent month. In terms of value, the exports of Carrot And Turnip dropped to $672K in July 2023.

Oct 25, 2023

513

The highest rate of growth occurred in April 2023 with a 55% increase in imports compared to the previous month. In terms of value, Raspberry and Blackberry imports declined to $9.3M in July 2023.

Oct 25, 2023

513

The Potato market experienced its highest growth rate in August 2022 with a month-on-month increase of 46%. In terms of value, potato imports reached $8.8 million in June 2023.

Oct 25, 2023

928

In November 2022, the rate of growth for Maize was outstanding, reaching an impressive 236% increase compared to the previous month. However, by July 2023, the value of maize exports experienced a significant decline, plummeting to just $59M.