Cameroon: Chewing Gum Market 2024

Chewing Gum Market Size in Cameroon

The Cameroonian chewing gum market expanded modestly to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, recorded a noticeable decline. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Chewing Gum Production in Cameroon

In value terms, chewing gum production reached $X in 2022 estimated in export price. In general, production, however, saw a drastic downturn. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Chewing Gum Exports

Exports from Cameroon

In 2022, after two years of growth, there was decline in shipments abroad of chewing gum, when their volume decreased by X% to X tons. Over the period under review, exports saw a slight setback. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, chewing gum exports contracted modestly to $X in 2022. Overall, exports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Congo (X tons), Central African Republic (X tons) and Gabon (X tons) were the main destinations of chewing gum exports from Cameroon, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Central African Republic (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for chewing gum exported from Cameroon were Congo ($X), Central African Republic ($X) and Gabon ($X), together comprising X% of total exports.

Among the main countries of destination, Central African Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average chewing gum export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Equatorial Guinea ($X per ton) and Gabon ($X per ton), while the average price for exports to Central African Republic ($X per ton) and Congo ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Central African Republic (X%), while the prices for the other major destinations experienced a decline.

Chewing Gum Imports

Imports into Cameroon

In 2022, overseas purchases of chewing gum decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a strong expansion. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, chewing gum imports dropped to $X in 2022. Overall, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of chewing gum to Cameroon, with a X% share of total imports. Moreover, chewing gum imports from India exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Turkey (X% per year).

In value terms, India ($X) constituted the largest supplier of chewing gum to Cameroon, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average chewing gum import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chewing gum import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 an increase of X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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