Cameroon: Nuts Market 2024

Nuts Market Size in Cameroon

The Cameroonian nuts market fell to $X in 2022, waning by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Nuts Production in Cameroon

In value terms, nuts production declined rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a modest increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

In 2022, the average nuts yield in Cameroon declined modestly to X kg per ha, almost unchanged from 2021. In general, the yield recorded a mild contraction. The most prominent rate of growth was recorded in 2015 when the yield increased by X%. The nuts yield peaked at X kg per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of nuts production in Cameroon fell slightly to X ha, almost unchanged from 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to nuts production reached the peak figure at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Nuts Exports

Exports from Cameroon

In 2022, approx. X tons of nuts were exported from Cameroon; declining by X% compared with the previous year's figure. Overall, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then fell rapidly in the following year.

In value terms, nuts exports reduced notably to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Vietnam (X tons), France (X tons) and Germany (X tons) were the main destinations of nuts exports from Cameroon, together comprising X% of total exports. Central African Republic, China, India, Canada and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Central African Republic (with a CAGR of X.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Central African Republic ($X), Germany ($X) and France ($X) constituted the largest markets for nuts exported from Cameroon worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Central African Republic, with a CAGR of X.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average nuts export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Central African Republic ($X per ton), while the average price for exports to China ($X 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 Central African Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into Cameroon

In 2022, purchases abroad of nuts increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, nuts imports amounted to $X in 2022. Overall, imports saw buoyant growth. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and France (X kg) were the main suppliers of nuts imports to Cameroon, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the United Arab Emirates ($X) and France ($X) were the largest nuts suppliers to Cameroon, with a combined X% share of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nuts import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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