Cameroon - Vodka - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Spirits, Liqueurs and Other Spirituous Beverages in Cameroon - 2022
Contents:
- Price for Spirits, Liqueurs and Other Spirituous Beverages in Cameroon (CIF) - 2022
- Price for Spirits, Liqueurs and Other Spirituous Beverages in Cameroon (FOB) - 2022
- Imports of Spirits, Liqueurs and Other Spirituous Beverages in Cameroon
- Exports of Spirits, Liqueurs and Other Spirituous Beverages in Cameroon
Price for Spirits, Liqueurs and Other Spirituous Beverages in Cameroon (CIF) - 2022
The average import price for spirits, liqueurs and other spirituous beverages stood at $2.3 per litre in 2022, shrinking by -6.9% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for spirits, liqueurs and other spirituous beverages increased by +49.4% against 2017 indices. The pace of growth appeared the most rapid in 2019 an increase of 27% against the previous year. Over the period under review, average import prices hit record highs at $2.5 per litre in 2021, and then declined in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +16.4% per year.
Price for Spirits, Liqueurs and Other Spirituous Beverages in Cameroon (FOB) - 2022
The average export price for spirits, liqueurs and other spirituous beverages stood at $7.5 per litre in 2022, waning by -3.7% against the previous year. In general, the export price, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 78% against the previous year. Over the period under review, the average export prices hit record highs at $10 per litre in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Central African Republic ($31 per litre), while the average price for exports to Congo stood at $6 per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Central African Republic (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spirits, Liqueurs and Other Spirituous Beverages in Cameroon
In 2022, the amount of spirits, liqueurs and other spirituous beverages imported into Cameroon skyrocketed to 2.7M litres, growing by 156% against the previous year's figure. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of spirits, liqueurs and other spirituous beverages surged to $6.2M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spirits, Liqueurs and Other Spirituous Beverages in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 8.6 | 4.9 | 6,184 | 2581.5% |
| Spain | 29.5 | 95.7 | 135 | N/A | 113.9% |
| Ireland | 701 | 512 | 1,138 | N/A | 27.4% |
| United Kingdom | 6.2 | 48.3 | 194 | N/A | 459.4% |
| France | 218 | 277 | 394 | N/A | 34.4% |
| Netherlands | 117 | 30.6 | 41.9 | N/A | -40.2% |
| Others | 605 | 493 | 686 | N/A | 6.5% |
| Total | 1,676 | 1,466 | 2,594 | 6,184 | 54.5% |
Top Suppliers of Spirits, Liqueurs and Other Spirituous Beverages to Cameroon in 2022:
- United Arab Emirates (2.7M litres)
Exports of Spirits, Liqueurs and Other Spirituous Beverages in Cameroon
In 2022, shipments abroad of spirits, liqueurs and other spirituous beverages decreased by -2% to 2.8K litres, falling for the second year in a row after two years of growth. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 57% against the previous year. As a result, the exports reached the peak of 3K litres. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of spirits, liqueurs and other spirituous beverages declined to $21K in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 27%. As a result, the exports attained the peak of $25K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Spirits, Liqueurs and Other Spirituous Beverages in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 11.0 | 9.9 | 20.1 | 16.6 | 14.7% |
| Central African Republic | 1.6 | 11.9 | 1.7 | 4.4 | 40.1% |
| United States | 7.3 | 3.6 | N/A | N/A | -50.7% |
| Others | N/A | N/A | 0.4 | N/A | 0% |
| Total | 19.9 | 25.3 | 22.2 | 21.0 | 1.8% |
Top Export Markets for Spirits, Liqueurs and Other Spirituous Beverages from Cameroon in 2022:
- Congo (2.8K litres)
- Central African Republic (0.1K litres)
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11011063 - Vodka of an alcoholic strength by volume of . .45,4 % (important: excluding alcohol duty)
- Prodcom 11011065 - Spirits distilled from fruit (excluding liqueurs, gin, geneva, g rape wine or grape marc (important: excluding alcohol duty))
- Prodcom 11011070 - Pure alcohols (important: excluding alcohol duty)
- Prodcom 11011080 - Spirits, liqueurs and other spirituous beverages (excluding spirits distilled from grape wine, grape marc or fruit/whisky, r um, tafia, gin and geneva, spirits distilled from fruit)
Country coverage:
- Cameroon
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cameroon
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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