Price for Cereal Groats and Meal; of Maize (Corn) in Cameroon - 2022

Contents:

  1. Price for Cereal Groats and Meal; of Maize (Corn) in Cameroon (CIF) - 2022
  2. Price for Cereal Groats and Meal; of Maize (Corn) in Cameroon (FOB) - 2022
  3. Imports of Cereal Groats and Meal; of Maize (Corn) in Cameroon
  4. Exports of Cereal Groats and Meal; of Maize (Corn) in Cameroon

Price for Cereal Groats and Meal; of Maize (Corn) in Cameroon (CIF) - 2022

The average import price for cereal groats and meal; of maize (corn)s stood at $485 per ton in 2022, increasing by 1.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 44%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,859 per ton), while the price for Hungary ($374 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats and Meal; of Maize (Corn) in Cameroon (FOB) - 2022

In 2022, the average export price for cereal groats and meal; of maize (corn)s amounted to $131 per ton, declining by -49.6% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 75%. As a result, the export price reached the peak level of $705 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Gabon.

From 2012 to 2022, the rate of growth in terms of prices for Central African Republic amounted to +10.7% per year.

Imports of Cereal Groats and Meal; of Maize (Corn) in Cameroon

After two years of decline, overseas purchases of cereal groats and meal; of maize (corn)s increased by 65% to 43K tons in 2022. Over the period under review, imports, however, recorded a abrupt descent.

In value terms, imports of cereal groats and meal; of maize (corn)s soared to $21M in 2022. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereal Groats and Meal; of Maize (Corn) in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.63.52.85.56.1%
Spain7.83.62.52.8-28.9%
South AfricaN/A0.20.71.5173.9%
France1.20.60.81.20.0%
Romania0.20.80.51.071.0%
Turkey0.10.20.30.9108.0%
UkraineN/A0.10.50.6144.9%
Hungary0.10.50.10.344.2%
Others6.54.24.17.02.5%
Total20.513.912.420.70.3%

Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Cameroon in 2022:

  1. United States (8.5K tons)
  2. Spain (7.0K tons)
  3. South Africa (3.3K tons)
  4. France (2.4K tons)
  5. Turkey (2.2K tons)
  6. Romania (2.1K tons)
  7. Ukraine (1.3K tons)
  8. Hungary (0.9K tons)

Exports of Cereal Groats and Meal; of Maize (Corn) in Cameroon

In 2022, overseas shipments of cereal groats and meal; of maize (corn)s were finally on the rise to reach 1.5 tons after two years of decline. Over the period under review, exports, however, continue to indicate a precipitous slump.

In value terms, exports of cereal groats and meal; of maize (corn)s shrank to $202 in 2022. Overall, exports, however, showed a sharp contraction.

Export of Cereal Groats and Meal; of Maize (Corn) in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gabon8.30.70.20.2-71.1%
Canada0.80.3N/AN/A-62.5%
OthersN/AN/AN/AN/A0%
Total9.11.00.20.2-72.0%

Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Cameroon in 2022:

  1. Gabon (1530.0 kg)
  2. Canada (10.0 kg)

Source: IndexBox Market Intelligence Platform

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