Cameroon: Meat Market 2024

Meat Market Size in Cameroon

In 2022, the Cameroonian meat market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a relatively flat trend pattern. Meat consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Meat Production in Cameroon

In value terms, meat production contracted modestly to $X in 2022 estimated in export price. Overall, production saw a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. Meat production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

In 2022, the average yield of meat in Cameroon amounted to X kg per head, stabilizing at the year before. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the yield attained the peak level of X kg per head. From 2015 to 2022, the growth of the average meat yield failed to regain momentum.

In 2022, approx. X heads of animals slaughtered for meat production in Cameroon; flattening at the previous year. In general, the number of producing animals, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the number of producing animals increased by X%. Over the period under review, this number hit record highs at X heads in 2021, and then dropped in the following year.

Meat Exports

Exports from Cameroon

In 2022, approx. X tons of meat were exported from Cameroon; picking up by X% compared with the year before. Over the period under review, exports recorded strong growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, meat exports expanded rapidly to $X in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Central African Republic (X tons) was the main destination for meat exports from Cameroon, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Central African Republic amounted to X%.

In value terms, Central African Republic ($X) also remains the key foreign market for meat exports from Cameroon.

From 2012 to 2022, the average annual growth rate of value to Central African Republic stood at X%.

Export Prices by Country

In 2022, the average meat export price amounted to $X per ton, surging by X% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price 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, meat export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Central African Republic amounted to X% per year.

Meat Imports

Imports into Cameroon

In 2022, supplies from abroad of meat increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, imports, however, recorded a sharp shrinkage. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, meat imports dropped slightly to $X in 2022. In general, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

France (X tons), Chile (X tons) and India (X tons) were the main suppliers of meat imports to Cameroon, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of meat to Cameroon, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Chile (X% per year).

Import Prices by Country

The average meat import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price, however, posted prominent growth. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then shrank dramatically in the following year.

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

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

Source: IndexBox Platform