Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon - 2022

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon (CIF) - 2022
  2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon (FOB) - 2022
  3. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon
  4. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon (CIF) - 2022

In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,682 per ton, picking up by 25% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2015 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $3,143 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Belgium ($2,416 per ton), while the price for India ($534 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.2%), while the prices for the other major suppliers experienced a decline.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $841 per ton, increasing by 56% against the previous year. Overall, the export price recorded a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for France.

From 2016 to 2022, the rate of growth in terms of prices for Nigeria amounted to -10.6% per year.

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon

For the fourth consecutive year, Cameroon recorded growth in supplies from abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses, which increased by 46% to 1.8 tons in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 703% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses skyrocketed to $3.1K in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 330%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1113069401,981161.3%
France6.015.0342554352.0%
Belgium10.020.0258418247.1%
India10.024.058.0102116.9%
United KingdomN/AN/A72.0N/A0%
Others11.023.0N/AN/A109.1%
Total1483881,6703,055174.3%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Cameroon in 2022:

  1. United Arab Emirates (1218.0 kg)
  2. France (234.0 kg)
  3. India (191.0 kg)
  4. Belgium (173.0 kg)

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon

In 2022, approx. 189 kg of cereal grains; rolled or flaked, of cereals excluding barley and oatses were exported from Cameroon; surging by 13% on the previous year. The total export volume increased at an average annual rate of +13.2% over the period from 2021 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses surged to $159 in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Cameroon (USD)
COUNTRY20212022CAGR,
2021-2022
France18.0159783.3%
Cyprus72.0N/A0%
OthersN/AN/A0%
Total90.015976.7%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Cameroon in 2022:

  1. France (189.0 kg)

Source: IndexBox Market Intelligence Platform

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