Cassava Market Overview in Brazil
In value terms, cassava production declined modestly to $ in 2019 estimated in export prices. Overall, production continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2011 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2012 to 2019, production growth remained at a somewhat lower figure.
In 2019, the average cassava yield in Brazil reached tonnes per ha, approximately reflecting 2018 figures. In general, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the yield increased by % against the previous year. The cassava yield peaked at tonnes per ha in 2015; however, from 2016 to 2019, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, approx. ha of cassava were harvested in Brazil; dropping by -% on the previous year's figure. Over the period under review, the harvested area saw a noticeable reduction. The pace of growth was the most pronounced in 2014 with an increase of % year-to-year. Over the period under review, the harvested area dedicated to cassava production attained the peak figure at ha in 2007; however, from 2008 to 2019, the harvested area stood at a somewhat lower figure.
The size of the cassava market in Brazil reduced modestly to $ in 2019, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2012 to 2019, the growth of the market failed to regain the momentum.