Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon - 2022
Contents:
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon (CIF) - 2022
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon (FOB) - 2022
- Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon
- Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon (CIF) - 2022
In 2022, the average import price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $838 per ton, which is down by -3.5% against the previous year. Overall, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22%. Over the period under review, average import prices reached the maximum at $1,348 per ton in 2012; however, from 2013 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 the Netherlands ($2,204 per ton), while the price for Malaysia ($779 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon (FOB) - 2022
In 2022, the average export price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $1,297 per ton, picking up by 9.9% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 87%. As a result, the export price attained the peak level of $3,620 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Central African Republic ($4,659 per ton), while the average price for exports to Benin ($820 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 Kuwait (+207.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon
In 2022, overseas purchases of liquid margarine and edible mixtures of animal or vegetable fats increased by 45% to 2.7K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt decrease.
In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats surged to $2.2M in 2022. Over the period under review, imports, however, saw a abrupt downturn.
| Import of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,290 | 1,030 | 729 | 1,079 | -5.8% |
| Malaysia | 1,145 | 1,628 | 739 | 996 | -4.5% |
| Singapore | 18.7 | 27.5 | 64.5 | 87.0 | 66.9% |
| Others | 178 | 200 | 75.4 | 84.3 | -22.1% |
| Total | 2,632 | 2,885 | 1,608 | 2,247 | -5.1% |
Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to Cameroon in 2022:
- Malaysia (1278.4 tons)
- Indonesia (1275.0 tons)
- Singapore (70.4 tons)
Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon
After three years of growth, shipments abroad of liquid margarine and edible mixtures of animal or vegetable fats decreased by -35.7% to 4.5 tons in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,472% against the previous year.
In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats shrank dramatically to $5.8K in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,866%.
| Export of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | N/A | N/A | N/A | 2.7 | 0% |
| United States | N/A | 0.1 | 3.1 | 1.9 | 335.9% |
| Central African Republic | 0.1 | 3.2 | 3.6 | 1.1 | 122.4% |
| Kuwait | N/A | N/A | 1.1 | 0.1 | -90.9% |
| Congo | N/A | N/A | 0.4 | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 0.2 | 3.4 | 8.3 | 5.8 | 207.2% |
Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from Cameroon in 2022:
- Benin (3281.0 kg)
- United States (928.0 kg)
- Central African Republic (240.0 kg)
- Kuwait (18.0 kg)
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