Report Update Nov 1, 2024

Cameroon - Artichokes - Market Analysis, Forecast, Size, Trends and Insights

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Cameroon: Artichoke Market 2024

Artichoke Market Size in Cameroon

In 2022, the Cameroonian artichoke market increased by 1.1% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption continues to indicate a pronounced increase. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Artichoke Production in Cameroon

In value terms, artichoke production amounted to $X in 2022 estimated in export price. Overall, production saw a sharp reduction. The growth pace was the most rapid in 2015 with a decrease of -7.4% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

In 2022, the average artichoke yield in Cameroon totaled less than X kg per ha, remaining constant against the previous year. In general, the yield recorded 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.

The artichoke harvested area in Cameroon was estimated at less than X ha in 2022, remaining constant against the previous year's figure. In general, the harvested area recorded a relatively flat trend pattern.

Artichoke Exports

Exports from Cameroon

Artichoke exports from Cameroon expanded remarkably to X tons in 2015, surging by 8.8% compared with 2014. Over the period under review, exports, however, showed a dramatic curtailment. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2015, the exports stood at a somewhat lower figure.

In value terms, artichoke exports skyrocketed to $X in 2015. Overall, exports, however, showed a pronounced reduction. The exports peaked at $X in 2013; however, from 2014 to 2015, the exports failed to regain momentum.

Exports by Country

Russia (X kg) and Belarus (X kg) were the main destinations of artichoke exports from Cameroon.

From 2013 to 2015, the biggest increases were recorded for Belarus (with a CAGR of 0.0%).

In value terms, Belarus ($X) emerged as the key foreign market for artichokes exports from Cameroon, comprising 81% of total exports. The second position in the ranking was taken by Russia ($X), with a 19% share of total exports.

From 2013 to 2015, the average annual rate of growth in terms of value to Belarus was relatively modest.

Export Prices by Country

In 2015, the average artichoke export price amounted to $X per ton, growing by 71% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2015, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Russia stood at $X per ton.

From 2013 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-94.7%).

Artichoke Imports

Imports into Cameroon

After two years of decline, purchases abroad of artichokes increased by 12% to X kg in 2022. Over the period under review, imports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of 206% against the previous year. Over the period under review, imports reached the peak figure at X kg in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, artichoke imports contracted modestly to $X in 2022. In general, imports showed buoyant growth. The growth pace was the most rapid in 2018 with an increase of 601%. Imports peaked at $X in 2021, and then dropped modestly in the following year.

Imports by Country

In 2022, France (X kg) was the main artichoke supplier to Cameroon, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from France totaled -3.3%.

In value terms, France ($X) constituted the largest supplier of artichokes to Cameroon.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at +9.2%.

Import Prices by Country

The average artichoke import price stood at $X per ton in 2022, declining by -15.2% against the previous year. In general, the import price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 129%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then declined rapidly in the following year.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +101.2% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the artichoke 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 366 - Artichokes

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023