Price for Cereal Groats; Meal and Pellets in Cameroon - 2022

Contents:

  1. Price for Cereal Groats; Meal and Pellets in Cameroon (CIF) - 2022
  2. Price for Cereal Groats; Meal and Pellets in Cameroon (FOB) - 2022
  3. Imports of Cereal Groats; Meal and Pellets in Cameroon
  4. Exports of Cereal Groats; Meal and Pellets in Cameroon

Price for Cereal Groats; Meal and Pellets in Cameroon (CIF) - 2022

In 2022, the average import price for cereal groats; meal and pelletses amounted to $498 per ton, picking up by 3.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 44%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($635 per ton), while the price for Hungary ($369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in Cameroon (FOB) - 2022

The average export price for cereal groats; meal and pelletses stood at $272 per ton in 2022, surging by 33% against the previous year. In general, the export price, however, continues to indicate a abrupt slump. The export price peaked at $620 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($900 per ton), while the average price for exports to Gabon ($85 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 France (+14.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereal Groats; Meal and Pellets in Cameroon

In 2022, the amount of cereal groats; meal and pelletses imported into Cameroon totaled 29K tons, surging by 4.1% against the previous year. Over the period under review, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 12%.

In value terms, cereal groats; meal and pellets imports rose significantly to $14M in 2022. In general, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.1% 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 +73.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 61%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Cereal Groats; Meal and Pellets in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.22.74.34.4-5.4%
South AfricaN/A0.21.13.1293.7%
Spain5.93.04.12.5-24.9%
France1.40.51.31.0-10.6%
Romania0.20.60.80.858.7%
TurkeyN/A0.2N/A0.787.1%
UkraineN/A0.10.80.5123.6%
Hungary0.10.40.10.344.2%
Others0.50.60.91.130.1%
Total13.58.313.314.31.9%

Top Suppliers of Cereal Groats; Meal and Pellets to Cameroon in 2022:

  1. United States (6.9K tons)
  2. South Africa (6.8K tons)
  3. Spain (6.0K tons)
  4. France (1.9K tons)
  5. Turkey (1.8K tons)
  6. Romania (1.7K tons)
  7. Ukraine (1.0K tons)
  8. Hungary (0.7K tons)

Exports of Cereal Groats; Meal and Pellets in Cameroon

In 2022, cereal groats; meal and pellets exports from Cameroon surged to 8.2 tons, rising by 43% against the previous year. Over the period under review, exports showed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 135% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, cereal groats; meal and pellets exports soared to $2.2K in 2022. In general, exports, however, continue to indicate a deep downturn.

Export of Cereal Groats; Meal and Pellets in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Central African Republic1,6937939861,6940.0%
France21310280.028910.7%
Gabon95659.080.0149-46.2%
Canada87.031.019.077.0-4.0%
Others22.08.06.029.09.6%
Total2,9719931,1712,238-9.0%

Top Export Markets for Cereal Groats; Meal and Pellets from Cameroon in 2022:

  1. Central African Republic (6.0 tons)
  2. Gabon (1.8 tons)
  3. France (0.3 tons)
  4. Canada (0.2 tons)

Source: IndexBox Market Intelligence Platform

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