Cameroon: Beef Market 2020

Beef Market Size in Cameroon

The revenue of the beef market in Cameroon amounted to $X in 2018, picking up by X% against the previous year. In general, beef consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the market value increased by X% y-o-y. Over the period under review, the beef market attained its maximum level at $X in 2009; however, from 2010 to 2018, consumption remained at a lower figure.

Beef Production in Cameroon

In value terms, beef production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated measured growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef production decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Cameroon beef production peaked at $X in 2013; however, from 2014 to 2018, production failed to regain its momentum.

Beef Exports

Exports from Cameroon

Beef exports from Cameroon stood at X kg in 2018, going down by -X% against the previous year. In general, beef exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. In that year, beef exports reached their peak of X tons, and then declined slightly in the following year.

In value terms, beef exports totaled $X in 2018. In general, beef exports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. In that year, beef exports reached their peak of $X, and then declined slightly in the following year.

Exports by Country

Brazil (X tons), India (X tons), Australia (X tons) and the U.S. (X tons) represented roughly X% of total exports of beef (cattle meat) in 2018. It was distantly followed by the Netherlands (X tons), achieving a X% share of total exports. New Zealand (X tons), Poland (X tons), Ireland (X tons), Canada (X tons), Argentina (X tons), Germany (X tons) and Uruguay (X tons) held a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets from Cameroon were the U.S. ($X), Australia ($X) and Brazil ($X), together accounting for X% of total exports. These countries were followed by India, the Netherlands, Ireland, New Zealand, Argentina, Canada, Poland, Germany, Uruguay and Cameroon, which together accounted for a further X the main exporting countries, India experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the beef export price in Cameroon amounted to $X per ton, increasing by X% against the previous year. In general, the export price indicated a tangible expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef export price decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2018 when the export price increased by X% y-o-y. Over the period under review, the export prices for beef (cattle meat) reached their peak figure at $X per ton in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Beef Imports

Imports into Cameroon

In 2018, approx. X tons of beef (cattle meat) were imported into Cameroon; increasing by X% against the previous year. Over the period under review, beef imports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. In that year, beef imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, beef imports stood at $X in 2018. Over the period under review, beef imports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Cameroon imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

The countries with the highest levels of beef imports in 2018 were the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), Russia (X tons), the UK (X tons) and France (X tons), together recording X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and China ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by South Korea, Vietnam, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, France, Russia and Cameroon, which together accounted for a further X the main importing countries, Vietnam recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The beef import price in Cameroon stood at $X per ton in 2018, shrinking by -X% against the previous year. Over the period under review, the beef import price continues to indicate a drastic curtailment. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the import prices for beef (cattle meat) attained their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform