Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Cameroon - 2022

Contents:

1. Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Cameroon (FOB) - 2022
2. Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Cameroon (CIF) - 2022
3. Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Cameroon
4. Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Cameroon

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Cameroon (FOB) - 2022

In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $281 per ton, with a decrease of -2.2% against the previous year. In general, the export price showed a slight contraction. The growth pace was the most rapid in 2017 when the average export price increased by 9.1%. As a result, the export price attained the peak level of $351 per ton. From 2018 to 2022, the average export prices remained 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 Portugal ($1,251 per ton), while the average price for exports to Canada ($161 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 the United States (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Cameroon (CIF) - 2022

The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $926 per ton in 2022, falling by -13.9% against the previous year. In general, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 58%. The import price peaked at $2,033 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United Arab Emirates ($1,987 per ton), while the price for China ($160 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 (-0.8%), while the prices for the other major suppliers experienced a decline.

Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Cameroon

For the fourth consecutive year, Cameroon recorded growth in shipments abroad of flour and meal; of sago, roots or tubers of heading no. 0714, which increased by 0.1% to 1.2K tons in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 26%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 fell modestly to $332K in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 22%.

Top Export Markets for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 from Cameroon in 2022:

1. Canada (356.9 tons)
2. Belgium (326.0 tons)
3. France (155.8 tons)
4. United States (122.6 tons)
5. Switzerland (87.4 tons)
6. Gabon (56.2 tons)
7. Portugal (54.5 tons)

Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Cameroon

In 2022, overseas purchases of flour and meal; of sago, roots or tubers of heading no. 0714 were finally on the rise to reach 408 kg after two years of decline. In general, imports, however, saw a sharp setback.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 surged to $378 in 2022. Overall, imports, however, saw a precipitous slump.

Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Cameroon in 2022:

1. France (138.0 kg)
2. United States (87.0 kg)
3. United Arab Emirates (79.0 kg)
4. Thailand (56.0 kg)
5. China (25.0 kg)
6. India (22.0 kg)

Source: IndexBox Market Intelligence Platform