Earlier Report Observations
The market volume for cassava in Honduras grew from 24 933 t in 2018 to 27 433 t in 2023, with a peak of 27 870 t in 2022. This expansion was primarily driven by a sharp increase in imports, which rose from just 7 t in 2018 to 1 886 t in 2023. Domestic production remained relatively stable, fluctuating between 25 500 t and 25 700 t annually.
In 2020, cassava gained attention as a potential source of foreign currency and employment, with reported export volumes exceeding 1 600 t. This growing interest supported market growth, as imports surged to 521 t that year. The market continued to expand, reaching 26 415 t in 2021 and 27 870 t in 2022.
By 2024, the Honduran government introduced five new grafted cassava varieties to boost national supply, accompanied by technical support for producers. Additionally, new responsible labeling regulations with nutritional warnings for processed foods and a sanitary control regulation for food and beverages came into effect, shaping the market environment for cassava products.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Honduras
- 5.1.1. Annual dynamics of production in Honduras in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Honduras in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Honduras
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Honduras in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Honduras by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Honduras in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Honduras by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Honduras, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Honduras by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Honduras in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Honduras by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Honduras in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Honduras by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Honduras, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Honduras by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Honduras in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Honduras by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Honduras in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Honduras by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Honduras, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Honduras by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Honduras in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Honduras by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Honduras in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Honduras by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Honduras, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Honduras by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production cassava in Honduras
In kind, 2017-2020, t
Top producers of cassava, 2017-2020
World map of production of cassava, 2017-2020
Cassava production in Honduras increased for the second consecutive year. In 2020, Honduras produced 25 780 tonnes of cassava, marking a 0.9% rise compared to 2019. The lowest production level was recorded in 2018 at 25 512 tonnes, which also saw the largest decline of 0.5%.
Annual dynamics of production in Honduras in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.5%) | 0.2% | 0.9% | 0.2% |
Exports cassava from Honduras
Exports in kind, t
The market showed an unstable trend throughout the period. Import levels fluctuated significantly, with a 29-fold difference between the peak in 2017 and the low in 2019. In 2020, cassava exports from Honduras reached 522 tonnes, representing a sharp increase of 892.2% compared to the previous year. The lowest export volume was recorded in 2019 at 53 tonnes, which also experienced the largest decline of 91.0%.
Annual dynamics of product's exports from Honduras in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (61.2%) | (91.0%) | 892.2% | (29.8%) |
From 2017 to 2020, the United States remained the nearly exclusive buyer of cassava from Honduras, accounting for 96.7% of total exports in volume terms.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Honduras in kind, 2017-2020
Exports in value, K $ US
The market exhibited an unstable trend throughout the timeframe. Exports peaked in 2017 and reached their lowest point in 2019, with a 53-fold gap between these years. In 2020, the value of cassava exports from Honduras stood at 465 thousand US dollars, amounting to a rise of 1 491.1% compared to 2019. The minimum value was recorded in 2019 at 29 thousand US dollars, which also saw the largest decline of 95.4%.
Annual dynamics of product's exports from Honduras in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (59.5%) | (95.4%) | 1 491.1% | (33.2%) |
Between 2017 and 2020, the United States concentrated almost all cassava exports from Honduras in value terms, with a share of 98.7% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Honduras in value, 2017-2020
Imports cassava to Honduras
Imports in kind, t
Cassava imports into Honduras increased for the third consecutive year. In 2020, imports amounted to 521 tonnes, which is 4 998.8% higher year-over-year. From 2017 to 2020, imports grew by 18 677.6%, equating to an annualized rate of 472.6%.
Annual dynamics of product's imports to Honduras in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 169.4% | 36.7% | 4 998.8% | 472.6% |
From 2017 to 2020, cassava imports to Honduras were largely oriented towards Nicaragua, whose share in total imports in volume terms reached 96.4%.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Honduras in kind, 2017-2020
Imports in value, K $ US
Foreign cassava supplies to Honduras increased for the third consecutive year. In 2020, imports were recorded at 295 thousand US dollars, constituting a rise of 2 940.6% over the previous year. Over the period 2017-2020, imports increased by 4 864.1%, with a compound annual growth rate of 267.5%.
Annual dynamics of product's imports to Honduras in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 46.1% | 11.8% | 2 940.6% | 267.5% |
Throughout 2017 to 2020, Nicaragua was the key partner for imports in value terms, accounting for 93.0% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Honduras in value, 2017-2020
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