Germany: Cassava Market 2024

Cassava Market Size in Germany

The German cassava market skyrocketed to $X in 2022, rising by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a strong expansion. Cassava consumption peaked in 2022 and is expected to retain growth in years to come.

Cassava Exports

Exports from Germany

In 2022, exports of cassava from Germany shrank significantly to X tons, waning by -84% compared with the previous year's figure. Over the period under review, exports faced a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of 153% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, cassava exports fell rapidly to $X in 2022. Overall, exports continue to indicate a deep setback. The growth pace was the most rapid in 2017 when exports increased by 161% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Switzerland (X tons), Sweden (X tons) and the Netherlands (X tons) were the main destinations of cassava exports from Germany, with a combined 80% share of total exports. France, Austria, Denmark and Belgium lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +13.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cassava exported from Germany were Switzerland ($X), Sweden ($X) and the Netherlands ($X), together accounting for 79% of total exports. France, Belgium, Denmark and Austria lagged somewhat behind, together accounting for a further 16%.

Among the main countries of destination, Belgium, with a CAGR of +21.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cassava export price amounted to $X per ton, with an increase of 20% against the previous year. In general, the export price posted strong growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cassava Imports

Imports into Germany

In 2022, approx. X tons of cassava were imported into Germany; jumping by 18% compared with the year before. Over the period under review, imports saw a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 160%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cassava imports rose remarkably to $X in 2022. In general, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 146%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest cassava supplier to Germany, accounting for a 64% share of total imports. Moreover, cassava imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. The third position in this ranking was taken by Portugal (X tons), with a 5% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at +27.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+42.1% per year) and Portugal (+80.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of cassava to Germany, comprising 55% of total imports. The second position in the ranking was held by Thailand ($X), with a 20% share of total imports. It was followed by Portugal, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to +29.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+37.9% per year) and Portugal (+71.2% per year).

Import Prices by Country

The average cassava import price stood at $X per ton in 2022, declining by -7.7% against the previous year. In general, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Portugal ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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