Price for Cereals; Maize (Corn), Seed in Cameroon - 2022
Contents:
- Price for Cereals; Maize (Corn), Seed in Cameroon (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Cameroon (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Cameroon
- Exports of Cereals; Maize (Corn), Seed in Cameroon
Price for Cereals; Maize (Corn), Seed in Cameroon (CIF) - 2022
In 2022, the average cereals; maize (corn), seed import price amounted to $1,152 per ton, rising by 14% against the previous year. Overall, the import price, however, recorded a deep reduction. Over the period under review, average import prices reached the maximum at $3,510 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Burkina Faso ($2,894 per ton), while the price for Brazil ($238 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Seed in Cameroon (FOB) - 2022
The average cereals; maize (corn), seed export price stood at $1,808 per ton in 2022, picking up by 25% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,235 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Gabon ($1,837 per ton), while the average price for exports to Central African Republic amounted to $1,391 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (+0.7%).
Imports of Cereals; Maize (Corn), Seed in Cameroon
In 2022, after three years of growth, there was significant decline in overseas purchases of cereals; maize (corn), seeds, when their volume decreased by -18.9% to 402 tons. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 141%.
In value terms, cereals; maize (corn), seed imports shrank to $463K in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 21% against the previous year.
| Import of Cereals; Maize (Corn), Seed in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 27.1 | 61.0 | 166 | 117 | 62.8% |
| South Africa | 110 | 154 | 80.8 | 74.8 | -12.1% |
| Thailand | 28.3 | 31.9 | 44.6 | 74.6 | 38.1% |
| India | 11.9 | 14.9 | 50.2 | 41.2 | 51.3% |
| Malawi | N/A | N/A | N/A | 29.3 | 0% |
| Zambia | 125 | 86.9 | 75.5 | 23.4 | -42.8% |
| Brazil | 7.3 | 7.9 | 8.6 | 4.8 | -13.0% |
| United Arab Emirates | N/A | 42.1 | N/A | N/A | 0% |
| Others | 40.9 | 26.7 | 75.1 | 98.0 | 33.8% |
| Total | 351 | 426 | 501 | 463 | 9.7% |
Top Suppliers of Cereals; Maize (Corn), Seed to Cameroon in 2022:
- Argentina (237.6 tons)
- Thailand (31.1 tons)
- South Africa (27.5 tons)
- Brazil (20.1 tons)
- India (18.7 tons)
- Zambia (13.3 tons)
- Malawi (10.3 tons)
Exports of Cereals; Maize (Corn), Seed in Cameroon
Cereals; maize (corn), seed exports from Cameroon shrank significantly to 5.5 tons in 2022, reducing by -39.9% against the year before. Over the period under review, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 344% against the previous year. As a result, the exports reached the peak of 9.1 tons, and then fell sharply in the following year.
In value terms, cereals; maize (corn), seed exports contracted sharply to $9.9K in 2022. Overall, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 98%.
| Export of Cereals; Maize (Corn), Seed in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Gabon | 12.9 | 5.7 | 5.0 | 9.4 | -10.0% |
| Central African Republic | 9.5 | 0.8 | 3.2 | 0.5 | -62.5% |
| Nigeria | N/A | N/A | 4.6 | N/A | 0% |
| Others | N/A | 0.2 | 0.4 | N/A | 100.0% |
| Total | 22.4 | 6.7 | 13.2 | 9.9 | -23.8% |
Top Export Markets for Cereals; Maize (Corn), Seed from Cameroon in 2022:
- Gabon (5.1 tons)
- Central African Republic (0.4 tons)
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