Price for Tobacco, Unmanufactured; Tobacco Refuse in Cameroon - 2022

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Cameroon (FOB) - 2022
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Cameroon (CIF) - 2022
  3. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Cameroon
  4. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Cameroon

Price for Tobacco, Unmanufactured; Tobacco Refuse in Cameroon (FOB) - 2022

The average tobacco, unmanufactured; tobacco refuse export price stood at $12,791 per ton in 2022, rising by 500% against the previous year. Overall, the export price showed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($43,007 per ton), while the average price for exports to the Netherlands ($1,902 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 the Dominican Republic (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Cameroon (CIF) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse import price amounted to $2,766 per ton, approximately mirroring the previous year. Over the period under review, the import price, however, saw a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 116%. As a result, import price attained the peak level of $2,797 per ton; afterwards, it flattened through to 2022.

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 Senegal ($4,421 per ton), while the price for Indonesia stood at $907 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+13.8%).

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Cameroon

In 2022, shipments abroad of tobacco, unmanufactured; tobacco refuses was finally on the rise to reach 656 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tobacco, unmanufactured; tobacco refuse exports soared to $7.9M in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic2501,2972236,000188.4%
Nicaragua64030638.27626.0%
Netherlands38014324.065419.8%
United States4341242.5279-13.7%
Turkey54.826.82.465.15.9%
Germany51.917.22.851.5-0.3%
Belgium46395.79.534.7-57.8%
Others0.20.10.17.8239.1%
Total2,2752,0103027,85551.1%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Cameroon in 2022:

  1. Netherlands (344.0 tons)
  2. Dominican Republic (139.5 tons)
  3. United States (76.3 tons)
  4. Nicaragua (43.6 tons)
  5. Turkey (19.2 tons)
  6. Belgium (16.1 tons)
  7. Germany (16.0 tons)

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Cameroon

For the fourth consecutive year, Cameroon recorded growth in overseas purchases of tobacco, unmanufactured; tobacco refuses, which increased by 20% to 14 tons in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,571%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, tobacco, unmanufactured; tobacco refuse imports surged to $38K in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,651%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Senegal0.822.326.631.6240.6%
Indonesia0.13.54.55.7284.9%
OthersN/A0.30.30.415.5%
Total1.026.231.437.7235.3%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Cameroon in 2022:

  1. Senegal (7.2 tons)
  2. Indonesia (6.2 tons)

Source: IndexBox Market Intelligence Platform

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