Liqueurs and Cordials Price in Cameroon - 2022
Contents:
- Liqueurs and Cordials Price in Cameroon (CIF) - 2022
- Liqueurs and Cordials Price in Cameroon (FOB) - 2022
- Liqueurs and Cordials Imports in Cameroon
- Liqueurs and Cordials Exports in Cameroon
Liqueurs and Cordials Price in Cameroon (CIF) - 2022
In 2022, the average liqueurs and cordials import price amounted to $3.1 per litre, shrinking by -10.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2021 an increase of 35%. As a result, import price reached the peak level of $3.4 per litre, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6 per litre), while the price for Trinidad and Tobago ($1.2 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Price in Cameroon (FOB) - 2022
The average liqueurs and cordials export price stood at $10 per litre in 2022, with an increase of 5.1% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 26% against the previous year. Over the period under review, the average export prices reached the peak figure at $11 per litre in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chad ($17 per litre), while the average price for exports to France ($1 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+9.1%), while the prices for the other major destinations experienced a decline.
Liqueurs and Cordials Imports in Cameroon
In 2022, approx. 409K litres of liqueurs and cordialses were imported into Cameroon; which is down by -16.8% on the previous year's figure. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50%. As a result, imports reached the peak of 492K litres, and then fell notably in the following year.
In value terms, liqueurs and cordials imports declined rapidly to $1.3M in 2022. Overall, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 102%. As a result, imports attained the peak of $1.7M, and then fell rapidly in the following year.
| Import of Liqueurs and Cordials in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 733 | 476 | 1,155 | 801 | 3.0% |
| France | 81.2 | 108 | 144 | 186 | 31.8% |
| United States | 3.4 | 10.8 | 158 | 109 | 217.7% |
| South Africa | 105 | 64.9 | 60.0 | 42.3 | -26.1% |
| United Kingdom | 0.9 | 41.7 | 42.4 | 27.1 | 211.1% |
| Trinidad and Tobago | 16.3 | 13.6 | 14.0 | 10.3 | -14.2% |
| Belgium | 21.2 | 20.0 | 23.2 | 5.9 | -34.7% |
| Togo | N/A | 9.8 | N/A | N/A | 0% |
| Others | 109 | 90.2 | 92.2 | 79.3 | -10.1% |
| Total | 1,071 | 835 | 1,688 | 1,262 | 5.6% |
Top Suppliers of Liqueurs and Cordials to Cameroon in 2022:
- Ireland (263.4K litres)
- France (72.2K litres)
- United States (18.1K litres)
- United Kingdom (14.0K litres)
- Trinidad and Tobago (8.5K litres)
- South Africa (8.0K litres)
- Belgium (2.5K litres)
Liqueurs and Cordials Exports in Cameroon
In 2022, shipments abroad of liqueurs and cordialses was finally on the rise to reach 46 litres after two years of decline. In general, exports, however, showed a significant decline. The exports peaked at 238 litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, liqueurs and cordials exports rose notably to $471 in 2022. Overall, exports, however, continue to indicate a dramatic decline. The exports peaked at $2.6K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Liqueurs and Cordials in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 2,507 | 486 | 281 | 439 | -44.1% |
| Chad | 43.0 | 14.0 | 71.0 | 17.0 | -26.6% |
| Gabon | 13.0 | 6.0 | 39.0 | 13.0 | 0.0% |
| Central African Republic | 50.0 | 12.0 | 27.0 | 1.0 | -72.9% |
| France | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Others | N/A | 5.0 | N/A | N/A | 0% |
| Total | 2,614 | 524 | 419 | 471 | -43.5% |
Top Export Markets for Liqueurs and Cordials from Cameroon in 2022:
- Burkina Faso (42.0 litres)
- Gabon (1.0 litres)
- Central African Republic (1.0 litres)
- Chad (1.0 litres)
- France (1.0 litres)
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