Price for Spices; Ginger, Crushed or Ground in Cameroon - 2022
Contents:
- Price for Spices; Ginger, Crushed or Ground in Cameroon (FOB) - 2022
- Price for Spices; Ginger, Crushed or Ground in Cameroon (CIF) - 2022
- Exports of Spices; Ginger, Crushed or Ground in Cameroon
- Imports of Spices; Ginger, Crushed or Ground in Cameroon
Price for Spices; Ginger, Crushed or Ground in Cameroon (FOB) - 2022
In 2022, the average export price for spices; ginger, crushed or ground amounted to $724 per ton, dropping by -20.9% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices hit record highs at $1,363 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chad ($6,179 per ton), while the average price for exports to the United States ($73 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 Gabon (+98.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Ginger, Crushed or Ground in Cameroon (CIF) - 2022
In 2022, the average import price for spices; ginger, crushed or ground amounted to $657 per ton, dropping by -33% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the peak figure at $2,008 per ton in 2014; however, from 2015 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 China ($4,233 per ton), while the price for Nigeria ($126 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+55.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Ginger, Crushed or Ground in Cameroon
In 2022, shipments abroad of spices; ginger, crushed or ground was finally on the rise to reach 34 tons after two years of decline. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; ginger, crushed or ground exports surged to $25K in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spices; Ginger, Crushed or Ground in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.5 | 0.7 | 1.2 | 6.9 | 139.9% |
| Chad | 17.4 | 8.5 | 1.1 | 6.2 | -29.1% |
| France | 0.6 | N/A | N/A | 4.3 | 92.8% |
| Belgium | 0.2 | 0.6 | 0.2 | 0.8 | 58.7% |
| United States | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Gabon | 2.9 | 2.8 | N/A | N/A | -3.4% |
| Senegal | N/A | 5.7 | N/A | N/A | 0% |
| Canada | 1.2 | 0.5 | N/A | N/A | -58.3% |
| Others | 1.5 | 0.1 | 0.7 | 6.3 | 61.3% |
| Total | 24.4 | 18.9 | 3.2 | 24.6 | 0.3% |
Top Export Markets for Spices; Ginger, Crushed or Ground from Cameroon in 2022:
- France (6.3 tons)
- Switzerland (4.0 tons)
- Belgium (2.9 tons)
- United States (2.1 tons)
- Chad (1.0 tons)
Imports of Spices; Ginger, Crushed or Ground in Cameroon
In 2022, approx. 9.2 tons of spices; ginger, crushed or ground were imported into Cameroon; rising by 77% on 2021. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 158% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, spices; ginger, crushed or ground imports surged to $6.1K in 2022. In general, imports posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 126% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Spices; Ginger, Crushed or Ground in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,910 | 652 | 2,139 | 2,869 | -0.5% |
| China | 611 | 543 | 741 | 1,528 | 35.7% |
| Nigeria | 874 | 216 | 687 | 895 | 0.8% |
| France | 336 | 106 | 292 | 505 | 14.5% |
| Lebanon | N/A | 666 | 91.0 | N/A | -86.3% |
| Others | 31.0 | 89.0 | 1,179 | 269 | 105.5% |
| Total | 4,762 | 2,272 | 5,129 | 6,066 | 8.4% |
Top Suppliers of Spices; Ginger, Crushed or Ground to Cameroon in 2022:
- Nigeria (7.1 tons)
- Germany (1.1 tons)
- France (0.5 tons)
- China (0.4 tons)
980
This report provides an in-depth analysis of the ginger market in Cameroon.
76
This report provides an in-depth analysis of the market for spices except pepper or ginger in Cameroon.
98
This report provides an in-depth analysis of the olive oil market in Cameroon.
135
This report provides an in-depth analysis of the paint and varnish market in Cameroon.
92
This report provides an in-depth analysis of the virgin olive oil market in Cameroon.
133
This report provides an in-depth analysis of the market for dog and cat food in Cameroon.
437
This report provides an in-depth analysis of the apricot market in Cameroon.
141
This report provides an in-depth analysis of the market for urea and thiourea resins in Cameroon.
78
This report provides an in-depth analysis of the encased lead pencil market in Cameroon.
118
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Cameroon.
1206
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1120
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
818
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7737
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8673
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1414
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7995
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
12103
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1705
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3488
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
