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Cameroon - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCameroon: Canned Vegetable Market 2024
Canned Vegetable Market Size in Cameroon
The Cameroonian canned vegetable market soared to $X in 2022, with an increase of 24% against the previous year. Overall, consumption recorded a prominent expansion. Canned vegetable consumption peaked in 2022 and is expected to retain growth in the immediate term.
Canned Vegetable Production in Cameroon
In value terms, canned vegetable production reached $X in 2022 estimated in export price. In general, production enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by 44%. Canned vegetable production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.
Canned Vegetable Exports
Exports from Cameroon
In 2022, exports of canned vegetables from Cameroon shrank notably to X tons, declining by -23.4% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a temperate increase. The growth pace was the most rapid in 2018 when exports increased by 125%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, canned vegetable exports dropped remarkably to $X in 2022. In general, exports, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2018 with an increase of 115% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Exports by Country
France (X tons) was the main destination for canned vegetable exports from Cameroon, with a 48% share of total exports. It was followed by the United States (X tons), with a 1.5% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+62.3% per year) and Belgium (+11.5% per year).
In value terms, France ($X) remains the key foreign market for canned vegetables exports from Cameroon, comprising 49% of total exports. The second position in the ranking was taken by the United States ($X), with a 0.8% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+59.6% per year) and Belgium (+8.8% per year).
Export Prices by Country
In 2022, the average canned vegetable export price amounted to $X per ton, reducing by -14.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 31%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United States ($X 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 France (+0.5%), while the prices for the other major destinations experienced a decline.
Canned Vegetable Imports
Imports into Cameroon
In 2022, approx. X tons of canned vegetables were imported into Cameroon; shrinking by -38% against 2021. Overall, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 97%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
In value terms, canned vegetable imports contracted rapidly to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 168%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.
Imports by Country
France (X tons), China (X tons) and Italy (X tons) were the main suppliers of canned vegetable imports to Cameroon, together accounting for 52% of total imports. Morocco, Lebanon, the United States, the United Arab Emirates, the UK, Israel, Spain, the Netherlands, Belgium and Egypt lagged somewhat behind, together comprising a further 19%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +14.7%), while imports for the other leaders experienced more modest paces of growth.
In value terms, France ($X) constituted the largest supplier of canned vegetables to Cameroon, comprising 25% of total imports. The second position in the ranking was held by China ($X), with a 10% share of total imports. It was followed by Lebanon, with a 9.4% share.
From 2012 to 2022, the average annual growth rate of value from France totaled -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.8% per year) and Lebanon (+30.9% per year).
Import Prices by Country
The average canned vegetable import price stood at $X per ton in 2022, jumping by 27% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2019 an increase of 36%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the canned vegetable market in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 472 - Vegetables, Preserved nes (O/T vinegar)
Country coverage:
- Cameroon
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cameroon
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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