Cameroon: Dairy Produce Market 2024

Dairy Produce Market Size in Cameroon

The Cameroonian dairy produce market stood at $X in 2022, remaining constant against the previous year. Over the period under review, consumption saw a noticeable slump. Dairy produce consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Dairy Produce Production in Cameroon

In value terms, dairy produce production totaled $X in 2022 estimated in export price. Overall, production showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of X%. Dairy produce production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Dairy Produce Exports

Exports from Cameroon

After two years of growth, overseas shipments of dairy produce decreased by X% to X tons in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, dairy produce exports reduced modestly to $X in 2022. Overall, exports recorded a slight slump. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Gabon (X tons), Central African Republic (X tons) and Equatorial Guinea (X tons) were the main destinations of dairy produce exports from Cameroon, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Central African Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Gabon ($X) remains the key foreign market for dairy produce exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Central African Republic ($X), with a X% share of total exports. It was followed by Equatorial Guinea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Gabon totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Central African Republic (X% per year) and Equatorial Guinea (X% per year).

Export Prices by Country

In 2022, the average dairy produce export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, showed a mild slump. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Equatorial Guinea ($X per ton), while the average price for exports to Senegal ($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 Equatorial Guinea (X%), while the prices for the other major destinations experienced mixed trend patterns.

Dairy Produce Imports

Imports into Cameroon

In 2022, after two years of growth, there was decline in overseas purchases of dairy produce, when their volume decreased by X% to X tons. Over the period under review, total imports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, dairy produce imports fell modestly to $X in 2022. In general, total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of dairy produce to Cameroon, accounting for a X% share of total imports. Moreover, dairy produce imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fivefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and France (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of dairy produce to Cameroon, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Malaysia (X% per year).

Import Prices by Country

The average dairy produce import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform