Price for Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon (CIF) - 2022
In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $264 per ton, declining by -45.2% against the previous year. Overall, the import price faced a deep downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 14%. The import price peaked at $2,011 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -16.3% per year.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $221 per ton in 2022, falling by -4.5% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 37% against the previous year. As a result, the export price attained the peak level of $626 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($500 per ton), while the average price for exports to Congo ($124 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+66.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon
In 2022, approx. 32 tons of buckwheat, millet and canary seed; other cerealses were imported into Cameroon; shrinking by -96.6% on the year before. Over the period under review, imports recorded a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 142%. As a result, imports reached the peak of 920 tons, and then declined rapidly in the following year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses dropped remarkably to $8.3K in 2022. In general, imports faced a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 632 | 260 | 435 | 8.2 | -76.5% |
| Belgium | 20.6 | N/A | N/A | N/A | 0% |
| Others | 30.5 | 11.7 | 8.2 | 0.2 | -81.3% |
| Total | 683 | 271 | 444 | 8.3 | -77.0% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Cameroon in 2022:
- United States (31.4 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon
For the fourth consecutive year, Cameroon recorded growth in shipments abroad of buckwheat, millet and canary seed; other cerealses, which increased by 5.8% to 10 tons in 2022. The total export volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 14%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of buckwheat, millet and canary seed; other cerealses amounted to $2.2K in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 1.3% against the previous year.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Central African Republic | 3.6 | 1.9 | 2.0 | 2.1 | -16.4% |
| Chad | N/A | N/A | 0.1 | N/A | 0% |
| Congo | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.2 | 0.1 | 0.1 | -29.3% |
| Total | 3.7 | 2.2 | 2.2 | 2.2 | -15.9% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Cameroon in 2022:
- Central African Republic (9.6 tons)
- Congo (0.4 tons)
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