Guinea-Bissau: Cassava Market 2020

Cassava Market Size in Guinea-Bissau

The revenue of the cassava market in Guinea-Bissau amounted to $X in 2018, approximately mirroring the previous year. Overall, cassava consumption continues to indicate a conspicuous increase. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. In that year, the cassava market attained its peak level of $X. From 2011 to 2018, the growth of the cassava market remained at a somewhat lower figure.

Cassava Production in Guinea-Bissau

In value terms, cassava production totaled $X in 2018 estimated in export prices. Over the period under review, cassava production continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2010 when production volume increased by X% y-o-y. In that year, cassava production attained its peak level of $X. From 2011 to 2018, cassava production growth remained at a lower figure.

In 2018, the average yield of cassava in Guinea-Bissau stood at X ton per ha, coming down by -X% against the previous year. In general, the cassava yield continues to indicate a mild descent. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, the cassava yield reached its peak level of X ton per ha. From 2009 to 2018, the growth of the cassava yield remained at a 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 Guinea-Bissau amounted to X ha in 2018, going up by X% against the previous year. Overall, the cassava harvested area continues to indicate prominent growth. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. The global cassava harvested area peaked at X ha in 2012; however, from 2013 to 2018, harvested area stood at a somewhat lower figure.

Cassava Exports

Exports by Country

Thailand was the key exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Cambodia (X tons), committing a X% share of total exports. Vietnam (X tons), Lao People's Democratic Republic (X tons) and Costa Rica (X tons) followed a long way behind the leaders.

Exports from Thailand increased at an average annual rate of +X% from 2007 to 2018. 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. From 2007 to 2018, the share of Thailand, Cambodia and Lao People's Democratic Republic increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Thailand, cassava exports increased at an average annual rate of +X% over the period from 2007-2018. 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 Guinea-Bissau stood at $X per ton in 2018, stabilizing at the previous year. Over the period under review, the cassava export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for cassava attained their peak figure at $X per ton in 2010; however, from 2011 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, 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 prevails in cassava imports structure, finishing at X tons, which was approx. X% of total imports in 2018. South Korea (X tons) occupied a relatively small share of total imports.

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 ($X) constitutes the largest market for imported cassava into Guinea-Bissau, comprising X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports.

From 2007 to 2018, the average annual growth rate of value in China stood at +X%.

Import Prices by Country

The cassava import price in Guinea-Bissau stood at $X per ton in 2018, remaining stable against the previous year. Over the period under review, the cassava import price continues to indicate a relatively flat trend pattern.

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 amounted to $X per ton.

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

Source: IndexBox Platform