Cameroon - Animal And Pet Feed - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAnimal Feed Price in Cameroon - 2022
Contents:
- Animal Feed Price in Cameroon (CIF) - 2022
- Animal Feed Price in Cameroon (FOB) - 2022
- Animal Feed Imports in Cameroon
- Animal Feed Exports in Cameroon
Animal Feed Price in Cameroon (CIF) - 2022
In 2022, the average animal feed import price amounted to $1,156 per ton, growing by 4.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 19%. The import price peaked at $1,171 per ton in 2013; afterwards, it flattened through to 2022.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,213 per ton), while the price for the Netherlands ($833 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.8%), while the prices for the other major suppliers experienced a decline.
Animal Feed Price in Cameroon (FOB) - 2022
The average animal feed export price stood at $213 per ton in 2022, dropping by -36.1% against the previous year. In general, the export price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2019 an increase of 114% against the previous year. As a result, the export price reached the peak level of $363 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Gabon ($340 per ton), while the average price for exports to Central African Republic totaled $337 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+33.2%), while the prices for the other major destinations experienced more modest paces of growth.
Animal Feed Imports in Cameroon
Animal feed imports into Cameroon expanded slightly to 22K tons in 2022, growing by 2.2% on 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 44%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, animal feed imports rose notably to $26M in 2022. Over the period under review, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Animal Feed in Cameroon (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 10.6 | 10.3 | 15.7 | 13.2 | 7.6% |
| France | 2.8 | 2.8 | 5.4 | 4.6 | 18.0% |
| Netherlands | 1.5 | 1.2 | 1.3 | 1.1 | -9.8% |
| Others | 0.3 | 0.5 | 1.8 | 6.8 | 183.0% |
| Total | 15.1 | 14.7 | 24.1 | 25.7 | 19.4% |
Top Suppliers of Animal Feed to Cameroon in 2022:
- Belgium (12.9K tons)
- France (3.8K tons)
- Netherlands (1.3K tons)
Animal Feed Exports in Cameroon
In 2022, approx. 677 tons of animal and pet feed were exported from Cameroon; jumping by 51% against 2021 figures. Over the period under review, exports, however, showed a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 187% against the previous year.
In value terms, animal feed exports contracted slightly to $144K in 2022. Overall, exports, however, continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 195%.
| Export of Animal Feed in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Central African Republic | 167 | 49.8 | 87.3 | 60.5 | -28.7% |
| Gabon | 158 | 0.9 | 50.1 | 42.6 | -35.4% |
| Equatorial Guinea | 6.8 | N/A | 17.6 | N/A | 60.9% |
| Others | N/A | N/A | -5.7 | 41.1 | -821.1% |
| Total | 332 | 50.6 | 149 | 144 | -24.3% |
Top Export Markets for Animal Feed from Cameroon in 2022:
- Central African Republic (179.3 tons)
- Gabon (125.2 tons)
This report provides an in-depth analysis of the animal feed market in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10911010 - Premixtures for farm animal feeds
- Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
- Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
- Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
- Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)
Country coverage:
- Cameroon
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cameroon
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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