Spices; Saffron Price in Cameroon - 2022
Contents:
- Spices; Saffron Price in Cameroon (CIF) - 2022
- Spices; Saffron Price in Cameroon (FOB) - 2022
- Spices; Saffron Imports in Cameroon
- Spices; Saffron Exports in Cameroon
Spices; Saffron Price in Cameroon (CIF) - 2022
The average spices; saffron import price stood at $123,462 per ton in 2022, rising by 5.6% against the previous year. Over the period under review, the import price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 an increase of 117%. Over the period under review, average import prices reached the peak figure at $161,900 per ton 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 South Africa ($269,000 per ton), while the price for Belgium ($6,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Saffron Price in Cameroon (FOB) - 2022
In 2022, the average spices; saffron export price amounted to $3,750 per ton, falling by -81.2% against the previous year. Over the period under review, the export price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 444% against the previous year. As a result, the export price attained the peak level of $20,000 per ton, and then fell sharply in the following year.
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 ($44,333 per ton), while the average price for exports to Finland amounted to $459 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+34.7%).
Spices; Saffron Imports in Cameroon
Spices; saffron imports into Cameroon contracted sharply to 13 kg in 2022, waning by -31.6% on 2021 figures. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. As a result, imports reached the peak of 19 kg, and then shrank remarkably in the following year.
In value terms, spices; saffron imports reduced rapidly to $1.6K in 2022. Over the period under review, imports saw a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 124%. As a result, imports attained the peak of $2.2K, and then contracted remarkably in the following year.
| Import of Spices; Saffron in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,413 | 300 | 1,161 | 640 | -23.2% |
| Greece | 90.0 | 184 | 976 | 538 | 81.5% |
| South Africa | N/A | N/A | N/A | 269 | 0% |
| Lebanon | 91.0 | 117 | 26.0 | 72.0 | -7.5% |
| Sweden | N/A | N/A | N/A | 53.0 | 0% |
| Germany | 35.0 | 45.0 | 50.0 | 27.0 | -8.3% |
| Belgium | 16.0 | 5.0 | 9.0 | 6.0 | -27.9% |
| Spain | N/A | 251 | N/A | N/A | 0% |
| United States | 85.0 | 89.0 | N/A | N/A | 4.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,730 | 991 | 2,222 | 1,605 | -2.5% |
Top Suppliers of Spices; Saffron to Cameroon in 2022:
- France (5.0 kg)
- Greece (3.0 kg)
- South Africa (1.0 kg)
- Lebanon (1.0 kg)
- Sweden (1.0 kg)
- Germany (1.0 kg)
- Belgium (1.0 kg)
Spices; Saffron Exports in Cameroon
In 2022, spices; saffron exports from Cameroon skyrocketed to 40 kg, with an increase of 1,900% compared with the previous year. Over the period under review, exports posted a significant increase.
In value terms, spices; saffron exports skyrocketed to $150 in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 507%. As a result, the exports attained the peak of $261. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Spices; Saffron in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 43.0 | 26.0 | 33.0 | 133 | 45.7% |
| Finland | N/A | N/A | 7.0 | 17.0 | 142.9% |
| Gabon | N/A | 235 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 43.0 | 261 | 40.0 | 150 | 51.7% |
Top Export Markets for Spices; Saffron from Cameroon in 2022:
- Finland (37.0 kg)
- France (3.0 kg)
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