China - Cassava - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCassava Price in China - 2023
Contents:
- Cassava Price in China (CIF) - 2023
- Cassava Price in China (FOB) - 2022
- Cassava Imports in China
- Cassava Exports in China
Cassava Price in China (CIF) - 2023
In June 2023, the average cassava import price amounted to $283 per ton, almost unchanged from the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 2.8% m-o-m. The import price peaked at $307 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Thailand ($284 per ton), while the price for Vietnam stood at $277 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Thailand (-0.4%).
Cassava Price in China (FOB) - 2022
In 2022, the average cassava export price amounted to $1,246 per ton, waning by -3.7% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cassava export price increased by +3.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 58%. The export price peaked at $1,473 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($3,750 per ton), while the average price for exports to Ireland ($1,140 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Cassava Imports in China
For the fourth year in a row, China recorded growth in supplies from abroad of cassava, which increased by 29% to 7.1M tons in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 65%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, cassava imports soared to $2B in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 96%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cassava in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 560 | 626 | 1,358 | 1,856 | 49.1% |
| Vietnam | 50.2 | 95.9 | 154 | 167 | 49.3% |
| Cambodia | 15.3 | 34.8 | 20.3 | 6.2 | -26.0% |
| Others | 16.5 | 25.8 | 2.2 | 7.6 | -22.8% |
| Total | 642 | 783 | 1,535 | 2,037 | 46.9% |
Top Suppliers of Cassava to China in 2022:
- Cambodia (undefinedM tons)
- Thailand (6.5M tons)
- Vietnam (0.6M tons)
Cassava Exports in China
In 2022, after two years of decline, there was significant growth in overseas shipments of cassava, when their volume increased by 16% to 1.3K tons. Over the period under review, exports, however, faced a abrupt shrinkage.
In value terms, cassava exports expanded notably to $1.6M in 2022. Overall, exports, however, faced a abrupt shrinkage.
| Export of Cassava in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 486 | 312 | 249 | 100 | -41.0% |
| Poland | N/A | N/A | N/A | 16.4 | 0% |
| Australia | 1.7 | 4.1 | 0.9 | 11.8 | 90.8% |
| United Kingdom | 157 | 6.4 | 12.1 | 10.4 | -59.5% |
| Ireland | N/A | N/A | N/A | 3.6 | 0% |
| Spain | N/A | 83.6 | 118 | N/A | 41.1% |
| Malaysia | 733 | 773 | 343 | N/A | -31.6% |
| France | 328 | 3.1 | 10.7 | N/A | -81.9% |
| Cambodia | N/A | 106 | 1.5 | N/A | -98.6% |
| Others | 920 | 493 | 702 | 1,467 | 16.8% |
| Total | 2,626 | 1,781 | 1,437 | 1,609 | -15.1% |
Top Export Markets for Cassava from China in 2022:
- Netherlands (79.9 tons)
- Poland (7.9 tons)
- United Kingdom (5.1 tons)
- Ireland (3.2 tons)
- Australia (3.1 tons)
This report provides an in-depth analysis of the cassava market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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