Guinea: Cassava Market 2020

Cassava Market Size in Guinea

The revenue of the cassava market in Guinea amounted to $X in 2018, shrinking by -X% against the previous year. In general, the total market indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cassava consumption increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, the cassava market attained its maximum level at $X in 2017, and then declined slightly in the following year.

Cassava Production in Guinea

In value terms, cassava production amounted to $X in 2018 estimated in export prices. In general, cassava production continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2010 when production volume increased by X% against the previous year. Guinea cassava production peaked at $X in 2017, and then declined slightly in the following year.

Average yield of cassava in Guinea amounted to X ton per ha in 2018, approximately reflecting the previous year. Over the period under review, the cassava yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when yield increased by X% against the previous year. Over the period under review, the cassava yield attained its maximum level at X ton per ha in 2011; however, from 2012 to 2018, 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.

In 2018, the harvested area of cassava in Guinea stood at X ha, rising by X% against the previous year. Over the period under review, the total harvested area indicated a moderate increase from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cassava harvested area decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2012 when harvested area increased by X% y-o-y. The global cassava harvested area peaked at X ha in 2016; however, from 2017 to 2018, harvested area remained at a lower figure.

Cassava Exports

Exports from Guinea

In 2018, approx. X kg of cassava were exported from Guinea; shrinking by -X% against the previous year. Overall, cassava exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Guinea exports peaked at X tons in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, cassava exports stood at $X in 2018. In general, cassava exports continue to indicate a precipitous drop. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. In that year, cassava exports attained their peak of $X. From 2013 to 2018, the growth of cassava exports remained at a lower figure.

Exports by Country

Thailand was the main exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Cambodia (X tons), constituting a X% share of total exports. The following exporters - Vietnam (X tons), Lao People's Democratic Republic (X tons) and Costa Rica (X tons) - together made up X% 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. 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 ($X) remains the largest cassava supplier from Guinea, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Thailand amounted to +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 Guinea stood at $X per ton in 2018, reducing by -X% against the previous year. Overall, the cassava export price, however, continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2010 when the export price increased by X% y-o-y. Guinea export price peaked at $X per ton in 2017, and then declined slightly in the following year.

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 dominates cassava imports structure, recording X tons, which was near X% of total imports in 2018. South Korea (X tons) held 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. From 2007 to 2018, the share of China increased by +X% percentage points, while South Korea (-X p.p.) saw their share reduced.

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

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

Import Prices by Country

The cassava import price in Guinea stood at $X per ton in 2018, approximately equating the previous year. Over the period under review, the cassava import price continues to indicate a relatively flat trend pattern. Guinea import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

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