Cameroon: Oil Crops Market 2025

Oil Crops Market Size in Cameroon

The Cameroonian oil crops market totaled $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Oil Crops Production in Cameroon

In value terms, oil crops production expanded significantly to $X in 2022 estimated in export price. In general, production, however, showed a measured expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of oil crops (primary) in Cameroon declined modestly to X tons per ha in 2022, which is down by X% on 2021 figures. 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 when the yield increased by X%. The oil crops yield peaked at X tons per ha in 2021, and then fell slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The oil crops harvested area in Cameroon expanded modestly to X ha in 2022, increasing by X% compared with the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to oil crops production reached the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Oil Crops Exports

Exports from Cameroon

In 2022, shipments abroad of oil crops (primary) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, oil crops exports contracted dramatically to $X in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

Nigeria (X tons) was the main destination for oil crops exports from Cameroon, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria totaled X%.

In value terms, Nigeria ($X) also remains the key foreign market for oil crops (primary) exports from Cameroon.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria totaled X%.

Export Prices by Country

The average oil crops export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price showed a abrupt setback. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 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 Nigeria.

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

Oil Crops Imports

Imports into Cameroon

In 2022, overseas purchases of oil crops (primary) increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, oil crops imports skyrocketed to $X in 2022. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main supplier of oil crops to Cameroon, with a X% share of total imports. It was followed by France (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled X%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%.

Import Prices by Country

In 2022, the average oil crops import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 France ($X per ton), while the price for the United Arab Emirates amounted to $X per ton.

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

Source: IndexBox Platform