Cameroon: Chicory Market 2020

Chicory Market Size in Cameroon

The revenue of the chicory market in Cameroon amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Cameroon chicory consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Chicory Production in Cameroon

In value terms, chicory production totaled $X in 2018 estimated in export prices. Over the period under review, the total output indicated a buoyant expansion from 2007 to 2018: its value 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, chicory production increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Cameroon chicory production peaked in 2018 and is likely to see steady growth in the near future.

In 2018, the average chicory yield in Cameroon totaled X kg per ha, remaining stable against the previous year. Over the period under review, the chicory 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 2018, the total area harvested in terms of chicory production in Cameroon totaled X ha, standing approx. at the previous year. In general, the chicory harvested area continues to indicate a relatively flat trend pattern.

Chicory Exports

Exports by Country

In 2018, France (X tons), distantly followed by Sudan (X tons) and Belgium (X tons) were the key exporters of chicory, together comprising X% of total exports. The following exporters - China (X tons), the U.S. (X tons), Myanmar (X tons), Germany (X tons), India (X tons), the Netherlands (X tons) and the UK (X tons) - together made up X% 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 the U.S., while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the largest chicory supplier from Cameroon, comprising X% of global exports. The second position in the ranking was occupied by Sudan ($X), with a X% share of global exports. It was followed by China, with a X% share.

In France, chicory exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Sudan (+X% per year) and China (+X% per year).

Export Prices by Country

In 2018, the chicory export price in Cameroon amounted to $X per ton, leveling off at the previous year. In general, the chicory export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the UK ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Chicory Imports

Imports by Country

In 2018, Yemen (X tons), Russia (X tons), Switzerland (X tons), Germany (X tons), Portugal (X tons), the Netherlands (X tons), Italy (X tons) and Denmark (X tons) represented the key importers of chicory in the world, comprising 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 Denmark, while the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X), Switzerland ($X) and Russia ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. The Netherlands, Germany, Italy, Denmark and Portugal lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the chicory import price in Cameroon amounted to $X per ton, approximately equating the previous year. Overall, the chicory import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Portugal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform