Spices; Nutmeg Price in Cameroon - 2022
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Spices; Nutmeg Price in Cameroon (CIF) - 2022
The average spices; nutmeg import price stood at $70,581 per ton in 2022, with a decrease of -10.4% against the previous year. Overall, the import price, however, recorded significant growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 28% against the previous year. The import price peaked at $78,800 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($510,000 per ton), while the price for China ($13,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+63.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Nutmeg Imports in Cameroon
In 2022, overseas purchases of spices; nutmeg were finally on the rise to reach 43 kg after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt slump.
In value terms, spices; nutmeg imports declined slightly to $3K in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 8% against the previous year. As a result, imports reached the peak of $3.2K, and then shrank modestly in the following year.
Import of Spices; Nutmeg in Cameroon (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 2,300 | 2,463 | 2,635 | 2,512 | 3.0% |
India | 378 | 434 | 499 | 510 | 10.5% |
China | 26.0 | 22.0 | 18.0 | 13.0 | -20.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2,704 | 2,919 | 3,152 | 3,035 | 3.9% |
Top Suppliers of Spices; Nutmeg to Cameroon in 2022:
- France (41.0 kg)
- India (1.0 kg)
- China (1.0 kg)
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Cameroon.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Cameroon.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,