Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Cameroon - 2022
Contents:
- Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Cameroon (FOB) - 2022
- Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Cameroon
Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Cameroon (FOB) - 2022
The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,717 per ton in 2022, jumping by 37% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell increased by +115.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 57% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($6,501 per ton), while the average price for exports to Central African Republic ($846 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 Gabon (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Cameroon
In 2022, shipments abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -52.4% to 49 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 84% against the previous year. As a result, the exports attained the peak of 202 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell declined remarkably to $83K in 2022. Overall, exports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2020 with an increase of 80%. As a result, the exports attained the peak of $161K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 38.0 | 4.9 | 19.3 | 60.1 | 16.5% |
| Belgium | 18.8 | 67.9 | 20.4 | 8.3 | -23.9% |
| Nigeria | 5.3 | 23.1 | 19.2 | 4.5 | -5.3% |
| Germany | N/A | 11.0 | 25.1 | 3.7 | -42.0% |
| Gabon | 6.5 | 11.7 | 22.1 | 2.9 | -23.6% |
| Central African Republic | 12.6 | 17.1 | 16.4 | 0.4 | -68.3% |
| Canada | 0.6 | 2.7 | 2.0 | N/A | 82.6% |
| Others | 8.0 | 22.9 | 3.6 | 3.7 | -22.7% |
| Total | 89.7 | 161 | 128 | 83.5 | -2.4% |
Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Cameroon in 2022:
- France (36.2 tons)
- Belgium (4.9 tons)
- Germany (2.6 tons)
- Nigeria (2.6 tons)
- Gabon (1.0 tons)
- Central African Republic (0.5 tons)
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