Non-Liquid Margarine Price in Cameroon - 2022

Contents:

  1. Non-Liquid Margarine Price in Cameroon (CIF) - 2022
  2. Non-Liquid Margarine Price in Cameroon (FOB) - 2022
  3. Non-Liquid Margarine Imports in Cameroon
  4. Non-Liquid Margarine Exports in Cameroon

Non-Liquid Margarine Price in Cameroon (CIF) - 2022

The average non-liquid margarine import price stood at $1,465 per ton in 2022, shrinking by -1.6% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-liquid margarine import price increased by +20.2% against 2017 indices. The growth pace was the most rapid in 2013 an increase of 21% against the previous year. The import price peaked at $1,489 per ton in 2021, and then reduced 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 the Netherlands ($1,861 per ton), while the price for Spain ($911 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Liquid Margarine Price in Cameroon (FOB) - 2022

In 2022, the average non-liquid margarine export price amounted to $2,074 per ton, jumping by 51% against the previous year. Over the period under review, the export price enjoyed a modest increase. The growth pace was the most rapid in 2019 when the average export price increased by 156% against the previous year. The export price peaked at $2,119 per ton in 2020; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($18,775 per ton), while the average price for exports to Central African Republic ($1,314 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 France (+43.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Liquid Margarine Imports in Cameroon

In 2022, approx. 3.4K tons of non-liquid margarine were imported into Cameroon; reducing by -26.2% compared with the previous year. Overall, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 110%.

In value terms, non-liquid margarine imports reduced sharply to $4.9M in 2022. In general, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 when imports increased by 121%.

Import of Non-Liquid Margarine in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia6,8792,0104,9103,676-18.9%
Morocco43470.5156264-15.3%
Indonesia906108253235-36.2%
Spain33234.5429228-11.8%
Belgium558137324216-27.1%
Ghana13872.010466.5-21.6%
Netherlands68143914652.7-57.4%
Others854204467194-39.0%
Total10,7813,0746,7894,932-22.9%

Top Suppliers of Non-Liquid Margarine to Cameroon in 2022:

  1. Tunisia (2340.7 tons)
  2. Spain (250.0 tons)
  3. Morocco (221.3 tons)
  4. Indonesia (201.0 tons)
  5. Belgium (126.1 tons)
  6. Ghana (64.7 tons)
  7. Netherlands (28.3 tons)

Non-Liquid Margarine Exports in Cameroon

Non-liquid margarine exports from Cameroon soared to 25 tons in 2022, picking up by 726% against the previous year's figure. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,439%. As a result, the exports attained the peak of 48 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-liquid margarine exports surged to $53K in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 2,377%. As a result, the exports attained the peak of $101K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Non-Liquid Margarine in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gabon1.145.12.023.9179.0%
Congo1.116.81.114.9138.4%
Canada0.719.10.18.1126.2%
Central African Republic0.86.00.33.665.1%
France0.314.00.72.191.3%
OthersN/AN/A0.1N/A0%
Total4.11014.252.6134.1%

Top Export Markets for Non-Liquid Margarine from Cameroon in 2022:

  1. Gabon (13.8 tons)
  2. Congo (7.6 tons)
  3. Canada (5.3 tons)
  4. Central African Republic (2.7 tons)
  5. France (0.1 tons)

Source: IndexBox Market Intelligence Platform

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