Cameroon: Dried Prune Market 2024

Dried Prune Market Size in Cameroon

The Cameroonian dried prune market totaled $X in 2022, flattening at the previous year. In general, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.1% against 2019 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Dried Prune Production in Cameroon

In value terms, dried prune production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.0% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by 27% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Dried Prune Exports

Exports from Cameroon

In 2022, shipments abroad of dried prunes decreased by 0% to X kg, falling for the second year in a row after three years of growth. Over the period under review, exports enjoyed prominent growth. The growth pace was the most rapid in 2016 when exports increased by 1,136%. Over the period under review, the exports hit record highs at X kg in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, dried prune exports stood at $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 1,715%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X kg) was the main destination for dried prune exports from Cameroon, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to +14.3%.

In value terms, Canada ($X) also remains the key foreign market for dried prunes exports from Cameroon.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada stood at +20.6%.

Export Prices by Country

In 2022, the average dried prune export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 93%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +158.6% per year.

Dried Prune Imports

Imports into Cameroon

Dried prune imports into Cameroon expanded notably to X tons in 2022, increasing by 11% on 2021. In general, imports saw a temperate increase. The most prominent rate of growth was recorded in 2017 with an increase of 184% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dried prune imports expanded remarkably to $X in 2022. Over the period under review, imports posted noticeable growth. The pace of growth appeared the most rapid in 2017 when imports increased by 93%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest dried prune supplier to Cameroon, accounting for a 76% share of total imports. Moreover, dried prune imports from France exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold. The United States (X kg) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+30.7% per year) and the United States (+23.3% per year).

In value terms, France ($X), India ($X) and the United States ($X) constituted the largest dried prune suppliers to Cameroon, together comprising 93% of total imports.

In terms of the main suppliers, India, with a CAGR of +52.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average dried prune import price stood at $X per ton in 2022, waning by -1.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 24%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform