Cameroon: Market for Spices Except Pepper or Ginger 2024

Market Size for Spices Except Pepper or Ginger in Cameroon

In 2023, the Cameroonian market for spices except pepper or ginger increased by X% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Spices Except Pepper or Ginger in Cameroon

In value terms, spices except pepper or ginger production rose sharply to $X in 2023 estimated in export price. Overall, production recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

In 2023, the average spices except pepper or ginger yield in Cameroon was estimated at less than X kg per ha, approximately reflecting the previous year's figure. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. less than X ha of spices except pepper or ginger were harvested in Cameroon; approximately equating the previous year. In general, the harvested area saw a relatively flat trend pattern.

Exports of Spices Except Pepper or Ginger

Exports from Cameroon

In 2023, approx. X tons of spices except pepper or ginger were exported from Cameroon; stabilizing at the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, spices except pepper or ginger exports skyrocketed to $X in 2023. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

France (X tons), the United States (X tons) and Canada (X tons) were the main destinations of spices except pepper or ginger exports from Cameroon, with a combined X% share of total exports. Belgium and Finland lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Canada ($X) and the United States ($X) were the largest markets for spices except pepper or ginger exported from Cameroon worldwide, together comprising X% of total exports. Finland and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for spices except pepper or ginger stood at $X per ton in 2023, surging by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spices Except Pepper or Ginger

Imports into Cameroon

Spices except pepper or ginger imports into Cameroon reduced slightly to X tons in 2023, with a decrease of X% on the previous year. Overall, imports, however, showed a mild expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, spices except pepper or ginger imports dropped to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2022, and then contracted in the following year.

Imports by Country

In 2023, the United Arab Emirates (X tons) constituted the largest spices except pepper or ginger supplier to Cameroon, with a X% share of total imports. Moreover, spices except pepper or ginger imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and China (X% per year).

In value terms, the largest spices except pepper or ginger suppliers to Cameroon were the United Arab Emirates ($X), India ($X) and France ($X), with a combined X% share of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2023, the average import price for spices except pepper or ginger amounted to $X per ton, waning by X% against the previous year. In general, the import price showed a slight slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lebanon (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform