Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Cameroon - 2022
Contents:
- Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Cameroon (FOB) - 2022
- Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Cameroon
Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Cameroon (FOB) - 2022
The average export price for ground-nuts; in shell, not roasted or otherwise cooked stood at $1,152 per ton in 2022, falling by -19.5% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,432 per ton in 2021, and then fell significantly in the following year.
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 Switzerland ($4,362 per ton), while the average price for exports to Belgium ($295 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 Sao Tome and Principe (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Cameroon
In 2022, after two years of decline, there was growth in overseas shipments of ground-nuts; in shell, not roasted or otherwise cooked, when their volume increased by 4.9% to 712 kg. In general, exports, however, continue to indicate a significant decline.
In value terms, exports of ground-nuts; in shell, not roasted or otherwise cooked fell notably to $820 in 2022. Over the period under review, exports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year.
| Export of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 3,292 | 509 | 757 | 650 | -41.8% |
| Belgium | 1,097 | 154 | 208 | 162 | -47.1% |
| Sao Tome and Principe | 94.0 | 2.0 | 4.0 | 6.0 | -60.0% |
| Others | 25.0 | 3.0 | 3.0 | 2.0 | -56.9% |
| Total | 4,508 | 668 | 972 | 820 | -43.3% |
Top Export Markets for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked from Cameroon in 2022:
- Belgium (550.0 kg)
- Switzerland (149.0 kg)
- Sao Tome and Principe (8.0 kg)
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This report provides an in-depth analysis of the groundnuts market in Cameroon.
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This report provides an in-depth analysis of the groundnuts market in Cameroon.
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