1、THAILAND INDUSTRY OUTLOOK 2022-24Cassava IndustrySeptember 2021Chaiwat S+662 296 2000 Ext.508801Krungsri ResearchOverviewCassava is a carbohydrate-rich crop that has a wide range of uses in the so-called 4Fs of:(i)food(for human consumption),(ii)feed(for use in animal feed),(iii)fuel(for use in the

2、production of ethanol),and(iv)factories(where it is used to make alcohol,citric acid,clothing,medicine,paper and chemicals).For many years,global demand for cassava has been high thanks to its many industrial uses and the fact that it has often been cheaper than other starchy crops.This has then lif

3、ted it to the status of being the worlds 5thmost important food crop,after corn,wheat,rice and potatoes.In 2019,a total of 304 million tonnes of cassava were produced globally(Figure 1).Contributing 63.3%of the total,Africa was the most important cassava-producing region,followed by Asia1/(28.0%),th

4、e Americas(8.6%)and Oceania(0.1%).By individual country,Nigeria was the worlds biggest producer,with 19.5%of all outputs globally,followed by the DR Congo(13.2%),Thailand(10.2%),Ghana(7.4%),Brazil(5.8%)and Indonesia(4.8%)(Figure 2),although heavy investment by Thai and Chinese players in production

5、in Vietnam and Cambodia has meant that outputs in these two countries have been rising rapidly over the past 10-15 years.However,although Africa is the worlds most important cassava-producing nations,African production is largely for domestic consumption since in these countries,the crop plays an im

6、portant role maintaining the quality of life and in supporting local food security and economic activity.African-produced cassava is therefore principally consumed as fresh and processed products.By contrast,in Thailand,production is oriented towards overseas markets and the country is thus among th