Report Update Nov 1, 2024

New Zealand - Cassava - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Cassava Market 2024

Cassava Market Size in New Zealand

In 2022, the New Zealand cassava market decreased by -14.5% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption recorded a perceptible shrinkage. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Cassava Exports

Exports from New Zealand

For the sixth year in a row, New Zealand recorded decline in overseas shipments of cassava, which decreased by -67% to X kg in 2022. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2016 when exports increased by 1,070% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, cassava exports shrank remarkably to $X in 2022. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 1,061%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

French Polynesia (X kg) was the main destination for cassava exports from New Zealand, accounting for a 69% share of total exports. Moreover, cassava exports to French Polynesia exceeded the volume sent to the second major destination, Cook Islands (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to French Polynesia stood at +28.7%.

In value terms, French Polynesia ($X) emerged as the key foreign market for cassava exports from New Zealand, comprising 70% of total exports. The second position in the ranking was held by Cook Islands ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to French Polynesia amounted to +30.2%.

Export Prices by Country

In 2022, the average cassava export price amounted to $X per ton, dropping by -16.4% against the previous year. In general, the export price showed a noticeable shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was French Polynesia ($X per ton), while the average price for exports to Cook Islands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kiribati (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Cassava Imports

Imports into New Zealand

In 2022, overseas purchases of cassava decreased by -14% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports recorded a pronounced shrinkage. The growth pace was the most rapid in 2019 when imports increased by 63% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cassava imports fell markedly to $X in 2022. In general, imports, however, showed pronounced growth. The pace of growth appeared the most rapid in 2019 when imports increased by 103%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Fiji (X tons), Tonga (X tons) and Vietnam (X tons) were the main suppliers of cassava imports to New Zealand, together accounting for 87% of total imports. India, Vanuatu, Solomon Islands and the Philippines lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vanuatu (with a CAGR of +56.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Fiji ($X) constituted the largest supplier of cassava to New Zealand, comprising 49% of total imports. The second position in the ranking was taken by Tonga ($X), with a 24% share of total imports. It was followed by Vietnam, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Fiji was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Tonga (+2.8% per year) and Vietnam (+15.7% per year).

Import Prices by Country

The average cassava import price stood at $X per ton in 2022, almost unchanged from the previous year. In general, the import price, however, posted resilient growth. The growth pace was the most rapid in 2013 when the average import price increased by 50%. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for Vanuatu ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tonga (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cassava in the world?

The countries with the highest volumes of cassava consumption in 2021 were Nigeria, Democratic Republic of the Congo and Thailand, with a combined 43% share of global consumption. Ghana, Brazil, Indonesia, Vietnam, Angola, China, Tanzania, Cambodia, Cote d'Ivoire and Malawi lagged somewhat behind, together comprising a further 37%.

What are the largest producers of cassava in the world?

The countries with the highest volumes of cassava production in 2021 were Nigeria, Democratic Republic of the Congo and Thailand, with a combined 43% share of global production. Ghana, Brazil, Indonesia, Vietnam, Angola, Tanzania, Cambodia, Cote d'Ivoire, Malawi and Mozambique lagged somewhat behind, together comprising a further 36%.

What are the leading suppliers of cassava to New Zealand?

In value terms, the largest cassava suppliers to New Zealand were Indonesia, Fiji and Tonga, together comprising 86% of total imports. These countries were followed by Vietnam, India and Vanuatu, which together accounted for a further 11%.

What are the leading importers of cassava from New Zealand?

In value terms, Kiribati remains the key foreign market for cassava exports from New Zealand, comprising 82% of total exports. The second position in the ranking was occupied by Samoa $283), with a 13% share of total exports.

What is the average export price for cassava in New Zealand?

The average cassava export price stood at $2,223 per ton in 2021, waning by -22% against the previous year.

What is the average import price for cassava in New Zealand?

In 2021, the average cassava import price amounted to $730 per ton, rising by 7.6% against the previous year.

This report provides an in-depth analysis of the cassava market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 125 - Cassava

Country coverage:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023