Papua New Guinea: Cassava Market 2020

Cassava Market Size in Papua New Guinea

The revenue of the cassava market in Papua New Guinea amounted to $X in 2018, coming down by -X% against the previous year. Overall, cassava consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by X% year-to-year. In that year, the cassava market reached its peak level of $X, and then declined slightly in the following year.

Cassava Production in Papua New Guinea

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 modest increase. The pace of growth was the most pronounced in 2017 when production volume increased by X% against the previous year. In that year, cassava production reached its peak level of $X, and then declined slightly in the following year.

In 2018, the average yield of cassava in Papua New Guinea stood at X ton per ha, standing approx. at the previous year. Over the period under review, the cassava yield continues to indicate a relatively flat trend pattern. Over the period under review, the cassava yield attained its maximum level at X ton per ha in 2007; however, from 2008 to 2018, yield failed to regain its momentum. 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 Papua New Guinea stood at X ha, stabilizing at 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 when harvested area increased by X% against the previous year. The global cassava harvested area peaked in 2018 and is likely to see steady growth in the near future.

Cassava Exports

Exports by Country

Thailand represented the largest exporter of cassava in the world, with the volume of exports recording X tons, which was approx. X% of total exports in 2018. It was distantly followed by Cambodia (X tons), achieving 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.

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. Thailand (+X p.p.), Cambodia (+X p.p.) and Lao People's Democratic Republic (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Thailand, cassava exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Cambodia (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2018, the cassava export price in Papua New Guinea amounted to $X per ton, coming down by -X% against the previous year. Overall, the cassava export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for cassava reached their peak figure 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 into Papua New Guinea

Cassava imports into Papua New Guinea amounted to X kg in 2018, coming down by -X% against the previous year. In general, cassava imports continue to indicate a deep decline. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. In that year, cassava imports reached their peak of X tons. From 2010 to 2018, the growth of cassava imports remained at a somewhat lower figure.

In value terms, cassava imports stood at $X in 2018. Over the period under review, cassava imports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. In that year, cassava imports attained their peak of $X, and then declined slightly in the following year.

Imports by Country

China prevails in cassava imports structure, recording X tons, which was near 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 ($X) constitutes the largest market for imported cassava into Papua New Guinea, comprising X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports.

In China, cassava imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Papua New Guinea (-X% per year).

Import Prices by Country

The cassava import price in Papua New Guinea stood at $X per ton in 2018, going up by X% against the previous year. Overall, the cassava import price, however, continues to indicate a drastic descent. The pace of growth appeared the most rapid in 2017 when the import price increased by X% year-to-year. Papua New Guinea import price peaked at $X per ton in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

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 totaled $X per ton.

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

Source: IndexBox Platform