Brown Rice Price in Cameroon - 2022
Contents:
- Brown Rice Price in Cameroon (CIF) - 2022
- Brown Rice Price in Cameroon (FOB) - 2022
- Brown Rice Imports in Cameroon
- Brown Rice Exports in Cameroon
Brown Rice Price in Cameroon (CIF) - 2022
The average brown rice import price stood at $443 per ton in 2022, shrinking by -1.8% against the previous year. Over the period under review, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46% against the previous year. Over the period under review, average import prices reached the peak figure at $587 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($4,033 per ton), while the price for Myanmar ($440 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Brown Rice Price in Cameroon (FOB) - 2022
The average brown rice export price stood at $303 per ton in 2022, shrinking by -2.3% against the previous year. Over the period under review, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 49% against the previous year. The export price peaked at $1,934 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 Nigeria ($1,661 per ton), while the average price for exports to Central African Republic amounted to $235 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+5.0%).
Brown Rice Imports in Cameroon
For the third year in a row, Cameroon recorded decline in supplies from abroad of husked (brown) rice, which decreased by -92.3% to 238 tons in 2022. Over the period under review, imports saw a dramatic decrease. The smallest decline of -47.9% was in 2021.
In value terms, brown rice imports declined rapidly to $105K in 2022. Overall, imports saw a precipitous curtailment. The smallest decline of -23.9% was in 2021.
| Import of Brown Rice in Cameroon (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 10.1 | 1.8 | 1.4 | 0.1 | -78.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.1 | 1.8 | 1.4 | 0.1 | -78.5% |
Top Suppliers of Brown Rice to Cameroon in 2022:
- Myanmar (237.2 tons)
Brown Rice Exports in Cameroon
In 2022, approx. 38 tons of husked (brown) rice were exported from Cameroon; reducing by -26.4% on 2021 figures. Overall, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 21% against the previous year.
In value terms, brown rice exports shrank rapidly to $12K in 2022. In general, exports continue to indicate a dramatic shrinkage. The smallest decline of -21.9% was in 2021.
| Export of Brown Rice in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Central African Republic | 86.0 | 20.3 | 12.0 | 8.5 | -53.8% |
| Nigeria | 7.6 | 0.1 | 4.1 | 2.9 | -27.5% |
| Others | 1.5 | 0.2 | N/A | 0.1 | -59.5% |
| Total | 95.1 | 20.6 | 16.1 | 11.6 | -50.4% |
Top Export Markets for Brown Rice from Cameroon in 2022:
- Central African Republic (36.3 tons)
- Nigeria (1.8 tons)
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