MENA: Cassava Market 2024

Cassava Market Size in MENA

After two years of growth, the MENA's cassava market decreased by X% to $X in 2023. In general, consumption continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.

Cassava Production in MENA

In value terms, cassava production expanded to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Egypt (X tons) constituted the country with the largest volume of cassava production, accounting for X% of total volume. It was followed by Jordan (X tons), with a X% share of total production.

In Egypt, cassava production expanded at an average annual rate of X% over the period from 2012-2023.

Cassava Exports

Exports in MENA

In 2023, approx. X tons of cassava were exported in MENA; with an increase of X% against 2022 figures. Overall, exports, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, cassava exports soared to $X in 2023. In general, exports recorded mild growth. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, the United Arab Emirates (X tons) was the major exporter of cassava, comprising X% of total exports. It was distantly followed by Egypt (X tons), constituting a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the cassava exports, with a CAGR of X% from 2012 to 2023. Egypt (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Egypt (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest cassava supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%.

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, surging by X% against the previous year. Export price indicated a notable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, cassava export price increased by X% against 2021 indices. The pace of growth was the most pronounced in 2015 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the United Arab Emirates amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%).

Cassava Imports

Imports in MENA

For the third consecutive year, MENA recorded growth in supplies from abroad of cassava, which increased by X% to X tons in 2023. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, cassava imports dropped slightly to $X in 2023. Overall, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the main importer of cassava in MENA, with the volume of imports recording X tons, which was approx. X% of total imports in 2023. It was distantly followed by Qatar (X tons), Oman (X tons) and Kuwait (X tons), together making up a X% share of total imports. Bahrain (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to cassava imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%), Oman (X%), Bahrain (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. While the share of Qatar (X p.p.) and the United Arab Emirates (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Oman (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported cassava in MENA, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

In the United Arab Emirates, cassava imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform