Somalia: Cassava Market 2020

Cassava Market Size in Somalia

The revenue of the cassava market in Somalia amounted to $X in 2018, coming down by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. In that year, the cassava market reached its peak level of $X, and then declined slightly in the following year.

Cassava Production in Somalia

In value terms, cassava production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when production volume increased by X% against the previous year. In that year, cassava production attained its peak level of $X, and then declined slightly in the following year.

Average yield of cassava in Somalia amounted to X ton per ha in 2018, approximately equating the previous year. Over the period under review, the cassava yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 when yield increased by X% against the previous year. In that year, the cassava yield attained its peak level of X ton per ha. From 2013 to 2018, the growth of the cassava 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 total area harvested in terms of cassava production in Somalia totaled X ha, approximately equating the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The growth pace was the most rapid in 2009 when harvested area increased by X% year-to-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 was the main exporter of cassava in the world, with the volume of exports reaching X tons, which was near X% of total exports in 2018. It was distantly followed by Cambodia (X tons), mixing up 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 ($X) remains the largest cassava supplier from Somalia, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($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

In 2018, the cassava export price in Somalia amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the cassava export price continues to indicate a relatively flat trend pattern.

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 Somalia

In 2018, approx. X kg of cassava were imported into Somalia; declining by -X% against the previous year. In general, cassava imports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2008 when imports decreased by -X% against the previous year. Over the period under review, cassava imports reached their peak figure at X tons in 2007; however, from 2008 to 2018, imports stood 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 dramatic decrease. The growth pace was the most rapid in 2018 with a decrease of -X% against the previous year. Over the period under review, cassava imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

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

From 2007 to 2018, the average annual rate of growth in terms of value in China stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Somalia (-X% per year).

Import Prices by Country

The cassava import price in Somalia stood at $X per ton in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the cassava import price continues to indicate an abrupt shrinkage. Somalia import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a 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 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