Central African Republic: Cassava Market 2020

Cassava Market Size in Central African Republic

The revenue of the cassava market in Central African Republic amounted to $X in 2018, rising by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Central African Republic cassava consumption peaked in 2018 and is likely to see steady growth in the near future.

Cassava Production in Central African Republic

In value terms, cassava production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Central African Republic cassava production peaked in 2018 and is likely to continue its growth in the immediate term.

Average yield of cassava in Central African Republic totaled X ton per ha in 2018, stabilizing at the previous year. Overall, the cassava yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, the cassava yield reached its maximum level at X ton per ha in 2008; however, from 2009 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Cassava harvested area in Central African Republic totaled X ha in 2018, going up by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when harvested area increased by X% year-to-year. The global cassava harvested area peaked in 2018 and is expected to retain its growth in the near future.

Cassava Exports

Exports from Central African Republic

In 2018, approx. X kg of cassava were exported from Central African Republic; declining by -X% against the previous year. In general, cassava exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2016 when exports decreased by -X% against the previous year. Central African Republic exports peaked at X kg in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, cassava exports stood at $X in 2018. Over the period under review, cassava exports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2016 with a decrease of -X% year-to-year. Central African Republic exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Thailand represented the major exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Cambodia (X tons), generating a X% share of total exports. Vietnam (X tons), Lao People's Democratic Republic (X tons) and Costa Rica (X tons) took a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to cassava exports from Thailand stood at +X%. At the same time, Lao People's Democratic Republic (+X%) and Cambodia (+X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Costa Rica experienced a relatively flat trend pattern. By contrast, Vietnam (-X%) illustrated a downward trend over the same period. While the share of Thailand (+X p.p.), Cambodia (+X p.p.) and Lao People's Democratic Republic (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest cassava supplier from Central African Republic, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Thailand totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Cambodia (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

The cassava export price in Central African Republic stood at $X per ton in 2018, approximately equating the previous year. Overall, the cassava export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 an increase of X% y-o-y. In that year, the export prices for cassava attained their peak level of $X per ton. From 2010 to 2018, the growth in terms of the export prices for cassava remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic, while the other leaders experienced more modest paces of growth.

Cassava Imports

Imports by Country

China dominates cassava imports structure, accounting for X tons, which was near X% of total imports in 2018. South Korea (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the cassava imports, with a CAGR of +X% from 2007 to 2018. South Korea (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of South Korea (-X p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported cassava into Central African Republic, comprising X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports.

In China, cassava imports increased at an average annual rate of +X% over the period from 2007-2018.

Import Prices by Country

In 2018, the cassava import price in Central African Republic amounted to $X per ton, going down by -X% against the previous year. Overall, the cassava import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for cassava reached their peak figure at $X per ton in 2017, and then declined slightly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2018, the country with the highest price was China ($X per ton), while South Korea stood at $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform