Chat with us, powered by LiveChat

Cassava starch Price Trend and Forecast

Procurement Resource provides latest prices of Cassava Starch. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Cassava Starch Regional Price Trend

Get the latest insights on price movement and trend analysis of Cassava Starch in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Cassava Starch Price Trend for the First half of 2022


Asia

In the first half of 2022, China bought 1.95 million tonnes of dried cassava slices and cassava starch from Vietnam, making up 93% of the total volume of exports. Due to China's growing usage of cassava and corn to manufacture biofuels (ethanol) in response to the high price of petroleum, the country's need for imported cassava has grown manifolds.

In particular, in March 2022, Vietnam’s exports of cassava and its products were 447,018 tonnes, worth 198.61 million USD, with an average price of 444.3 USD/tonne. China exported 328 thousand tonnes of cassava and cassava-derived goods in July 2022, worth close to 150 million USD. Exports of cassava and cassava products totalled 2.11 million tonnes in the first seven months of the year, with a turnover of 904 million USD, an increase of 10.5% in volume and 32.1% in value over the same period the previous year.

Cassava Starch Price Trend For the Fourth Quarter of 2021


Asia

The Industry and Trade Information Center in Thailand raised the value floor of cassava flour from 475 USD/MT to 480 USD/MT in the first quarter of this year, resulting in a price rise from 0.41 USD/kg to 0.42 USD/kg. Simultaneously, other merchants, such as the Thai Yam and Tapioca Factories Association, raised the price of exported chips by 0.5 USD/kg. The price of raw cassava, on the other hand, remained stable around 0.075-0.080 USD/kg.

Europe

Cassava starch prices in the United Kingdom were estimated between 1220 USD/MT and 1290 USD/MT during December 2021. Due to the characteristics like elasticity, abrasion resilience, and capacity to make a connection with the fiber, cassava starch was widely employed in the textile industry for finishing, sizing and printing.

Latin America

In Q4 of 2021, cassava starch prices in Brazil was gradually increasing at the rates of 540 USD/MT in October, 620 USD/MT in November, and 629 USD/MT in December. The price rose following a low productivity while demand increased.

Tapioca Price Trend For First, Second and Third Quarters of 2021


Asia

The cassava industry grew as a result of urbanization, increased working population, and rising family incomes, the global food sector was rapidly expanding, particularly in emerging economies such as India and China. This encouraged the industry's rise by increasing demand for ready-to-eat food products.

North America

Cassava flour has been in high demand in the global market for culinary and pastry goods since it had less gluten. Increased demand for processed foods leads to increased investment and the establishment of new food businesses dedicated to the production of gluten-free products.

Latin America

In 2021, the average Brazilian cassava starch prices for the first three quarters were 441, 447, 520 USD/MT, respectively. The consumption patterns and overall market demand for the tuber was consistent since it is a well-established product in South American countries. The population increase in Latin America, as well as rising demand in the food industry were the primary drivers of its market in 2021.

Tapioca Price Trend For the Year 2020


Asia

In 2020, in Vietnam cassava market price was around 94 to 98 USD/MT while in Indonesia the price range was 68 to 72 USD/MT. Thailand was ranked fifth in exports in 2020, with a global share of 6.32%, a value of USD 5.77 million, and a volume of 4.84 MT. On the other hand, it was rated 19th in imports for 2020, with a 0.46% share valued at USD 578.19 thousand and a volume of 92.96k MT.

Europe

In the beginning of 2020, the import price for cassava in the United Kingdom was 1170 USD/MT. Manufacturers were trying to develop and invent clean-label meals and food ingredients, which boosted demand for and acceptance of flour as a natural product in the global food and beverage sectors. Global demand for the flour was driven by technological advancements, industrial expansion, and higher population growth.

North America

In 2020, U.S. cassava starch prices were recorded at 668 USD/MT in January, 640 USD/MT in February, 692 USD/MT in March. The global cassava flour market grew as a result of the growing consumer inclination to lead a healthy lifestyle which resulted in higher consumption of healthy food products and food ingredients. Furthermore, rising demand for packaging innovation, convenience foods, and an expanding population willing to pay a premium for healthy food were some of the drivers driving market expansion.

Latin America

In 2020, in Brazil cassava starch market prices dropped from 633 USD/MT in January to 472 USD/MT in February, and even further to 427 USD/MT in March. While prices somewhat recovered to 540 USD/MT in October, they dropped again to 466 USD/MT in November and remained somewhat rangebound till the year end. The market faced issues due to the decline in demand and consumption as governments imposed lockdowns and transportation restrictions affected several food industries.

Please Login or Subscribe to explore our dashboard.

About Cassava Starch:

Cassava Starch refers to the beady starch derived from the tuberous roots of the cassava plant, also known as Manihot esculenta. It is processed into several forms, that is, hot soluble powder, meal, pre-cooked fine/coarse flakes, rectangular sticks, and spherical "pearls" at the commercial level. Amongst these, pearls are the most widely available shape, and its size range from nearly 1 mm to 8 mm in diameter.

Product Details:

Report Features Details
Product Name Cassava starch
Synonyms Tapioca
Industrial Uses Food, Pharmaceutical, Raw material, Tanning of leather, Adhesives, Paints, Thickening and gelling agent
Supplier Database TCS Tapioca Starch Industry Co. Ltd., PT Buda Starch & Sweetener, SPAC Tapioca, Sunrise International, Inc, Sanguan Wongse Industries Co., Ltd, Archer-Daniels-Midland Company
Region/Countries Covered Asia Pacific: China , India, Indonesia, Pakistan,  Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand,  South Korea, Iraq, Saudi Arabia, Malaysia, Nepal,  Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore,  Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden,  Belgium, Austria, Ireland Switzerland , Norway,  Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia,  Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes 
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Production Processes:

  • Production of Cassava Starch via Wet Milling Process

The wet milling process includes softening of plant roots, grinding, as well as separation of impurities to finally produce cassava starch. This method of extraction includes cleaning and sorting of plant material as well. After washing and grating cassava, the obtained starch milk is dried to finally obtain Cassava Starch.

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology:

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Cassava starch Production Cost Report: Operating Costs, Logistics, Utilities, Manufacturing Process, and Raw Material Requirements See more

Table Of Contents

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.


Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.


Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences which help us to enhance our services. For further information review our Privacy Policy