Cameroon - Smoked Herrings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSmoked Herring Price in Cameroon - 2022
Contents:
- Smoked Herring Price in Cameroon (CIF) - 2022
- Smoked Herring Price in Cameroon (FOB) - 2022
- Smoked Herring Imports in Cameroon
- Smoked Herring Exports in Cameroon
Smoked Herring Price in Cameroon (CIF) - 2022
In 2022, the average smoked herring import price amounted to $1,712 per ton, which is down by -4.7% against the previous year. In general, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2013 when the average import price increased by 12% against the previous year. As a result, import price attained the peak level of $9,590 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($1,847 per ton) and Gabon ($1,844 per ton), while the price for France ($1,476 per ton) and Norway ($1,837 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.2%), while the prices for the other major suppliers experienced a decline.
Smoked Herring Price in Cameroon (FOB) - 2022
In 2022, the average smoked herring export price amounted to $7,144 per ton, declining by -21.3% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, smoked herring export price increased by +51.4% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 92% against the previous year. As a result, the export price reached the peak level of $9,075 per ton, and then contracted rapidly in the following year.
As there is only one major export destination, 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 +4.7% per year.
Smoked Herring Imports in Cameroon
In 2022, approx. 3.7 tons of smoked herrings were imported into Cameroon; surging by 9.4% on the previous year's figure. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 9.4%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, smoked herring imports expanded to $6.4K in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Smoked Herring in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Gabon | 1.7 | 3.5 | 4.0 | 5.3 | 46.1% |
France | 2.8 | 1.4 | 1.2 | 0.5 | -43.7% |
Turkey | N/A | N/A | N/A | 0.1 | 0% |
Norway | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
Spain | N/A | 0.5 | 0.3 | N/A | -40.0% |
Germany | N/A | N/A | 0.4 | N/A | 0% |
China | 0.8 | N/A | N/A | N/A | 0% |
Others | N/A | 0.4 | 0.1 | 0.4 | 0.0% |
Total | 5.6 | 5.9 | 6.1 | 6.4 | 4.6% |
Top Suppliers of Smoked Herring to Cameroon in 2022:
- Gabon (2868.0 kg)
- France (334.0 kg)
- Turkey (59.0 kg)
- Norway (49.0 kg)
Smoked Herring Exports in Cameroon
In 2022, overseas shipments of smoked herrings decreased by -25.8% to 118 kg, falling for the second consecutive year after two years of growth. Overall, exports saw a perceptible downturn. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. As a result, the exports reached the peak of 182 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, smoked herring exports reduced dramatically to $843 in 2022. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of $1.4K, and then shrank markedly in the following year.
Export of Smoked Herring in Cameroon (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 680 | 524 | 518 | 1,151 | 19.2% |
Central African Republic | N/A | N/A | 812 | N/A | 0% |
Canada | N/A | 335 | N/A | N/A | 0% |
Others | N/A | N/A | 113 | -308.0 | -372.6% |
Total | 680 | 859 | 1,443 | 843 | 7.4% |
Top Export Markets for Smoked Herring from Cameroon in 2022:
- United States (170.0 kg)
This report provides an in-depth analysis of the smoked herring market in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
Country coverage:
- Cameroon
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cameroon
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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