Cameroon: Nuts Market 2024

Nuts Market Size in Cameroon

The Cameroonian nuts market reduced to $X in 2022, waning by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Nuts Production in Cameroon

In value terms, nuts production fell markedly to $X in 2022 estimated in export price. In general, production, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

The average yield of nuts in Cameroon declined slightly to X kg per ha in 2022, leveling off at the year before. Over the period under review, the yield recorded a slight decline. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the average nuts yield reached the peak level at X kg per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The nuts harvested area in Cameroon contracted slightly to X ha in 2022, approximately reflecting the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to nuts production attained the peak figure at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Nuts Exports

Exports from Cameroon

In 2022, overseas shipments of nuts decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, nuts exports reduced markedly to $X in 2022. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Vietnam (X tons), France (X tons) and Germany (X tons) were the main destinations of nuts exports from Cameroon, with a combined X% share of total exports. Central African Republic, India, Belgium and Canada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Central African Republic (with a CAGR of X.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Central African Republic ($X), Germany ($X) and France ($X) were the largest markets for nuts exported from Cameroon worldwide, with a combined X% share of total exports.

Central African Republic, with a CAGR of X.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nuts export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price enjoyed a modest increase. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Central African Republic ($X per ton), while the average price for exports to Vietnam ($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 Central African Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into Cameroon

In 2022, supplies from abroad of nuts decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, nuts imports totaled $X in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Nigeria (X tons) was the main nuts supplier to Cameroon, with a X% share of total imports. Moreover, nuts imports from Nigeria exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. The third position in this ranking was held by France (X kg), with a X% share.

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

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

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

Import Prices by Country

In 2022, the average nuts import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform