Key Market Indicators
Panamanian demand for cassava is predicted to reach 17 thousand metric tons by 2026. This is a 1.2% year-on-year CAGR increase from the 16 thousand metric tons recorded in 2021. Since 2017, there has been no change in the country's demand. In 2021, Panama placed 57th for cassava consumption, with Honduras ranking ahead with 16 thousand metric tons. Indonesia, Ghana and Mozambique took the second, third and fourth spots in the ranking respectively. Produced cassava in Panama is expected to reach 15,760 metric tons by 2026; this is a 1.6% average annual decrease compared to 2021's figure of 17,360 metric tons. Since 1966, year-on-year production has increased by 4%. In 2021, Panama was ranked 66th, with Guyana coming in ahead with 17,360 metric tons. The Democratic Republic of the Congo, Thailand and Ghana took the second, third and fourth spots in the ranking respectively.
