In 2023, Australia's cassava import volume stood at 15.0 Thousand Metric Tons. The forecasted data from 2024 to 2028 indicates a modest growth trend. The import volume is expected to remain stable at 16.0 Thousand Metric Tons in 2024 and 2025, increasing to 17.0 Thousand Metric Tons from 2026 to 2028.
Year-on-year variation analysis for the last two years shows:
- From 2023 to 2024: a 6.67% increase in import volume.
- From 2024 to 2025: 0% change.
Over the forecast period, the compound annual growth rate (CAGR) is 2.56%.
Future trends to watch for:
- Potential shifts in global supply chains that may affect cassava availability and costs.
- Changes in dietary trends within Australia leading to higher or lower demand for cassava.
- Economic factors, such as trade policies and currency fluctuations, which could impact import volumes.
