Starch; Manioc (Cassava) Price in Switzerland - 2023

Starch; Manioc (Cassava) Price in Switzerland (CIF) - 2023

The average starch; manioc (cassava) import price stood at $1,596 per ton in August 2023, shrinking by -36.7% against the previous month. Over the period under review, the import price, however, enjoyed slight growth. The growth pace was the most rapid in September 2022 when the average import price increased by 79% against the previous month. Over the period under review, average import prices attained the peak figure at $2,996 per ton in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Brazil ($7,027 per ton), while the price for Thailand ($1,002 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Starch; Manioc (Cassava) Price in Switzerland (FOB) - 2022

In 2022, the average starch; manioc (cassava) export price amounted to $4,455 per ton, growing by 533% against the previous year. Over the period under review, the export price posted a buoyant expansion. The growth pace was the most rapid in 2013 when the average export price increased by 890%. As a result, the export price attained the peak level of $10,339 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +5.7% per year.

Starch; Manioc (Cassava) Imports in Switzerland

In 2022, starch; manioc (cassava) imports into Switzerland surged to 1.4K tons, jumping by 45% on 2021 figures. Overall, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, starch; manioc (cassava) imports soared to $2.1M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Starch; Manioc (Cassava) in Switzerland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	695	567	664	1,356	25.0%
Germany	409	402	382	608	14.1%
Brazil	61.2	48.3	48.4	46.2	-8.9%
Others	142	159	627	127	-3.7%
Total	1,307	1,177	1,721	2,138	17.8%

Top Suppliers of Starch; Manioc (Cassava) to Switzerland in 2022:

Thailand (1140.1 tons)
Germany (186.9 tons)
Brazil (19.8 tons)

Starch; Manioc (Cassava) Exports in Switzerland

In 2022, starch; manioc (cassava) exports from Switzerland reduced sharply to 55 kg, waning by -98.2% compared with 2021. Over the period under review, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by 243%. As a result, the exports attained the peak of 3 tons, and then declined significantly in the following year.

In value terms, starch; manioc (cassava) exports dropped dramatically to $245 in 2022. Overall, exports saw a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 239% against the previous year. As a result, the exports reached the peak of $2.1K, and then fell remarkably in the following year.