Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon - 2022

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon (FOB) - 2022
  2. Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon (CIF) - 2022
  3. Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon
  4. Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon

Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon (FOB) - 2022

The average export price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $77 per ton in 2022, picking up by 22% against the previous year. Over the period under review, the export price, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2020 an increase of 43% against the previous year. As a result, the export price attained the peak level of $98 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($79 per ton), while the average price for exports to China stood at $41 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+9.1%), while the prices for the other major destinations experienced a decline.

Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon (CIF) - 2022

In 2020, the average import price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $1,211 per ton, shrinking by -17.4% against the previous year. Overall, the import price recorded a deep setback. The import price peaked at $3,885 per ton in 2014; however, from 2015 to 2020, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was China ($18,250 per ton), while the price for Chad totaled $194 per ton.

From 2014 to 2020, the most notable rate of growth in terms of prices was attained by China (+29.4%).

Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon

In 2022, overseas shipments of oil seeds; cotton seeds, other than seed, whether or not broken were finally on the rise to reach 8.4K tons after two years of decline. In general, exports, however, saw a deep slump.

In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken soared to $643K in 2022. Over the period under review, exports, however, showed a pronounced decline.

Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria674771354624-2.5%
China53.639.029.218.7-29.6%
OthersN/A5.71.5N/A-73.7%
Total728816384643-4.1%

Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Cameroon in 2022:

  1. Nigeria (7.9K tons)
  2. China (0.5K tons)

Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon

In 2020, approx. 71 kg of oil seeds; cotton seeds, other than seed, whether or not broken were imported into Cameroon; picking up by 18% against 2019. The total import volume increased at an average annual rate of +18.3% over the period from 2019 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken shrank modestly to $86 in 2020. In general, imports, however, continue to indicate a noticeable decrease.

Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Cameroon (USD)
COUNTRY20192020CAGR,
2019-2020
ChinaN/A73.00%
ChadN/A13.00%
India88.0N/A0%
OthersN/AN/A0%
Total88.086.0-2.3%

Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Cameroon in 2022:

  1. Chad (67.0 kg)
  2. China (4.0 kg)

Source: IndexBox Market Intelligence Platform

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