Cameroon - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSparkling Wine Price in Cameroon - 2021
Contents:
- Sparkling Wine Price in Cameroon (CIF) - 2022
- Sparkling Wine Price in Cameroon (FOB) - 2022
- Sparkling Wine Imports in Cameroon
- Sparkling Wine Exports in Cameroon
Sparkling Wine Price in Cameroon (CIF) - 2022
In 2022, the average sparkling wine import price amounted to $4 per litre, with a decrease of -21.1% against the previous year. Over the period under review, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 76%. The import price peaked at $12 per litre in 2012; however, from 2013 to 2022, import prices remained at a 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 Switzerland ($6.6 per litre), while the price for China ($0.4 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.3%), while the prices for the other major suppliers experienced a decline.
Sparkling Wine Price in Cameroon (FOB) - 2022
In 2022, the average sparkling wine export price amounted to $2.8 per litre, declining by -9.2% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of 99%. The export price peaked at $13 per litre in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 France ($4.9 per litre), while the average price for exports to Central African Republic ($1 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-7.3%).
Sparkling Wine Imports in Cameroon
For the fourth consecutive year, Cameroon recorded growth in purchases abroad of sparkling wine, which increased by 39% to 746K litres in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, sparkling wine imports rose notably to $2.9M in 2022. Over the period under review, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked at $3.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Sparkling Wine in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,240 | 415 | 503 | 1,307 | 1.8% |
| Italy | 14.5 | 13.2 | 31.1 | 30.6 | 28.3% |
| Switzerland | 77.2 | 42.1 | 36.7 | 28.9 | -27.9% |
| Belgium | 4.5 | 14.7 | 2.0 | 14.3 | 47.0% |
| China | 5.5 | 3.8 | 4.2 | 4.2 | -8.6% |
| Spain | 3.8 | 16.8 | 14.7 | 3.2 | -5.6% |
| Others | 2,114 | 1,508 | 2,085 | 1,558 | -9.7% |
| Total | 3,459 | 2,013 | 2,678 | 2,947 | -5.2% |
Top Suppliers of Sparkling Wine to Cameroon in 2022:
- France (474.2K litres)
- Italy (29.9K litres)
- China (11.5K litres)
- Belgium (10.9K litres)
- Spain (7.2K litres)
- Switzerland (4.4K litres)
Sparkling Wine Exports in Cameroon
In 2022, approx. 90 litres of sparkling wine were exported from Cameroon; surging by 7.1% compared with the previous year. Overall, exports, however, recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 140% against the previous year. Over the period under review, the exports attained the peak figure at 481 litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, sparkling wine exports dropped to $254 in 2022. Over the period under review, exports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 3.2% against the previous year. Over the period under review, the exports reached the maximum at $2.3K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Sparkling Wine in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,671 | 125 | 248 | 186 | -51.9% |
| Burkina Faso | N/A | N/A | N/A | 34.0 | 0% |
| Central African Republic | 105 | 2.0 | 4.0 | 29.0 | -34.9% |
| Others | 492 | 126 | 9.0 | 5.0 | -78.3% |
| Total | 2,268 | 253 | 261 | 254 | -51.8% |
Top Export Markets for Sparkling Wine from Cameroon in 2022:
- France (38.0 litres)
- Central African Republic (29.0 litres)
- Burkina Faso (21.0 litres)
This report provides an in-depth analysis of the sparkling wine 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 11021130 - Champagne (important: excluding alcohol duty)
- Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol duty)
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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This report provides an in-depth analysis of the sparkling wine market in Cameroon.
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