Price for Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon - 2022
Contents:
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon (FOB) - 2022
- Price for Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon (CIF) - 2022
- Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon
- Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon (FOB) - 2022
The average export price for tobacco; partly or wholly stemmed or stripped stood at $5,060 per ton in 2022, with a decrease of -5.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 44%. The export price peaked at $7,021 per ton in 2018; however, from 2019 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 the Dominican Republic ($6,475 per ton), while the average price for exports to Belgium ($2,783 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 the Dominican Republic (+1.1%), while the prices for the other major destinations experienced a decline.
Price for Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon (CIF) - 2022
In 2022, the average import price for tobacco; partly or wholly stemmed or stripped amounted to $2,957 per ton, approximately mirroring the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 24% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Senegal ($5,582 per ton), while the price for Indonesia ($827 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon
Exports of tobacco; partly or wholly stemmed or stripped from Cameroon soared to 294 tons in 2022, with an increase of 26% compared with 2021. In general, total exports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, the exports attained the peak of 348 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tobacco; partly or wholly stemmed or stripped skyrocketed to $1.5M in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 42%. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 439 | 974 | 1,022 | 803 | 22.3% |
| United States | 763 | 679 | 116 | 610 | -7.2% |
| Belgium | 22.5 | 79.7 | 55.7 | 75.7 | 49.8% |
| Turkey | N/A | N/A | 51.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,224 | 1,733 | 1,245 | 1,489 | 6.8% |
Top Export Markets for Tobacco; Partly or Wholly Stemmed or Stripped from Cameroon in 2022:
- United States (143.0 tons)
- Dominican Republic (124.0 tons)
- Belgium (27.2 tons)
Imports of Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon
In 2022, imports of tobacco; partly or wholly stemmed or stripped into Cameroon shrank to 9 tons, leveling off at the previous year's figure. In general, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 0.5%.
In value terms, imports of tobacco; partly or wholly stemmed or stripped declined modestly to $27K in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 16%.
| Import of Tobacco; Partly or Wholly Stemmed or Stripped in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 19.8 | 22.9 | 22.8 | 22.6 | 4.5% |
| Indonesia | 3.0 | 3.6 | 3.8 | 4.0 | 10.1% |
| Malawi | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.9 | 26.6 | 26.7 | 26.7 | 5.3% |
Top Suppliers of Tobacco; Partly or Wholly Stemmed or Stripped to Cameroon in 2022:
- Indonesia (4.8 tons)
- Senegal (4.0 tons)
- Malawi (0.1 tons)
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