Price for Protein; Concentrates and Textured Protein Substances in Cameroon - 2022

Contents:

  1. Price for Protein; Concentrates and Textured Protein Substances in Cameroon (CIF) - 2022
  2. Price for Protein; Concentrates and Textured Protein Substances in Cameroon (FOB) - 2022
  3. Imports of Protein; Concentrates and Textured Protein Substances in Cameroon
  4. Exports of Protein; Concentrates and Textured Protein Substances in Cameroon

Price for Protein; Concentrates and Textured Protein Substances in Cameroon (CIF) - 2022

In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $1,697 per ton, with an increase of 32% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 59%. The import price peaked at $1,797 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 France ($5,930 per ton), while the price for China ($992 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Protein; Concentrates and Textured Protein Substances in Cameroon (FOB) - 2022

In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $6,765 per ton, rising by 5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 380%. The export price peaked at $10,423 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +3.1% per year.

Imports of Protein; Concentrates and Textured Protein Substances in Cameroon

In 2022, approx. 32 tons of protein; concentrates and textured protein substanceses were imported into Cameroon; picking up by 67% against the year before. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,222% against the previous year. As a result, imports reached the peak of 47 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of protein; concentrates and textured protein substanceses surged to $54K in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,422% against the previous year. As a result, imports reached the peak of $84K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Protein; Concentrates and Textured Protein Substances in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.745.510.218.790.6%
United Arab Emirates0.34.56.211.3235.2%
ItalyN/A7.53.36.1-9.8%
France0.10.10.25.5280.3%
United StatesN/A0.50.15.5231.7%
China0.11.72.54.6258.3%
South Africa0.44.10.71.035.7%
TurkeyN/A13.50.5N/A-96.3%
Others1.96.40.71.6-5.6%
Total5.583.824.554.1114.3%

Top Suppliers of Protein; Concentrates and Textured Protein Substances to Cameroon in 2022:

  1. United Arab Emirates (9.7 tons)
  2. Netherlands (7.8 tons)
  3. Italy (6.0 tons)
  4. China (4.6 tons)
  5. United States (1.5 tons)
  6. France (0.9 tons)
  7. South Africa (0.7 tons)

Exports of Protein; Concentrates and Textured Protein Substances in Cameroon

In 2022, shipments abroad of protein; concentrates and textured protein substanceses was finally on the rise to reach 68 kg after two years of decline. In general, exports, however, faced a drastic downturn.

In value terms, exports of protein; concentrates and textured protein substanceses skyrocketed to $460 in 2022. Over the period under review, exports, however, continue to indicate a dramatic slump.

Export of Protein; Concentrates and Textured Protein Substances in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait988550333453-22.9%
Switzerland23.034.0N/AN/A47.8%
OthersN/AN/A2.07.0250.0%
Total1,011584335460-23.1%

Top Export Markets for Protein; Concentrates and Textured Protein Substances from Cameroon in 2022:

  1. Kuwait (67.0 kg)

Source: IndexBox Market Intelligence Platform

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