Cabo Verde: Cabbage Market 2020

Cabbage Market Size in Cabo Verde

The revenue of the cabbage market in Cabo Verde amounted to $X in 2018, increasing by X% against the previous year. Overall, cabbage consumption continues to indicate a prominent increase. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. Cabo Verde cabbage consumption peaked in 2018 and is likely to continue its growth in the immediate term.

Cabbage Production in Cabo Verde

In value terms, cabbage production amounted to $X in 2018 estimated in export prices. In general, cabbage production continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, cabbage production attained its maximum level in 2018 and is likely to continue its growth in the near future.

Average yield of cabbage and other brassicas in Cabo Verde totaled X ton per ha in 2018, remaining relatively unchanged against the previous year. Overall, the cabbage yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, the cabbage yield attained its maximum level at X ton per ha in 2013; however, from 2014 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Cabbage harvested area in Cabo Verde totaled X ha in 2018, going down by -X% against the previous year. Over the period under review, the cabbage harvested area continues to indicate an abrupt curtailment. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. The global cabbage harvested area peaked at X ha in 2013; however, from 2014 to 2018, harvested area stood at a somewhat lower figure.

Cabbage Exports

Exports from Cabo Verde

In 2018, the exports of cabbage and other brassicas from Cabo Verde stood at X kg, approximately equating the previous year. Overall, cabbage exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, cabbage exports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, cabbage exports amounted to $X in 2018. Overall, cabbage exports continue to indicate tangible growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Cabo Verde exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, China (X tons) was the largest exporter of cabbage and other brassicas, making up X% of total exports. The U.S. (X tons) held the second position in the ranking, followed by the Netherlands (X tons) and Mexico (X tons). All these countries together took approx. X% share of total exports. Spain (X tons), Canada (X tons), Poland (X tons), Italy (X tons), Germany (X tons), Macedonia (X tons), Uzbekistan (X tons) and Belgium (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the cabbage and other brassicas exports, with a CAGR of +X% from 2007 to 2018. At the same time, Macedonia (+X%), Belgium (+X%), Canada (+X%), Mexico (+X%), Spain (+X%), the Netherlands (+X%) and Uzbekistan (+X%) displayed positive paces of growth. The U.S. and Italy experienced a relatively flat trend pattern. By contrast, Germany (-X%) and Poland (-X%) illustrated a downward trend over the same period. China (+X p.p.), Mexico (+X p.p.), the Netherlands (+X p.p.), Macedonia (+X p.p.) and Canada (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cabbage markets from Cabo Verde were China ($X), the U.S. ($X) and the Netherlands ($X), together accounting for X% of total exports.

Among the main exporting countries, China experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The cabbage export price in Cabo Verde stood at $X per ton in 2018, increasing by X% against the previous year. In general, the export price indicated pronounced growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage export price increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2011 when the export price increased by X% against the previous year. Cabo Verde export price peaked in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Cabbage Imports

Imports into Cabo Verde

In 2018, the amount of cabbage and other brassicas imported into Cabo Verde amounted to X tons, standing approx. at the previous year. Over the period under review, cabbage imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Cabo Verde imports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, cabbage imports amounted to $X in 2018. In general, cabbage imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. In that year, cabbage imports reached their peak of $X, and then declined slightly in the following year.

Imports by Country

China, Hong Kong SAR (X tons) and the U.S. (X tons) were the key importers of cabbage and other brassicas in 2018, amounting to approx. X% and X% of total imports, respectively. It was distantly followed by Germany (X tons), Canada (X tons) and Malaysia (X tons), together generating a X% share of total imports. Russia (X tons), Thailand (X tons), Vietnam (X tons), the Netherlands (X tons), Kazakhstan (X tons), Singapore (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Thailand, while the other leaders experienced more modest paces of growth.

In value terms, the largest cabbage importing markets into Cabo Verde were the U.S. ($X), Canada ($X) and China, Hong Kong SAR ($X), together comprising X% of total imports. Germany, Malaysia, the Netherlands, Thailand, Russia, Singapore, the Czech Republic, Vietnam, Kazakhstan and Cabo Verde lagged somewhat behind, together accounting for a further X terms of the main importing countries, Thailand experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cabbage import price in Cabo Verde amounted to $X per ton, lowering by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. Cabo Verde import price peaked at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform