The cassava market size in Cameroon has shown a general upward trend over the past decade, increasing from 2.25 million metric tons in 2014 to 2.51 million metric tons in 2023. Despite some fluctuations, such as a decline in 2020, the overall trend has been positive. The year-on-year variation for 2023 stood at 0.56%, with an average yearly growth rate (CAGR) of 0.54% over the last five years. Looking ahead, the market is expected to grow at a CAGR of 0.44% from 2023 to 2028, reaching an estimated 2.58 million metric tons in 2028, reflecting a total growth rate of 2.23% over this period.
Future trends to watch for:
- Impact of climate change on cassava production.
- Expansion of cassava-based products in domestic and international markets.
- Technological advancements in farming practices.
- Government policies and subsidies enhancing agricultural productivity.