Cameroon: Vinegar Market 2024

Vinegar Market Size in Cameroon

The Cameroonian vinegar market rose markedly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption recorded a strong increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Vinegar Production in Cameroon

In value terms, vinegar production expanded sharply to $X in 2022 estimated in export price. In general, production continues to indicate strong growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Vinegar Exports

Exports from Cameroon

In 2022, after four years of decline, there was significant growth in shipments abroad of vinegar, when their volume increased by X% to X kg. Overall, exports, however, saw a deep reduction. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vinegar exports contracted to $X in 2022. In general, exports showed a pronounced increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank in the following year.

Exports by Country

Central African Republic (X kg) was the main destination for vinegar exports from Cameroon, accounting for a X% share of total exports. It was followed by Congo (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Central African Republic was relatively modest.

In value terms, Central African Republic ($X) emerged as the key foreign market for vinegar exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Congo ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Central African Republic was relatively modest.

Export Prices by Country

In 2022, the average vinegar export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, showed a strong increase. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then dropped in the following year.

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 Congo stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (X%).

Vinegar Imports

Imports into Cameroon

In 2022, vinegar imports into Cameroon skyrocketed to X tons, growing by X% compared with 2021. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, vinegar imports totaled $X in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of vinegar to Cameroon, accounting for a X% share of total imports. Moreover, vinegar imports from France exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. Spain (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 France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Spain (X% per year).

In value terms, France ($X) constituted the largest supplier of vinegar to Cameroon, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total imports. It was followed by Italy, 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: the United Arab Emirates (X% per year) and Italy (X% per year).

Import Prices by Country

The average vinegar import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

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 Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform