Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon (FOB) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon (CIF) - 2022
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $2,039 per ton, reducing by -10.1% against the previous year. In general, the export price showed a mild slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices attained the maximum at $3,232 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Singapore ($2,506 per ton) and France ($2,481 per ton), while the average price for exports to the Netherlands ($1,898 per ton) and Malaysia ($2,186 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon (CIF) - 2022
In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $760 per ton, with a decrease of -13.8% against the previous year. In general, the import price faced a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 1.5%. Over the period under review, average import prices hit record highs at $3,763 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Congo ($817 per ton), while the price for Central African Republic totaled $301 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Congo (-13.8%).
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon
Exports of cocoa beans; whole or broken, raw or roasteds from Cameroon rose notably to 236K tons in 2022, increasing by 11% compared with the year before. The total export volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds fell to $481M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 316 | 240 | 317 | 290 | -2.8% |
| Malaysia | 54.7 | 57.7 | 40.7 | 60.3 | 3.3% |
| Turkey | 7.6 | 8.9 | 13.7 | 30.2 | 58.4% |
| Spain | 8.5 | 8.6 | 8.1 | 28.5 | 49.7% |
| Singapore | 32.9 | 46.8 | 35.7 | 27.0 | -6.4% |
| Indonesia | 46.5 | 43.4 | 34.5 | 14.5 | -32.2% |
| France | 8.4 | 7.7 | 7.8 | 8.7 | 1.2% |
| Others | 17.9 | 15.8 | 25.1 | 21.5 | 6.3% |
| Total | 493 | 429 | 482 | 481 | -0.8% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Cameroon in 2022:
- Netherlands (152.9K tons)
- Malaysia (27.6K tons)
- Turkey (12.8K tons)
- Spain (12.8K tons)
- Singapore (10.8K tons)
- Indonesia (6.5K tons)
- France (3.5K tons)
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon
In 2022, the amount of cocoa beans; whole or broken, raw or roasteds imported into Cameroon plummeted to 1.2 tons, with a decrease of -19.5% compared with the previous year. In general, imports showed a deep slump. The smallest decline of -7.1% was in 2021.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds shrank sharply to $946 in 2022. Over the period under review, imports continue to indicate a precipitous decline. The smallest decline of -16.7% was in 2021.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 1,828 | 1,587 | 361 | 890 | -21.3% |
| Central African Republic | 37.0 | 30.0 | 60.0 | 46.0 | 7.5% |
| Democratic Republic of the Congo | N/A | N/A | 144 | N/A | 0% |
| Ghana | N/A | N/A | 740 | N/A | 0% |
| Others | 100 | 18.0 | 57.0 | 10.0 | -53.6% |
| Total | 1,965 | 1,635 | 1,362 | 946 | -21.6% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Cameroon in 2022:
- Congo (1089.0 kg)
- Central African Republic (153.0 kg)
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