Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon - 2022

Contents:

  1. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon (CIF) - 2022
  2. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon (FOB) - 2022
  3. Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon
  4. Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon

Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon (CIF) - 2022

In 2022, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,535 per ton, picking up by 23% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for powdered unsweetened milk and cream of fat weight content over 1.5% increased by +68.9% against 2016 indices. Over the period under review, average import prices reached the maximum at $4,567 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,664 per ton), while the price for Australia ($842 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon (FOB) - 2022

The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $6,458 per ton in 2022, which is down by -2.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 14%. Over the period under review, the average export prices attained the peak figure at $7,111 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Equatorial Guinea ($8,552 per ton), while the average price for exports to Chad ($1,731 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 Equatorial Guinea (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon

In 2022, purchases abroad of powdered unsweetened milk and cream of fat weight content over 1.5% decreased by -61.8% to 10K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 49%. As a result, imports attained the peak of 27K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% contracted rapidly to $45M in 2022. Over the period under review, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 46%.

Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands11.911.519.67.1-15.8%
New Zealand6.98.97.13.6-19.5%
Argentina4.15.21.63.3-7.0%
Oman1.51.80.22.417.0%
United Arab Emirates1.75.51.31.70.0%
Germany0.92.62.81.313.0%
United Kingdom2.32.23.20.5-39.9%
Australia0.90.91.00.4-23.7%
France0.91.74.40.3-30.7%
Belgium1.94.33.70.2-52.8%
Others31.149.151.524.6-7.5%
Total64.193.896.345.4-10.9%

Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Cameroon in 2022:

  1. Netherlands (921.0 tons)
  2. New Zealand (752.8 tons)
  3. Argentina (721.3 tons)
  4. Australia (510.4 tons)
  5. United Arab Emirates (502.7 tons)
  6. Oman (416.5 tons)
  7. Germany (319.2 tons)
  8. United Kingdom (77.4 tons)
  9. Belgium (54.1 tons)
  10. France (50.1 tons)

Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon

In 2022, the amount of powdered unsweetened milk and cream of fat weight content over 1.5% exported from Cameroon soared to 1.2K tons, increasing by 215% on the previous year. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% skyrocketed to $7.8M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/A8264,399432.6%
Central African Republic5246914871,10928.4%
Gabon42089652179323.6%
Equatorial Guinea57061467.0390-11.9%
Chad81.136.518.524.8-32.6%
Others1,0461,6536271,1212.3%
Total2,6413,8902,5467,83743.7%

Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Cameroon in 2022:

  1. Democratic Republic of the Congo (694.0 tons)
  2. Central African Republic (174.1 tons)
  3. Gabon (122.8 tons)
  4. Equatorial Guinea (45.6 tons)
  5. Chad (14.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) - Cameroon