Changes in the world market for cassava and derivatives and opportunities for Brazil

Published 2021년 9월 15일

Tridge summary

The Food and Agriculture Organization of the United Nations (FAO) has reported mixed trends in agricultural production across Africa, Asia, and Brazil. In Africa and Asia, cassava, initially viewed as a subsistence crop, has become a key driver of rural development, poverty reduction, and food and energy security, with Thailand and Vietnam leading the way as the largest producers and exporters of cassava derivatives. The FAO anticipates a 18% increase in global cassava production over the next decade, particularly in low-income regions, due to expanded planted areas and improved productivity. However, in Brazil, despite the growth in cassava starch production and innovation, the starch industry faces challenges such as underutilization of capacity, price volatility, and a lack of profitable marketing mechanisms, hindering competitiveness and limiting participation in global markets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Africa, the advance in this period was 3.3% p.a., due to the increase in the planted area, especially in Nigeria. In Asia, more specifically in Thailand and Vietnam, production grew 2.3% per year, due to higher productivity. Brazilian production, in turn, fell 0.4% a year over this period, according to data from the Food and Agriculture Organization of the United Nations (FAO), as a result of greater agricultural diversification compared to African and Asian countries . Also according to the FAO, in part of the countries of Africa and Asia, cassava, which was previously considered a subsistence crop, now has a fundamental role in rural development, poverty reduction, food and energy security (biofuels ). Thus, massive public, private and third sector investments now drive cassava on these continents, including on an industrial scale. Currently, Thailand and Vietnam stand out as the main producers of cassava and derivatives (starch, chips and pallets). These countries are also ...

Source: Portal Do Agronegocio