Asia: Cassava Market 2025

Cassava Market Size in Asia

The Asian cassava market shrank modestly to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Cassava Production in Asia

In value terms, cassava production dropped to $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -13.7% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 45% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Thailand (X tons), Indonesia (X tons) and Vietnam (X tons), with a combined 70% share of total production. Cambodia, India, China and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Lao People's Democratic Republic (with a CAGR of +10.9%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average cassava yield in Asia fell slightly to X tons per ha, standing approx. at 2021 figures. In general, the yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the yield increased by 3.3% against the previous year. Over the period under review, the cassava yield attained the peak level at X tons per ha in 2021, and then contracted in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the cassava harvested area in Asia reduced to X ha, therefore, remained relatively stable against 2021 figures. In general, the harvested area saw a slight reduction. The growth pace was the most rapid in 2015 with an increase of 2.5% against the previous year. Over the period under review, the harvested area dedicated to cassava production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Cassava Exports

Exports in Asia

In 2022, overseas shipments of cassava increased by 8.2% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cassava exports rose rapidly to $X in 2022. In general, exports continue to indicate a slight expansion. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand represented the main exporting country with an export of about X tons, which accounted for 86% of total exports. It was distantly followed by Vietnam (X tons), creating an 11% share of total exports. Lao People's Democratic Republic (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cassava exports from Thailand stood at +2.5%. At the same time, Lao People's Democratic Republic (+33.2%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in Asia, with a CAGR of +33.2% from 2012-2022. By contrast, Vietnam (-10.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand and Lao People's Democratic Republic increased by +21 and +1.9 percentage points, respectively.

In value terms, Thailand ($X) remains the largest cassava supplier in Asia, comprising 79% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand stood at +3.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Lao People's Democratic Republic (+42.8% per year) and Vietnam (-10.8% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2018 when the export price increased by 29%. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+7.2%), while the other leaders experienced more modest paces of growth.

Cassava Imports

Imports in Asia

In 2022, supplies from abroad of cassava increased by 36% to X tons, rising for the third consecutive year after two years of decline. Total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +134.2% against 2019 indices. The volume of import peaked at X tons in 2017; afterwards, it flattened through to 2022.

In value terms, cassava imports soared to $X in 2022. Total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +153.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 55%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

China represented the major importer of cassava in Asia, with the volume of imports resulting at X tons, which was near 60% of total imports in 2022. It was distantly followed by Thailand (X tons), constituting a 36% share of total imports. South Korea (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of +18.0%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, China ($X) constitutes the largest market for imported cassava in Asia, comprising 70% of total imports. The second position in the ranking was held by Thailand ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +1.3%. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (+20.2% per year) and South Korea (-1.3% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, which is down by -3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :