Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon - 2022

Contents:

  1. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon (FOB) - 2022
  2. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon (CIF) - 2022
  3. Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon
  4. Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon

Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon (FOB) - 2022

The average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $4,728 per ton in 2022, reducing by -34.4% against the previous year. Over the period under review, the export price showed a pronounced setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 310% against the previous year. As a result, the export price reached the peak level of $12,357 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($24,750 per ton), while the average price for exports to France ($1,692 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 France (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon (CIF) - 2022

The average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $2,748 per ton in 2022, increasing by 9.1% against the previous year. Over the period under review, the import price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 25%. Over the period under review, average import prices reached the peak figure at $6,023 per ton in 2012; however, from 2013 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 ($11,647 per ton), while the price for the Netherlands ($634 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+42.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon

In 2022, approx. 1.9 tons of spices; fruits of the genus capsicum or pimenta, crushed or ground were exported from Cameroon; falling by -22.4% on the previous year's figure. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,433% against the previous year. As a result, the exports reached the peak of 2.4 tons, and then fell significantly in the following year.

In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground contracted markedly to $8.8K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 5,514%. As a result, the exports reached the peak of $17K, and then contracted markedly in the following year.

Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.5N/A7.45.4121.0%
CanadaN/A0.19.23.1456.8%
France0.10.10.10.10.0%
Belgium2.0N/A0.30.1-63.2%
OthersN/AN/A0.2N/A0%
Total2.60.317.28.850.1%

Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Cameroon in 2022:

  1. United States (1480.0 kg)
  2. Canada (291.0 kg)
  3. France (78.0 kg)
  4. Belgium (4.0 kg)

Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon

In 2022, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground into Cameroon declined notably to 2.5 tons, with a decrease of -48.1% compared with 2021 figures. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 779%. As a result, imports reached the peak of 4.8 tons, and then declined notably in the following year.

In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground declined sharply to $6.8K in 2022. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 657%. As a result, imports attained the peak of $12K, and then reduced dramatically in the following year.

Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France18644.02,5732,084123.8%
Lebanon67.049.0897727121.4%
Turkey71.016.0460623106.3%
United Arab Emirates95.01041,35850374.3%
India1342661,49747652.6%
Germany24.0141424287128.7%
China76.019.034728154.6%
United Kingdom3,9248202,430198-63.0%
Netherlands14.011.0127123106.3%
Others1231221,9351,518131.1%
Total4,7141,59212,0486,82013.1%

Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Cameroon in 2022:

  1. France (1020.0 kg)
  2. United Arab Emirates (269.0 kg)
  3. Lebanon (265.0 kg)
  4. China (214.0 kg)
  5. Netherlands (194.0 kg)
  6. Germany (142.0 kg)
  7. Turkey (110.0 kg)
  8. India (81.0 kg)
  9. United Kingdom (17.0 kg)

Source: IndexBox Market Intelligence Platform

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