Price for Meat of Bovine Animals; Fresh or Chilled in Cameroon - 2022

Contents:

  1. Price for Meat of Bovine Animals; Fresh or Chilled in Cameroon (CIF) - 2022
  2. Price for Meat of Bovine Animals; Fresh or Chilled in Cameroon (FOB) - 2022
  3. Imports of Meat of Bovine Animals; Fresh or Chilled in Cameroon
  4. Exports of Meat of Bovine Animals; Fresh or Chilled in Cameroon

Price for Meat of Bovine Animals; Fresh or Chilled in Cameroon (CIF) - 2022

The average import price for meat of bovine animals; fresh or chilled stood at $4,888 per ton in 2022, jumping by 20% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 74%. The import price peaked at $8,696 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($5,378 per ton), while the price for France amounted to $4,871 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.8%).

Price for Meat of Bovine Animals; Fresh or Chilled in Cameroon (FOB) - 2022

In 2022, the average export price for meat of bovine animals; fresh or chilled amounted to $4,781 per ton, picking up by 7.5% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for meat of bovine animals; fresh or chilled increased by +19.8% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 50% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Central African Republic ($4,992 per ton), while the average price for exports to Congo amounted to $462 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Central African Republic (+7.3%).

Imports of Meat of Bovine Animals; Fresh or Chilled in Cameroon

Imports of meat of bovine animals; fresh or chilled into Cameroon skyrocketed to 36 tons in 2022, surging by 491% compared with 2021 figures. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of meat of bovine animals; fresh or chilled soared to $177K in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Meat of Bovine Animals; Fresh or Chilled in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.93.517.9168471.5%
Belgium1.96.21.88.363.5%
Ethiopia3.8N/AN/AN/A0%
Others0.10.85.30.8100.0%
Total6.610.425.0177199.3%

Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Cameroon in 2022:

  1. France (34.5 tons)
  2. Belgium (1.5 tons)

Exports of Meat of Bovine Animals; Fresh or Chilled in Cameroon

In 2022, approx. 279 kg of meat of bovine animals; fresh or chilled were exported from Cameroon; increasing by 3.3% on 2021. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 15%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of meat of bovine animals; fresh or chilled rose notably to $1.3K in 2022. The total export value increased at an average annual rate of +11.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 11% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Meat of Bovine Animals; Fresh or Chilled in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Central African Republic9711,0761,1681,32811.0%
Congo3.06.08.06.026.0%
OthersN/A1.025.0N/A2400.0%
Total9741,0831,2011,33411.1%

Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Cameroon in 2022:

  1. Central African Republic (266.0 kg)
  2. Congo (13.0 kg)

Source: IndexBox Market Intelligence Platform

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