Cameroon - Cassava - Market Analysis, Forecast, Size, Trends and Insights
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Cassava Market Size in Cameroon
The Cameroonian cassava market expanded slightly to $X in 2022, rising by 2.1% against the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Cassava consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Cassava Production in Cameroon
In value terms, cassava production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by 16% against the previous year. Cassava production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.
The average yield of cassava in Cameroon amounted to X tons per ha in 2022, standing approx. at the previous year. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by 28% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2022, the growth of the average cassava yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2022, the harvested area of cassava in Cameroon reduced slightly to X ha, leveling off at the year before. Overall, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. The cassava harvested area peaked at X ha in 2021, and then contracted slightly in the following year.
Cassava Exports
Exports from Cameroon
In 2022, overseas shipments of cassava were finally on the rise to reach X tons after two years of decline. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 148%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cassava exports surged to $X in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 149% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Canada (X tons) was the main destination for cassava exports from Cameroon, with a 19% share of total exports. Moreover, cassava exports to Canada exceeded the volume sent to the second major destination, Belgium (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 9% share.
From 2012 to 2022, the average annual growth rate of volume to Canada amounted to +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+0.3% per year) and France (+30.3% per year).
In value terms, Canada ($X) remains the key foreign market for cassava exports from Cameroon, comprising 24% of total exports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total exports. It was followed by France, with an 8.1% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to +20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+6.1% per year) and France (+33.5% per year).
Export Prices by Country
The average cassava export price stood at $X per ton in 2022, reducing by -12.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Germany ($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 the UK (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Cassava Imports
Imports into Cameroon
In 2018, imports of cassava into Cameroon amounted to X kg, therefore, remained relatively stable against 2017. In general, imports saw significant growth. The smallest decline of 99.9% was in 2017. Imports peaked in 2018 and are likely to see gradual growth in the immediate term.
In value terms, cassava imports stood at $X in 2018. Overall, imports recorded a buoyant increase. The smallest decline of 99.9% was in 2017. Imports peaked in 2018 and are likely to see gradual growth in the immediate term.
Imports by Country
In 2018, Nigeria (X kg) was the main supplier of cassava to Cameroon, accounting for a approx. 100% share of total imports.
From 2016 to 2018, the average annual rate of growth in terms of volume from Nigeria amounted to +76.4%.
In value terms, Nigeria ($X) constituted the largest supplier of cassava to Cameroon.
From 2016 to 2018, the average annual rate of growth in terms of value from Nigeria stood at +13.1%.
Import Prices by Country
The average cassava import price stood at $X per ton in 2018, approximately equating the previous year. Overall, the import price showed a precipitous shrinkage. The growth pace was the most rapid in 2017 when the average import price decreased by 99.9% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Nigeria.
From 2016 to 2018, the rate of growth in terms of prices for Nigeria amounted to -35.9% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the cassava 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 125 - Cassava
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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