New Caledonia: Cassava Market 2020

Cassava Market Size in New Caledonia

The revenue of the cassava market in New Caledonia amounted to $X in 2018, increasing by X% against the previous year. In general, cassava consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. In that year, the cassava market attained its peak level of $X. From 2009 to 2018, the growth of the cassava market failed to regain its momentum.

Cassava Production in New Caledonia

In value terms, cassava production amounted to $X in 2018 estimated in export prices. Over the period under review, cassava production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2008 when production volume increased by X% year-to-year. In that year, cassava production attained its peak level of $X. From 2009 to 2018, cassava production growth failed to regain its momentum.

Average yield of cassava in New Caledonia stood at X ton per ha in 2018, increasing by X% against the previous year. In general, the cassava yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when yield increased by X% year-to-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 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.

In 2018, the cassava harvested area in New Caledonia stood at X ha, remaining constant against the previous year. In general, the cassava harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. The global cassava harvested area peaked at X ha in 2008; however, from 2009 to 2018, harvested area remained at a lower figure.

Cassava Exports

Exports by Country

Thailand was the major exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Cambodia (X tons), comprising a X% share of total exports. Vietnam (X tons), Lao People's Democratic Republic (X tons) and Costa Rica (X tons) held 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. 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 ($X) remains the largest cassava supplier from New Caledonia, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($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 stood at +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

In 2018, the cassava export price in New Caledonia amounted to $X per ton, approximately mirroring the previous year. In general, the cassava export price continues to indicate a relatively flat trend pattern.

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 into New Caledonia

In 2018, the amount of cassava imported into New Caledonia amounted to X kg, surging by X% against the previous year. Over the period under review, cassava imports continue to indicate an extraordinary increase. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, cassava imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, cassava imports stood at $X in 2018. In general, cassava imports continue to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. New Caledonia imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

China prevails in cassava imports structure, recording X tons, which was approx. 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 ($X) constitutes the largest market for imported cassava into New Caledonia, comprising X% of global imports. The second position in the ranking was occupied by South Korea ($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. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and New Caledonia (+X% per year).

Import Prices by Country

The cassava import price in New Caledonia stood at $X per ton in 2018, remaining constant against the previous year. In general, the cassava import price continues to indicate a relatively flat trend pattern. New Caledonia 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 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