Price for Animal Products; Bovine Semen in Cameroon - 2022

Contents:

  1. Price for Animal Products; Bovine Semen in Cameroon (CIF) - 2022
  2. Imports of Animal Products; Bovine Semen in Cameroon

Price for Animal Products; Bovine Semen in Cameroon (CIF) - 2022

In 2022, the average animal products; bovine semen import price amounted to $9.2 per unit, reducing by -97% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 5,864%. As a result, import price reached the peak level of $308 per unit, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($120 per unit), while the price for Morocco ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Animal Products; Bovine Semen in Cameroon

Animal products; bovine semen imports into Cameroon skyrocketed to 1.8K units in 2022, with an increase of 3,725% on the year before. Over the period under review, imports recorded a measured expansion. Imports peaked at 3.7K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, animal products; bovine semen imports rose sharply to $17K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 110% against the previous year. As a result, imports attained the peak of $19K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Animal Products; Bovine Semen in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1.34.20.56.066.5%
South AfricaN/AN/AN/A4.40%
Italy5.92.7N/A3.2-18.4%
France1.812.1N/A3.221.1%
MoroccoN/AN/AN/AN/A0%
KuwaitN/AN/AN/AN/A0%
OthersN/AN/A14.3N/A0%
Total9.019.014.816.923.4%

Top Suppliers of Animal Products; Bovine Semen to Cameroon in 2022:

  1. France (1499.0 units)
  2. Canada (184.0 units)
  3. Morocco (66.0 units)
  4. Italy (50.0 units)
  5. South Africa (37.0 units)

Source: IndexBox Market Intelligence Platform

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