Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon - 2022

Contents:

  1. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon (FOB) - 2022
  2. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon (CIF) - 2022
  3. Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon
  4. Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon (FOB) - 2022

In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,460 per ton, reducing by -2.7% against the previous year. In general, the export price continues to indicate a mild reduction. The pace of growth was the most pronounced in 2013 when the average export price increased by 6% against the previous year. As a result, the export price reached the peak level of $3,141 per ton. From 2014 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 Equatorial Guinea ($3,272 per ton), while the average price for exports to Gabon ($2,059 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 Congo (+1.4%), while the prices for the other major destinations experienced a decline.

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon (CIF) - 2022

The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $2,968 per ton in 2022, growing by 9.8% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for soups and broths and preparations therefor; homogenised composite food preparationses increased by +15.0% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 31% against the previous year. The import price peaked at $3,784 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($7,237 per ton), while the price for Turkey ($2,594 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon

In 2022, approx. 4.9K tons of soups and broths and preparations therefor; homogenised composite food preparationses were exported from Cameroon; with an increase of 9.5% against the previous year's figure. In general, exports, however, saw a relatively flat trend pattern.

In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses rose markedly to $12M in 2022. Overall, exports, however, continue to indicate a slight downturn.

Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Central African Republic3.83.93.23.4-3.6%
Gabon3.33.63.03.1-2.1%
Equatorial Guinea2.22.62.82.77.1%
Congo0.81.01.51.523.3%
Democratic Republic of the Congo1.20.10.70.7-16.4%
Chad0.61.30.10.60.0%
Others0.70.4N/A0.1-47.7%
Total12.612.911.412.2-1.1%

Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Cameroon in 2022:

  1. Central African Republic (1525.0 tons)
  2. Gabon (1509.1 tons)
  3. Equatorial Guinea (835.9 tons)
  4. Congo (499.0 tons)
  5. Democratic Republic of the Congo (281.6 tons)
  6. Chad (258.8 tons)

Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon

In 2022, supplies from abroad of soups and broths and preparations therefor; homogenised composite food preparationses was finally on the rise to reach 590 tons after two years of decline. Over the period under review, imports, however, showed a abrupt setback.

In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses surged to $1.8M in 2022. Overall, imports, however, showed a abrupt setback.

Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire1,7691,7341,0781,240-11.2%
United States2222283.5161-10.2%
France11020.41871130.9%
United Kingdom54.9N/AN/A91.018.3%
Others22535.7217147-13.2%
Total2,3812,0181,4851,751-9.7%

Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Cameroon in 2022:

  1. Cote d'Ivoire (442.8 tons)
  2. United States (46.2 tons)
  3. France (39.0 tons)
  4. United Kingdom (12.6 tons)

Source: IndexBox Market Intelligence Platform

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