Spices; Mixtures Price in Cameroon - 2022
Contents:
- Spices; Mixtures Price in Cameroon (FOB) - 2022
- Spices; Mixtures Price in Cameroon (CIF) - 2022
- Spices; Mixtures Exports in Cameroon
- Spices; Mixtures Imports in Cameroon
Spices; Mixtures Price in Cameroon (FOB) - 2022
In 2022, the average spices; mixtures export price amounted to $2,595 per ton, rising by 16% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $7,996 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($21,490 per ton), while the average price for exports to Belgium ($1,302 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+38.6%), while the prices for the other major destinations experienced mixed trend patterns.
Spices; Mixtures Price in Cameroon (CIF) - 2022
The average spices; mixtures import price stood at $1,603 per ton in 2022, with an increase of 28% against the previous year. In general, the import price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2014 an increase of 32%. The import price peaked at $2,287 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +4.7% per year.
Spices; Mixtures Exports in Cameroon
In 2022, after three years of growth, there was significant decline in overseas shipments of spices; mixtureses, when their volume decreased by -21.4% to 21 tons. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 432% against the previous year.
In value terms, spices; mixtures exports declined to $54K in 2022. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 263%.
| Export of Spices; Mixtures in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.6 | 18.7 | 39.1 | 14.9 | 25.2% |
| Cyprus | N/A | N/A | 1.4 | 6.4 | 357.1% |
| Belgium | 0.1 | 3.9 | 2.5 | 4.5 | 255.7% |
| France | 0.4 | N/A | 0.7 | 3.6 | 108.0% |
| Germany | 2.0 | 4.0 | 3.1 | 1.1 | -18.1% |
| Others | 3.4 | 22.0 | 12.5 | 23.5 | 90.5% |
| Total | 13.4 | 48.6 | 59.3 | 54.0 | 59.1% |
Top Export Markets for Spices; Mixtures from Cameroon in 2022:
- Canada (3.8 tons)
- Belgium (3.4 tons)
- France (2.0 tons)
- Cyprus (0.5 tons)
- Germany (0.1 tons)
Spices; Mixtures Imports in Cameroon
After three years of growth, overseas purchases of spices; mixtureses decreased by -14.7% to 28 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year.
In value terms, spices; mixtures imports rose notably to $45K in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 32% against the previous year. As a result, imports reached the peak of $49K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Spices; Mixtures in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 18.8 | 19.7 | 45.1 | 54.9% |
| Nigeria | N/A | 0.6 | 3.7 | N/A | 516.7% |
| China | 2.4 | 0.5 | 3.5 | N/A | 20.8% |
| France | 17.9 | 14.3 | 9.7 | N/A | -26.4% |
| Lebanon | 0.7 | 2.6 | 1.2 | N/A | 30.9% |
| India | 14.1 | 10.1 | 1.2 | N/A | -70.8% |
| Saudi Arabia | N/A | N/A | 1.1 | N/A | 0% |
| Others | 1.9 | 1.8 | 1.2 | N/A | -20.5% |
| Total | 37.0 | 48.8 | 41.4 | 45.1 | 6.8% |
Top Suppliers of Spices; Mixtures to Cameroon in 2022:
- United Arab Emirates (28.1 tons)
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