Cameroon - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Crustaceans Price in Cameroon - 2021
Contents:
- Frozen Crustaceans Price in Cameroon (FOB) - 2022
- Frozen Crustaceans Price in Cameroon (CIF) - 2022
- Frozen Crustaceans Exports in Cameroon
- Frozen Crustaceans Imports in Cameroon
Frozen Crustaceans Price in Cameroon (FOB) - 2022
The average frozen crustaceans export price stood at $4,925 per ton in 2022, picking up by 19% against the previous year. In general, the export price, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2021 an increase of 147%. The export price peaked at $7,792 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Taiwan (Chinese) ($7,049 per ton) and the Netherlands ($5,458 per ton), while the average price for exports to Malaysia ($4,774 per ton) and Central African Republic ($4,931 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Crustaceans Price in Cameroon (CIF) - 2022
In 2022, the average frozen crustaceans import price amounted to $6,984 per ton, increasing by 97% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $11,583 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($22,698 per ton), while the price for Vietnam ($4,575 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Crustaceans Exports in Cameroon
Frozen crustaceans exports from Cameroon skyrocketed to 565 tons in 2022, rising by 44% against 2021. In general, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 172%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, frozen crustaceans exports surged to $2.8M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 255%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Frozen Crustaceans in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 33.9 | 111 | 479 | 895 | 197.8% |
| Central African Republic | 11.1 | 0.6 | 264 | 553 | 268.0% |
| Netherlands | 0.5 | 3.2 | 44.7 | 183 | 615.3% |
| Vietnam | 16.0 | 89.9 | 79.0 | 138 | 105.1% |
| Taiwan (Chinese) | 41.6 | 74.6 | 51.2 | 97.7 | 32.9% |
| Hong Kong SAR | 99.1 | N/A | N/A | N/A | 0% |
| Belgium | N/A | 133 | 65.6 | N/A | -50.7% |
| China | 55.4 | 25.0 | N/A | N/A | -54.9% |
| Others | 3.6 | 19.5 | 635 | 914 | 533.2% |
| Total | 261 | 456 | 1,619 | 2,781 | 120.0% |
Top Export Markets for Frozen Crustaceans from Cameroon in 2022:
- Malaysia (187.5 tons)
- Central African Republic (112.1 tons)
- Netherlands (33.6 tons)
- Vietnam (26.6 tons)
- Taiwan (Chinese) (13.9 tons)
Frozen Crustaceans Imports in Cameroon
In 2022, purchases abroad of frozen crustaceans was finally on the rise to reach 85 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a tangible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen crustaceans imports surged to $593K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Crustaceans in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 0.7 | 0.5 | N/A | 192 | 549.7% |
| Norway | 153 | 73.4 | 2.7 | 98.9 | -13.5% |
| Lebanon | N/A | N/A | N/A | 70.2 | 0% |
| India | 55.3 | 2.5 | 0.7 | 26.1 | -22.1% |
| China | 15.3 | N/A | N/A | N/A | 0% |
| Others | 13.2 | 11.0 | 1.5 | 206 | 149.9% |
| Total | 237 | 87.4 | 4.9 | 593 | 35.8% |
Top Suppliers of Frozen Crustaceans to Cameroon in 2022:
- Vietnam (42.0 tons)
- Norway (20.7 tons)
- India (4.7 tons)
- Lebanon (3.1 tons)
This report provides an in-depth analysis of the frozen crustaceans market 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 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
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
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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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