The cassava market size in Tanzania stood at 6.42 million metric tons in 2023. Over the past decade, the cassava market displayed significant volatility, with sharp decreases in 2017 and remarkable rebounds in 2018. The last two years (2022-2023) showed stable but modest growth, around 2.46%, reflecting a stabilization trend.
From 2024 onwards, the forecast indicates a steady growth trajectory, with a projected 5-year CAGR of 1.69%, reflecting anticipated market stability. Overall, the former 5-year period had an average CAGR of -0.33%, showcasing a recovery from earlier volatility.
Future trends to watch for include impacts of climate change on agriculture, government policies on cassava production, and technological advancements in farming that may drive productivity and market expansion. The potential demand increase for cassava-derived products could further boost market growth.
